Dec
27

Home Prices Hit a Milestone

Home prices are on track to notch their first yearly gain since 2006, the strongest performance since the housing bust and a development that could accelerate the real-estate rebound even as the broader economy stutters.The housing market’s revival has had several false dawns in recent years, but a recovery that began in the spring has strengthened throughout the summer and fall. The latest confirmation...
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Wall Street flat as "fiscal cliff" talks eyed

To a black ESPN sports analyst, this is the critical question: Is Robert Griffin III, aka RG III, the black rookie sensation Washington Redskins quarterback, "a brother, or is he a cornball brother?" What has RG III done or said to raise a suspicion about his bona fides as a black person? More importantly, what does this have to do with appreciating — or choosing not to appreciate — Griffin as an...
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Peyton Manning, Peterson make Pro Bowl

NEW YORK (AP) — Peyton Manning and Adrian Peterson want to cap their sensational comebacks with Super Bowl appearances. For now, they can be proud of Pro Bowl spots.So can Redskins quarterback Robert Griffin III, one of two rookies chosen Wednesday for the Jan. 27 NFL all-star game.Manning missed all of the 2011 season with neck and back problems that required several operations. He then signed with...
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Dec
26

Climate change: No consensus needed

Lake Cachet II in Aysen, Chilean Patagonia, disappeared because of rising temperatures driven by climate change, experts say.STORY HIGHLIGHTSTseming Yang: Result of Doha climate change conference less than desirableYang: It's time to abandon the myth that a consensus solution is the best approach He says the 25 major carbon emitters should work out an agreement among themselvesYang: Smaller, focused...
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Britain’s royal family attends Christmas services

LONDON (AP) — Britain‘s royal family is attending Christmas Day church services — with a few notable absences.Wearing a turquoise coat and matching hat, Queen Elizabeth II arrived at St. Mary Magdelene Church on her sprawling Sandringham estate in Norfolk. She was accompanied in a Bentley by granddaughters Beatrice and Eugenie.Her husband, Prince Philip, walked from the house to the church with other...
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Stock futures edge higher ahead of “cliff” talk resumption

NEW YORK (Reuters) – Stock index futures edged higher on Wednesday, indicating the S&P 500 may stem its worst two-day drop since mid-November, ahead of the resumption of “fiscal cliff” negotiations.U.S. President Barack Obama is cutting short his Hawaiian holiday to leave for Washington on Wednesday to address the unfinished negotiations with Congress.Obama is due to arrive in Washington on Thursday...
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Shoppers disappoint retailers this holiday season

WASHINGTON (AP) — U.S. shoppers spent cautiously this holiday season, a disappointment for retailers who slashed prices to lure people into stores and now must hope for a post-Christmas burst of spending.Sales of electronics, clothing, jewelry and home goods in the two months before Christmas increased 0.7 percent compared with last year, according to the MasterCard Advisors SpendingPulse report.That...
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Wall Street inches up as Obama to return to "cliff'"debate

NEW YORK (Reuters) - Stocks edged higher on Wednesday as President Barack Obama cut short his vacation and readied to return to Washington a day ahead of last-minute talks to avert a series of tax increases and government spending cuts set to begin next week. The Dow Jones industrial average <.dji> gained 22.33 points, or 0.17 percent, to 13,161.41. The Standard & Poor's 500...
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James leads Heat over Thunder in Finals rematch

MIAMI (AP) — Kevin Durant and Russell Westbrook combined to score 54 points, more than any set of teammates had managed in a game against Miami all season.Oklahoma City needed them to score at least three more.That didn't happen, and an NBA Finals rematch went just as last year's title series did — to the Heat.LeBron James had 29 points, nine assists and eight rebounds, Dwyane Wade scored 21, and...
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Dec
25

Six political lessons of 2012

2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The year in pictures2012: The...
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