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‘Cyber Monday’ sizzles with online shopping

SAN FRANCISCO — US shoppers were on pace to drive “Cyber Monday” sales to a new record high as people flocked the Internet to snap up deals offered by online retailers. By mid-afternoon in New York, IBM Benchmark reported that online sales on the Monday after the Thanksgiving holiday were…

Senate faces key vote on indefinite detention

WASHINGTON — The polarized US Senate pressed ahead Monday towards a key mid-week vote on a sweeping military spending bill that has drawn a White House veto threat over new rules on detention of suspected terrorists. Democratic Senate Majority Leader Harry Reid set up a midday Wednesday procedural vote to…

White House shooter declared fit to stand trial

WASHINGTON — A man charged with attempting to assassinate US President Barack Obama by firing an assault rifle at the White House has been declared fit to stand trial, but the government Monday called for more tests and a full competency hearing. Oscar Ortega-Hernandez, 21, who allegedly called Obama the…

Cain breaks the news that another accuser is coming forward

Republican presidential candidate Herman Cain on Monday preemptively denied having a 13-year-long affair with Atlanta woman Ginger White. Before an Atlanta FOX affiliate’s report was even able to air the allegations, Cain appeared on CNN to claim the accusations were false. “This individual’s going to accuse me of an affair…

U.S. new-home sales edge up in October

WASHINGTON — Sales of new homes in the United States edged up in October, but not enough to curb the steady fall in prices, Commerce Department data showed Monday. New homes sold at a pace of 307,000 a year, compared to 303,000 in September and 282,000 a year earlier. But…

Judge rejects Citigroup deal with SEC

NEW YORK — A US judge Monday rejected a $285 million settlement Citigroup made with US regulators over its marketing of mortgage securities that quickly went sour, saying the bank was getting off lightly. New York federal court judge Jed Rakoff scolded the Securities and Exchange Commission for agreeing to…

Civil rights groups uneasy about tea party election-monitoring effort

An election-monitoring campaign spearheaded by the King Street Patriots, a local tea party group based in Houston, has civil rights groups worried about voter intimidation during the 2012 elections. “They’re trying to put in place a solution for a problem that doesn’t exist,” Judith Browne-Dianis, co-director of the Advancement Project,…

With Frank’s retirement, Dem leadership on banking committee in question

With Monday’s surprise announcement that Rep. Barney Frank (D-MA) will retire next year, Washington is abuzz about who could be tapped to replace him on the powerful House Financial Services Committee, better known as the banking committee. That’s especially the case due to his slated successor’s interesting history handling matters…

Brownback: ‘I apologize’ to teen who says I suck

A Kansas teen, who sent out a tweet critical of Gov. Sam Brownback (R-KS), not only won’t be punished, she’s also getting an apology directly from the governor. “My staff over-reacted to this tweet, and for that, I apologize,” Brownback said in a statement. “Freedom of speech is among our…

Frank slams Gingrich: ‘I will neither be a lobbyist, nor a historian’

On Monday, Rep. Barney Frank (D-MA) announced he is retiring, which frees him up for one of his favorite pastimes: taking not-so-subtle jabs at Republican presidential candidate Newt Gingrich. At his retirement announcement, Frank declared that he would “neither be a lobbyist, nor a historian.” The comment was an obvious…

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