UNITED STATES

Oil Prices Rise on Middle East Unrest

Oil Prices
U.S. February crude jumped 90 cents to $99.57 per barrel after reaching a high of $99.87. Brent February crude rose 46 cents to $108.17 per barrel. Trading volumes were light. The oil price increase was different than a week ago when Europe concerns pushed prices below $100.

Cuomo Signs Livery Cab Bill

Livery Cab Deal is Done
Done deal. Both Governor Andrew Cuomo and Mayer Michael Bloomberg have signed a controversial bill that will allow livery cabs to pick up passengers off the street throughout the five boroughs. Bloomberg alluded to the coming deal in a press conference on Wednesday where he celebrated the 50 millionth tourists to visit New York City.
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Josh Krajcik Sings ‘Hallelujah,’ Will He Be ‘X Factor’ Winner? [VIDEO]

Thursday marks the season finale of The X Factor with the winner to be announced, awarding the $5 million prize to one of the three finalists: Melanie Amaro, Josh Krajcik and Chris Rene. Show creator Simon Cowell touts Amaro as the frontrunner in the comptetion, but the Internet, however, seemed abuzz about Josh Krajcik's recent performances, which include Etta Jame's At Last and Leonard Cohen's Hallelujah.
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Stern Advice: Financial predictions for 2012

Sigh. A lot of people are predicting more of the same for 2012: Another year of stock market volatility, high unemployment, banking industry upheaval, weak housing and more talk about Facebook, mobile commerce, 401 plans and taxes.
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Stern Advice: The top 10 money stories of 2011

Remember way back in January, when Washington was arguing about taxes, homeowners were having trouble getting refinanced and investors were dumping gold? Hmmm...that makes it seem like 2011 was an uneventful year.
Trader works on the main trading floor of the New York Stock Exchange

Wall Street Rises After Jobless, Sentiment Data

Stocks edged higher on Thursday, putting the benchmark S&P 500 index on track for its third straight advance after data pointed to ongoing labor market improvement, albeit at a slow pace.
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Analysis: ECB cash to give indirect boost via banks

The European Central Bank's offer of cheap long-term cash is an attempt to prevent a rapid bank deleveraging shock rather than U.S.-style money printing that will filter through to the real economy and leach into other markets.
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Jobless claims at 3.5 year low

The number of Americans filing new claims for jobless benefits hit a 3-1/2 year low last week, bolstering views the economy was gaining momentum, even though third-quarter growth was revised down.
Three Stocking-Stuffer Stocks

Three Stocking-Stuffer Stocks for the Holidays

Amid the holidays and making your list and checking it twice, what better time to consider one of 3 stocking-stuffer stocks that you can place by the chimney with care: General Electric (GE), CVS (CVS), Intel (INTC). These 3 companies are the kind of stock that you can buy for child's college fund, and in 10 years, you'll be really glad you did.
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Ron Paul 2012: the Real Anti-Obama Candidate

Ron Paul's 2012 run represents the best anti-Obama hope America has. Paul and Mitt Romney polled the best against President Barack Obama in a recent CNN / ORC poll. Paul polled best against Obama in an earlier NBC News / Marist Poll.
Gold bricks

Gold ETF Inflows Down in '11 - Report

The inflows into gold-backed exchange-traded funds that helped drive bullion demand sharply higher during the financial crisis have more than halved this year, according to Reuters data, and are unlikely to recover in 2012 as appetite grows for other assets.

Jobless Claims Drop to Lowest Since April 2008; U.S. Debt-to-GDP Passes 100%

The number of Americans filing for first-time unemployment benefits continued to decline last week, even after dropping to a three-and-a-half year low in the previous week. The figure is still below a key threshold for gauging the job market, a sign that the labor market is gaining strength heading into 2012.
Occupy Wall Street

2011 In Review: Occupy Wall Street Timeline

Occupy Wall Street registers as one of the biggest surprises of 2011. Despite constant criticisms that it lacked a concrete set of goals or demands, Occupy Wall Street's broad critique of economic injustice resonated with a country still grappling with the fallout from the financial crisis. A timeline of the movement.
Traders work on the floor of the New York Stock Exchange

Top 10 Market Predictions for 2012

The fact is everyone in the financial services or wealth management business has thought about what they feel the markets will do next year. Following are the 10 market predictions for 2012 from Oliver Pursche, co-portfolio manager of GMG Defensive Beta Fund.

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