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Consumer Sentiment up, Trade Gap Narrows

Children run past a storefront decorated for the holidays in New York
An index of consumer sentiment rose to its highest in six months in early December and the trade deficit narrowed in October in the latest signs that the U.S. economy's health is slowly improving.
A schoolboy uses a laptop provided to him under 'one laptop per child' project by non-governmental organisation (NGO) as a calf stands near in a primary state-run school on the eve of International Literacy Day at Khairat village, about 90 km (5

Access to web, phones key to helping the poor

Governments worldwide must boost internet accessibility in order to nurture democracy and economic development, entrepreneur Loic Le Meur said at the prestigious LeWeb technology conference in Paris which he founded.
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South Sudanese army personnel

South Sudan and Sudan Edging Toward War

South Sudan became the world’s newest republic this past July, following decades of civil war that killed some 1.5 million people, after seceding from Sudan.
NYSE trading post

Someone Goes All In on Bank of America (NYSE:BAC)

A market participant with apparently $400 million in cash lying around just became one of Bank of America's (NYSE:BAC) largest shareholders. Between 11:01 and 11:02 a.m. New York time, trade in Bank of America spiked as over 72 million shares changed hands.
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Rita Morelli's Death by Delusion

Italian immigrant Rita Morelli died a horrible death. Bakaray Camara, 41, was arrested for allegedly strangling her to death in her East Harlem apartment on Wednesday. Morelli's live-in boyfriend discovered her body.
iraq departure

Iraq Withdrawal: After Troops Leave, A Substantial American Presence

Iraqi president Nouri al-Maliki has said he is open to negotiating a role for American troops that would likely include helping to train Iraqi security forces. Whether or not that happens, there will still be a massive diplomatic presence and a small army of contractors to defend them.
LVMH

Luxury giants battle it out in menswear

Buoyant demand for luxury menswear, driven by China's male-dominated market, has prompted big industry players such as LVMH and PPR to step up their investments in the fast-growing market.
Medication responders saw significantly bigger improvements in their depression symptoms than patients assigned to the placebo. Non-responders, however, did worse.

Some Depressed People Do Worse on Medications

According to a new look at past antidepressant trials, up to a fifth of patients on Cymbalta and similar medications may actually do worse than those given drug-free placebo pills.
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Oil Trades below $98 on EU Summit Doubts

Crude oil prices dropped below $98 a barrel in Asian trade Friday as investors' hopes dimmed over the outcome of a crucial European Union summit later in the day.

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