UNITED STATES

October Existing-Home Sales Rise Unexpectedly, But Still Weak

Sales of previously owned homes in the U.S. rose in October while the number of homes on the market continued to decline, according to the National Association of Realtors. Although falling property values and near record-low borrowing costs are starting to appeal to homebuyers, a growing trend of last minute cancellation suggests that even those who are looking to buy are worried about the housing market.
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Wall Street Down 2 Percent on Global Debt Concerns

U.S. stocks dropped about 2 percent on Monday, putting the S&P on track for its fourth straight day of losses as concerns about heavy debt loads both domestically and abroad added uncertainty to a troubled market.
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Super Committee Nov. 2011

Super Committee - on the Brink of Failure, Will it Matter?

FBR Capital Markets said that with a midnight deadline and both sides deadlocked, it appears that a deal is untenable at this point for the U.S. Congress Joint Select Committee on Deficit Reduction -- colloquially referred to as the Super Committee.
On average, the normal weight subjects ate three meals and a little over two snacks each day, whereas the overweight group averaged three meals and just over one snack a day.

Overweight People Eat Less Often [STUDY]

Overweight adults eat less often than people in the normal body weight range, but still take in more calories and are less active over the course of the day, according to a U.S. study.
Silver bars

Hecla Mining Backs Full-Year Production Outlook

Hecla Mining Co. backed its full-year production outlook on Monday despite the suspension of work at its Lucky Friday silver mine in Idaho, where a contractor died in an accident last week.
U.S. President Barack Obama and Secretary of State Hillary Clinton

Hillary Clinton for President 2012 Gaining Momentum?

Hillary Clinton for President 2012 may be gaining momentum. Two Democratic pollsters, including one who worked for Bill Clinton and another who worked for Jimmy Carter, have stepped out and said suggesting that very thing. They argue that President Barack Obama should give up on another four years in office to roll out the political red carpet for Hillary Clinton.
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Futures tumble on expected debt panel defeat

U.S. stock index futures were sharply lower on Monday, extending the previous week's losses as a congressional super committee was expected to concede defeat in its bid to lower the deficit.
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Ex-UBS star shakes and stirs at BofA Asia

When some bankers arrived late for work at Bank of America-Merrill Lynch's Asia headquarters in Hong Kong earlier this year, they found a Post-It note on their computer screens.
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Gold Steady after Biggest Weekly Loss Since September

Gold traded steady on Monday after its biggest weekly loss since September, as investors remained cautious even after Spain's center-right opposition won a landslide victory in the election and is expected to launch drastic austerity measures.
People walk past a sign of Olympus Corp outside the company's showroom in Tokyo

Olympus: Panel Finds no Criminal Links yet in M&A Deals

Japan's Olympus Corp said on Monday that a third-party panel appointed by the company to look into an accounting scandal has, so far, found no evidence that funds from its M&A deals went to organised crime syndicates or that yakuza gangsters were involved.
Suu Kyi, leader of Myanmar's democratic opposition, waves during the opening ceremony of Aungsan Jar-mon Library at Thanatpin township near Bago

Aung San Suu Kyi Will Run for Myanmar Parliament

Myanmar democracy leader Aung San Suu Kyi will run in a parliamentary by-election expected by the end of the year, a top party official said Monday, giving legitimacy to moves toward democracy after decades of military rule.
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EU Patent Dispute Outcome Limits DMD Opportunity for AVI Biopharma

Prosensa announced the outcome of the Opposition Division of the European Patent Office (EPO) ruling on dystrophin exon 51 skipping molecule. Wedbush Securities said the EPO decision, pending any appeal, may effectively prevent AVI BioPharma from marketing its lead exon 51 skipping molecule, eteplirsen, for Duchenne Muscular Dystrophy in the European Union without a license
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U.S., Europe debt fears hit stocks

Worries about out-of-control government debt on both sides of the Atlantic swept across financial markets again on Monday, knocking stocks sharply lower and pushing up prices of bonds deemed to be safe havens.

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