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National home prices slide 2% in Q3: S&P

U.S. home prices fell by 2.0 percent in the third quarter of 2010, after having risen 4.7 percent in the second quarter, according to data from S&P/Case-Shiller Home Price Indices.
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Apple profit view raised at ThinkEquity

Apple profit view raised at ThinkEquity

ThinkEquity has increased its profit estimates and price target on Apple Inc., saying that the recent expansion of iPad distribution in the U.S. and iPad's launch in more international markets, easing of supply constraints this quarter are strong positives for the company.
Holiday shoppers walk through Time's Square in New York

Number of Black Friday Weekend shoppers increase from last year

The National Retail Federation (NRF) said that 212 million U.S. shoppers visited stores and websites over the Black Friday weekend, up from 195 million last year. Moreover, the average shopper spent $365.34 this weekend, up from last year’s $343.31 figure.
Counterfeit goods seized by the U.S. government are shown on display at the National Intellectual Property Rights Coordination Center in northern Virginia, October 7, 2010.

Feds bust knock-off sales sites

Selling counterfeit items over the Internet became a little more difficult today, as federal law enforcement officers executed seizure orders against the domain names of 82 commercials websites that, authorities said, sold and distributed counterfeit goods and copyrighted works.
With New York's Empire State Building behind them, a group of friends play in the snow in a park along the Hudson River in Hoboken, New Jersey

It may be cold, but historically December is hot month for stocks

While investors currently grapple with a number of very troubling geopolitical and economic issues -- namely the threat of war in Korea and the potential sovereign debt contagion in Europe, interest rate hikes by China, among others – some might take solace in the fact that December has consistently been the best-performing months for U.S. going back more than sixty years.
World leader's reaction to Wikileaks

World leaders react to Wikileaks disclosures

Berlusconi in Italy laughed it away, while Ahmadinejad in Tehran yet again blamed the United States. The Russians refused to comment and Indians breathed a sigh of relief. WikiLeaks, the whistle-blower website, revealed the vigor of US espionage, leaking out more than 250,000 U.S. diplomatic cables. The first batch of the documents leaked mentioned Saudi Arabia and other Arab states' desire to attack Iran, highly sensitive information on world leaders and US military strategy across the Worl...
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Fed judge pleads guilty to drug charge

A federal district court judge, who was arrested last month for purchase and use of drugs and illegal possession of firearms, has pleaded guilty and has agreed to step down from the bench.
A woman walks past the U.S. embassy in Madrid November 29, 2010.

U.S. denies diplomats are spies

A spokesman for the U.S. State Department denied on Monday that his agency's diplomats were spies, after the release of hundreds of thousands of secret and unclassified cables by the Wikileaks organization.
U.S. President Obama and Secretary of State Clinton

Obama administration in a diplomacy bind over WikiLeaks

The Obama administration has been left red-faced by disclosures made by whistle-blower website WikiLeaks pertaining to French president Nicholas Sarkozy that describes him as an “emperor without clothes”, Iran president Mahmoud Ahmadinejad as ‘Hitler’ and Russian prime minister Vladimir Putin as an “Alpha Dog”.
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Gold Hunger in China further bolstered by approval of first Gold Fund

Now institutional investors in China can join the gold buying frenzy as well, which retail investors and the Chinese central bank are already engaged in. China approved the country's first mutual fund that bets on gold prices, as inflation fears fuel demand for the precious metal.

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