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Machinery at Cortez Mine

Gold Tumbles but Rebounds to Near Starting Price

Gold prices fell Wednesday as investors sold the metal to raise cash but bargain hunting and short covering pared the losses so the yellow metal ended the session just shy of its opening price.
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Stocks continue slide on Europe woes, China data

Stocks tumbled again on Wednesday, leaving the benchmark S&P 500 on pace for a sixth straight decline as frustration with the euro zone's debt crisis coupled with weak Chinese factory data sank investor sentiment.
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Groupon shares sink below $20 IPO price

Shares of Groupon Inc fell for a third day on Wednesday, sinking below the company's initial public offering price of $20 less than three weeks after the daily deal company went public.
Iranian President Mahmoud Ahmadinejad

Half of Americans Would Bomb Iran if Sanctions Fail: Poll

Half of all Americans think that bombing Iran is necessary to stop the country's burgeoning nuclear weapons program if sanctions fail, according to a new Quinnipiac poll. And 60 percent of Americans think that economic sanctions will fail.
Mitt Romney

Mormon Faith Only Hurts Romney in Primaries: Pew Research Center

According to a new Pew Research Center poll, a third of Republicans think Mormonism isn't a Christian religion, and these people are less likely to support Romney for the Republican nomination. But if Romney does get the nomination, an overwhelming majority of Republicans would vote for him over President Barack Obama.
Yemen’s president reportedly on brink of quitting

Yemen's Saleh Signs Deal to Give up Power

Yemeni President Ali Abdullah Saleh signed a deal on Wednesday under which he stepped down from 33 years in power and 10 months of protests against his rule that have brought the country to the edge of civil war.
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AU envoy urges negotiations with Somalia rebels

The African Union special envoy for Somalia on Wednesday urged countries waging war on al Shabaab to keep an open door to negotiations with militants who are willing to lay down their weapons.
U.S. Russia

Russia Says It Will Target U.S. Missile Shield

Russia has again warned the U.S. about deploying a missile defense system in Europe, with President Dmitry Medvedev saying his nation will deploy new missiles aimed at the shield if the U.S. goes forward with its plan.
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Fitch says new shocks could threaten France's AAA

France would have limited room to absorb any new shocks to its public finances without endangering its AAA status, Fitch Ratings said on Wednesday, in the latest sign that the euro crisis could rob France of its cherished top-tier rating.
People wait in line to enter a job fair in New York August 15, 2011.

Jobless Claims Numbers Indicate Positive Trend for Jobseekers Despite More Job Cuts

Latest data on new claims for unemployment sent mixed signals to the market, showing that while the week ended Nov. 19 was the third straight week for initial claims to hold below 400,000, a mark that most economists believe is essential for the economy to add more jobs than it is shedding, application for jobless insurance increased 2,000 to 393,000.
Mitt Romney

Conservative Senator John Thune Endorses Romney, Three Days After Ayotte

Sen. John Thune, R-South Dakota, endorsed Mitt Romney on Wednesday, just three days after Sen. Kelly Ayotte of New Hampshire gave her endorsement. Thune and Ayotte are both strong conservatives, so their backing may increase Romney's credibility among the voters who are most hesitant to support him.
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Online holiday sales expected to rise 15 percent

U.S. online spending should increase 15 percent this holiday season, outpacing even last year's torrid growth, as shoppers are enticed by more retailers offering free or low-cost shipping, analytics firm comScore said.
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Agricultural demand fuels Deere results, outlook

Deere & Co reported a 46 percent rise in quarterly earnings and projected substantial growth for 2012 amid strong global farming conditions and higher prices, sending its shares higher in an otherwise weak stock market.
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Jobless claims rise, spending barely up

The number of Americans filing new unemployment claims rose last week and consumer spending barely increased in October, according to data on Wednesday which could prompt economists to tamp down on expectations for solid growth in the current quarter.

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