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Time short for S&P to end 2011 higher

With two weeks left in the trading year, the euro zone debt crisis will remain the primary impediment to pushing the S&P 500 index into positive territory for 2011.

7 Positive Predictions for Investors in 2012

Ben Bernanke on screen at the Chicago Mercantile Exchange.
With less than two weeks left before the end of the year, all kinds of market participants, from economists at multinational banks to stock bloggers in their bedrooms, have begun to give their predictions for 2012. Here is a lucky set of seven predictions that could benefit investors next year.
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Carlos the Jackal Faces French Trial for Orchestring 1980s Bomb Attacks

Carlos the Jackal Gets Second Life Sentence

Cold War militant Carlos the Jackal was sentenced to a second life term by a Paris court on Thursday after being found guilty of a number of bombings in France three decades ago.
A Deutsche Bank logo is pictured in front of the Deutsche Bank headquarters in Frankfurt

Deutsche Bank Starts Asset Manager Sale: Sources

Deutsche Bank AG has launched the sale of a large chunk of its global asset management business, with a price tag seen between 2 billion euros ($2.6 billion) and 3 billion, two financial sources familiar with the sale process said on Friday.
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Italy's Monti faces confidence vote on austerity

Italy's government faces a confidence vote in parliament on Friday, called to speed up approval of a 33-billion euro ($43 billion) austerity package intended to restore financial market confidence in the euro zone's third largest economy.
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U.S. Resilient, Europe Debt Woes Touch Asia

An improvement in the U.S. employment picture last week and a rise in regional factory activity suggested an emerging divide between resiliency in the U.S. economy and faltering growth in Europe and Asia.
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ECB chief says euro zone on right track

Europe's top central banker said on Thursday that euro zone governments are on the right track to restore market confidence but reminded them that an emergency program to buy their bonds was neither eternal nor infinite.
U.S. Defense Spending

Defense Bill 2012 - To Make U.S. Stronger, Cut Pentagon’s Budget By 50%

U.S. overspending on the military has diverted resources from civilian / social investments, including public goods, weakening the U.S. economy, and, by extension weakening the nation. If it doesn’t substantially cut defense spending, the U.S.’s empire will likely share the fate of two other empires that overspent on the military -- the British Empire and the Soviet Union.
Galaxy Nexus

Verizon Samsung Galaxy Nexus Releases Today - To Buy or Not to Buy?

The wish of the anxious Android fans was fulfilled on Dec. 15 (Thursday) as Verizon began selling the long-awaited Android 4.0-powered (Ice Cream Sandwich) Galaxy Nexus. The handset sells for $299 with a 2-year Verizon contract. No doubt, it will get scooped up like hot cakes as the smartphone is being touted as an iPhone killer but the billion dollar question is - is it really worth buying?
Galaxy Nexus

Verizon Samsung Galaxy Nexus Unleashed Today: Where and How to Buy

The most wanted Android smartphone, Samsung Galaxy Nexus, which runs on Android 4.0 (Ice Cream Sandwich), will finally hit Verizon Wireless stores on Thursday (Dec. 15) and will sell for $299.99 with a two-year contract. The Verizon version of Samsung Galaxy Nexus will be available in Verizon stores across the US and online starting from 1 a.m. EST.
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Europe's economic and debt woes touch Asia

The pace of decline in the euro zone private sector eased unexpectedly in December, but the global toll of the region's sovereign debt crisis became clearer on Thursday with news of falling investment and factory activity in China.
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France gets four bids in 4G auction

France's telecoms regulator has received bids from all of the country's major operators for a second batch of higher-quality fourth-generation mobile licenses and will choose winners in the coming weeks.
Rick Santorum

Rick Santorum Compares Obama Administration to Fascist Italy

Rick Santorum, the former U.S. senator from Pennsylvania who has been hanging out with Jon Huntsman at the bottom of the Republican pack, said in Waterloo, Iowa, on Tuesday that the United States was not so gradually beginning to resemble fascist Italy.

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