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FBR Capital Markets believes that for President Barack Obama to win re-election, improving economic conditions will be key, which it would view as a tailwind for the markets.

Iowa Republicans cast the first votes of the 2012 White House campaign on Tuesday, with Mitt Romney, Rick Santorum and Ron Paul in a high-stakes battle to win the party's kick-off nominating contest.

2011 was not only a big year for news, it was also a big year for online leaks. Several celebrities fell victim to online hackers who posted their nude photos or alleged nude photos on the Internet. Similarly, footage from some of the biggest movies last year also found its way on the World Wide Web.

Savannah Brinson is one lucky lady. Basketball superstar LeBron James proposed to Brinson, his longtime girlfriend, on New Year's Eve.

Check out the biggest sales and best deals at stores like Target, Wal-Mart, Best Buy and Amazon. Some discounts last all weekend, but others expire at 11:59pm on New Year's Eve. Click here to get promo codes, find the biggest discounts, and nab sales items before the New Year is over. Happy shopping!

The 2012 presidential campaign has been one of the most volatile in recent memory, and it isn't even 2012 yet. Take a look back at the highlights and lowlights of the battle for the Republican nomination so far.

The Food and Drug Administration (FDA) and the Centers for Disease Control and Prevention (CDC), in a joint statement, have confirmed there is no need to recall the powdered infant formula manufactured by Mead Johnson Nutrition Co. The agencies tested sealed cans of the Enfamil formula and found no traces of the Cronobacter contamination it was reported to have.

Pastor Zachery Tims, the founder of Florida megachurch the New Destiny Christian Center, passed away unexpectedly in August of this year. Paula White has been appointed the church's new pastor by the board, but Tims' ex-wife, Riva, is suing the New Destiny Christian Center's board claiming she wants an election to determine who should lead the congregation.

NBA legend Michael Jordan has proposed to Yvette Prieto, his girlfriend of three years. Prieto is a 33-year-old Cuban-American supermodel.

Michael Plumadore, the babysitter and neighbor who confessed to killing 9-year-old Aliahna Lemmon, has officially been charged with her murder,

The story of 10 disabled children, who were abused for over 15 years, as reported today in the New York Times by Benjamin Weiser, can never be made better. Now a $68 million settlement has been proposed by their lawyers.

Singer and actress Kaye Stevens, most notable for going on tour with the Rat Pack, died Wednesday from breast cancer and blood clots at Villages Hospital in central Florida at the age of 79, according to reports. Close friend Gerry Schweitzer confirmed the death.

While many banks and businesses will be closed, most major retailers will have normal business hours on New Year's Eve and New Year's Day. What stores will be open on New Year's Eve and New Year's Day 2012? We take a look at Walmart, Kmart, Target, Best Buy, Toys R Us, Walgreens and many other popular stores.

Shaky economy notwithstanding, Americans intend to travel farther and spend more in 2012, according to a nationwide poll.

Basketball legend Michael Jordan is taking a chance on marriage again and has proposed to girlfriend of three years, Yvette Prieto. His publicist Estee Portnoy confirmed the news.

State and Federal lawmakers constantly proposed measures to restrict women's reproductive rights in 2011.

Lt. Col. Karl Trenker, a U.S. Marine veteran shot several times by a Craigslist buyer on Dec. 21, had to uses his fingers to plug his bullet wounds. Trenker said he knew he got shot, but what he didn't know was how many times.

It is unclear if Paul shares the homophobic views of some of his staff-members

Terry and Donna Claver have been married for nearly four decades, but a symbol of their love has been missing for 36 years. The Montana couple has found their long-lost engagement ring in an unlikely place, the toilet.

With the Iowa caucuses just five days away, a new poll shows Ron Paul and Mitt Romney in a statistical dead heat for first place and Rick Santorum, against all odds, in third place. Newt Gingrich, who held a wide lead last month, has fallen into fourth place.

A series of groundbreaking (and head-scratching) bills in states from Florida and Tennessee are set to become law on New Year's Day 2012. Here's everything you need to know, from aids for illegal immigrants and abortion restrictions to Utah's ban on Happy Hour and California's move for LGBT rights, and why you should care.