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November Consumer Credit Surges by Most Since 2001

Consumer credit surged in November by the most since October 2001, rising 10.0 percent on higher credit card debt and more student loans doled out by the government, a Federal Reserve report showed on Monday.

Beyonce’s Sister Solange Knowles Signed to Next Models

Solange Knowles
For the Knowles family this has been a big week. Singing superstar Beyonce welcomed her first child on Saturday night, baby girl Blue Ivy Carter. Not only did her sister Solange Knowles become an aunt to the baby girl, she is now also officially a model.
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Immigration Reform: Eyeing Election, Obama Acts Without Congress

Obama has recast himself in preparation for the 2012 election, pivoting from compromiser-in-chief to a more aggressive posture of denouncing Republican obstructionism and enacting measures that do not require Congress' consent. That tactic has extended to immigration policy, with Obama presiding over a series of administrative changes to how immigration laws are enforced.
AT&T

AT&T Launches 4G LTE in New York City

AT&T may have lagged in the 4G LTE race but the mobile giant has finally launched the speedy network in New York City and 10 other markets, with hopes to roll the service out completely by the end of 2013.
Yanacocha mine

Gold Prices up on Euro Strength

Gold recovered from lows on Monday, lifted by gains in the euro versus the dollar after French and German leaders said there had been progress on the region's fiscal integration, but its rise was capped by caution after the metal's hefty losses last month.
coulon

Beyonce’s Baby, Blue Ivy Carter, Prevents Man from Seeing Newborns at Lenox Hill Hospital

While it seemed the entire world awaited the birth of Beyonce and Jay-Z's daughter, Blue Ivy Carter, not everyone was as excited, like those waiting at Lenox Hill Hospital in New York City. According to Neil Coulon, a 38-year-old man from Brooklyn, security present at Lenox Hill during Beyonce's stay prevented him from entering the neonatal intensive care unit where his two premature twin girls were staying.
A man walks past the headquarters of IBM Japan in Tokyo

IBM May Report Lower Backlog in Q4

International Business Machines Corp. (NYSE:IBM) may report lower backlogs for its fourth quarter, hurt by challenging business conditions at its software and systems units.
Traders work on the floor of the New York Stock Exchange

Stock Futures Edge up as Euro Leaders Meet, Alcoa Eyed

Stock index futures edged higher on Monday as investors focused on a European meeting intended to find ways to boost the region's economies and tackle a debt crisis and prepared for the start of U.S. corporate earnings.
Advanced Micro Devices Inc. (NYSE: AMD)

AMD Could Guide Sequentially Lower Q1 Revenues

Chip maker Advanced Micro Devices, Inc. (NYSE:AMD) could guide its first quarter revenues to decline 4 percent to 8 percent sequentially when it reports its fourth-quarter results on Jan.19, according to a Wall Street analyst.
Andrew Cuomo

New York Casino: Cuomo Bets on Aqueduct; Cabbies Rejoice

Governor Cuomo has proposed tearing down the Javits Center on Manhattan's West Side and is proposing that Aqueduct Raceway, now a racino (raceway & casino) be developed into a full-fledged convention center, which might then be called a Crackino, that is, a convention-track-casino center.

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