WORLD

Ottawa to rethink federal regulator plan

Ottawa to rethink federal regulator plan
Canada's top court derailed government plans to consolidate a patchwork system of provincial securities regulators on Thursday, ruling that proposed federal legislation violated provincial rights and forcing the government back to the drawing board.
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Mayor Michael Bloomberg

NYC Mayor's Race 2013: What 2012 Could Bring [SLIDESHOW]

Though Election Day 2013 is still far away, it's the first time the city will have a new top dog in 12 years, so the mayoral race will get intense early, bringing out all the political dreamers who were unable to get into Gracie Mansion over the past generation.
Mayor Michael Bloomberg

NYC Mayor's Race 2013: What 2012 Could Bring [SLIDESHOW]

Though Election Day 2013 is still far away, it's the first time the city will have a new top dog in 12 years, so the mayoral race will get intense early, bringing out all the political dreamers who were unable to get into Gracie Mansion over the past generation.
Oil

U.S. - A Paradigm Shift Away from Energy Independence

A paradigm shift regarding U.S. energy policy on oil has to occur. No, it won’t occur given the current make-up of the U.S. Congress, but eventually, for energy independence reasons, a paradigm shift is mandatory.
U.S. Payroll Tax Reduction Extention

McConnell Asks House to Pass Payroll Tax Bill While Deal Is Ironed Out

Senate Minority Leader Mitch McConnell, R-Ken., finally broke his silence and suggested the House pass the extension of the payroll tax cut, which has been languishing on Capitol Hill since the Senate approved it on Saturday, while Senate Democrats contribute to a conference committee aimed at ironing out a long term deal.
Livery Cab Deal is Done

Cuomo Signs Livery Cab Bill

Done deal. Both Governor Andrew Cuomo and Mayer Michael Bloomberg have signed a controversial bill that will allow livery cabs to pick up passengers off the street throughout the five boroughs. Bloomberg alluded to the coming deal in a press conference on Wednesday where he celebrated the 50 millionth tourists to visit New York City.
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Ron Paul 2012: the Real Anti-Obama Candidate

Ron Paul's 2012 run represents the best anti-Obama hope America has. Paul and Mitt Romney polled the best against President Barack Obama in a recent CNN / ORC poll. Paul polled best against Obama in an earlier NBC News / Marist Poll.

China dissident faces Friday trial for online essays

Chinese writer Chen Wei faces trial on Friday accused of inciting subversion for online essays advocating democracy, in the latest aftershock of a drive against dissent earlier this year, his wife and defense lawyer said.

Jobless Claims Drop to Lowest Since April 2008; U.S. Debt-to-GDP Passes 100%

The number of Americans filing for first-time unemployment benefits continued to decline last week, even after dropping to a three-and-a-half year low in the previous week. The figure is still below a key threshold for gauging the job market, a sign that the labor market is gaining strength heading into 2012.
Occupy Wall Street

2011 In Review: Occupy Wall Street Timeline

Occupy Wall Street registers as one of the biggest surprises of 2011. Despite constant criticisms that it lacked a concrete set of goals or demands, Occupy Wall Street's broad critique of economic injustice resonated with a country still grappling with the fallout from the financial crisis. A timeline of the movement.
Traders work on the floor of the New York Stock Exchange

Top 10 Market Predictions for 2012

The fact is everyone in the financial services or wealth management business has thought about what they feel the markets will do next year. Following are the 10 market predictions for 2012 from Oliver Pursche, co-portfolio manager of GMG Defensive Beta Fund.

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