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From wire reports, RSS feeds, and Twitter feeds, all the news sites that I keep in tune with are all brought into one simple and easy-to-read pane on my screen. It uses a fraction of the data than other conventional RSS aggregators, and uses Readability which translates lengthy news articles into text that is extremely comfortable to read.
It costs less than $5 -- but is not available on Windows, which for me isn't so much of a problem -- and connects to Google Reader, allowing you to import all of your feeds from the cloud. And when working with breaking news, it's only a couple of clicks away from tweeting or emailing news fresh off the wire: not only useful for the end-reader, but also crucial for getting snippets of news to editors for internal distribution to other writers.