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The drum beat for austerity gets louder

Much of the developed world is charging ahead with austerity plans that will drag on the world economy next year, with bond market vigilantes beating the drum for ever-more belt tightening.

'Super Committee' Still Hoping for Debt Deal

Congress' Super Committee
The congressional super committee is at a difficult point in negotiations on deficit reduction, but lawmakers said on Sunday they had not given up on reaching an agreement by this month's deadline.
U.S. Republican presidential candidate Mitt Romney

Romney Has Clear Lead Among Republicans: Poll

Twenty-eight percent of Republicans backed the former Massachusetts governor, giving him a lead of 8 percentage points over his nearest challenger, Herman Cain, in the poll, taken Nov, 10-11.
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Eli Lilly faces tough times with patent losses

Eli Lilly and Co has hit a tough spot with the pharmaceutical company's top treatment now facing competition from cheaper generic brands and the looming loss of patent protection on other drugs.
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Obama, Hu air economic disputes at APEC summit

President Barack Obama and Chinese President Hu Jintao presented dueling trade agendas at a Pacific summit on Saturday that underscored growing tensions between the world's two biggest economies.
Local people stand near an Emirates airplane at Dubai airport

Emirates' $18 billion Boeing order kicks off air show

Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Gulf airlines despite growing fears of stalling global growth.
2012 GOP Presidential Candidate Herman Cain

Fox News to Interview Gloria Cain This Weekend: Report

Gloria Cain, wife of Republican presidential candidate Herman Cain, has reportedly agreed to sit down this weekend with Greta Van Susteren of Fox News for a television segment that will likely air Monday, according to The New York Times.
Host Nick Cannon (2nd L) and judges Piers Morgan (L), Sharon Osbourne and Howie Mandel attend the NBC panel for the television show ''America's Got Talent'' during the Television Critics Association summer press tour in Pasadena,

Piers Morgan leaving America's Got Talent

Piers Morgan announced he is leaving his judge's seat on America's Got Talent next season in order to focus on other upcoming news events like the 2012 U.S. presidential election.
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Obama says China must play by the rules

President Barack Obama used an Asia-Pacific summit on Saturday to push back against China's trade practices, insisting Beijing stop poaching U.S. intellectual property and allow its currency to rise.
Kim Kardashian and Kris Humphries

Kris Humphries Hires Lawyer for Divorce…in 6 Months

While some of us have been wondering if the divorce from Kim Kardashian will follow through, Kris Humphries has moved his pawn in the imminent split by hiring a lawyer for the minimum six-month-long divorce proceedings. Yes, the divorce process will take 110 days longer than the couple was actually married.

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