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Never-fail prediction system shows 2012 win for Obama

American University professor Allan Lichtman is on a winning streak spanning nearly three decades — one that President Barack Obama might have an interest in seeing Lichtman extend. Lichtman created a formula that has correctly predicted the winner of each election since 1984, beginning with the reelection of President Ronald…

Bank of America to sell China bank stake for $8.3 billion

CHARLOTTE, N.C./HONG KONG (Reuters) – Bank of America Corp is selling about half its stake in China Construction Bank for $8.3 billion, in its latest effort to shed assets and boost capital. A group of investors is buying 13.1 billion CCB shares from Bank of America, with the deal expected to close…

Consumer spending data lifts US stocks more than 2%

US stock markets rallied on Monday as upbeat data on consumer spending lifted hopes that economic growth would pick up speed, while Hurricane Irene caused less damage than feared. The Dow Jones Industrial Average was up 254.71 points (2.26 percent) to close at 11,539.25. The broader S&P 500 surged 33.28 points (2.83…

Cheney: We only waterboarded two or three people

Former Vice President Dick Cheney continued his media book tour on Tuesday morning, appearing on The Today Show to still support the decisions made in the Bush White House. Cheney, promoting his book In My Time, was asked by co-host Matt Lauer about the possible scenario of Iran waterboarding a…

Cheney: We only waterboarded two or three people

Former Vice President Dick Cheney continued his media book tour on Tuesday morning, appearing on The Today Show to still support the decisions made in the Bush White House. Cheney, promoting his book In My Time, was asked by co-host Matt Lauer about the possible scenario of Iran waterboarding a…

Beyonce pregnancy sets Twitter record

Twitter users fired off a record number of tweets per second following the announcement by pop diva Beyonce at the MTV Video Music Awards that she is expecting a baby. “Last night at 10:35 pm, Beyonce’s big MTV #VMA moment gave Twitter a record bump: 8,868 Tweets per second,” the…

Strauss-Kahn apologizes to IMF staff: witness

Former International Monetary Fund chief Dominique Strauss-Kahn apologized to staff at the Washington-based lender, a witness said, after sexual assault charges against him were dropped. Strauss-Kahn told staff he had come to “apologize to those who have been hurt” by the scandal, and said he was sorry the sensational case…

Unethical US research killed 83 in Guatemala: panel

At least 83 people died as human guinea pigs in macabre US research on sexually transmitted diseases in Guatemala in the 1940s, a commission ordered by President Barack Obama concluded. Nearly 5,500 people were subjected to diagnostic testing and more than 1,300 were exposed to venereal diseases by human contact…

US Muslims ‘happy with life despite discrimination’

US Muslims are far more satisfied with the direction of their country than most Americans even though nearly half of them have faced discrimination and prejudice in the past year, a poll found Tuesday. The survey was conducted ahead of the 10th anniversary of the September 11 attacks and aimed…

Texas polygamist Warren Jeffs seriously ill

LOS ANGELES — Warren Jeffs, the jailed leader of a US polygamist sect, was in critical condition at a Texas hospital, The Los Angeles Times reported Monday. Jeffs, 55, was sentenced to life in prison earlier this month for his “spiritual marriage” to two young girls, and after police seized…

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