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Michael Jackson beats out Sarah Palin as most searched term in 2009

Michael Jackson's surprising death made him the most searched term online in 2009. Michael Jackson is the only search term to appear on all three (Google, Bing and Yahoo) search engine's top 10 lists, and at the top of the three lists. On Yahoo, it ended singer Britney Spears' four-year reign as the most searched term.

Dow hits 14-month high on data, dollar and Dubai

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The Dow Jones industrial average climbed to its highest close in 14 months on Tuesday as a weak dollar boosted natural resource companies' shares and economic data reinforced hopes for a sustainable recovery.

U.S. auto sales edge up, led by Hyundai boom

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U.S. auto sales edged higher in November, led by an outsized gain for Hyundai Motor Co and mixed results for rivals in a trend automakers said pointed to a grudging recovery in the U.S. economy.
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Daily Forecast - 2/12/2009

The RBA increased interest rates by 0.25% for the third consecutive month taking the official cash rate to 3.75% in a move that surprised some sections of the market.
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Fed's Plosser: Timely withdrawal of stimulus crucial

The Federal Reserve must be prepared to raise interest rates if necessary before the jobless rate has fallen to acceptable levels, or risk losing its inflation-fighting credibility, a senior Fed official said on Tuesday.
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GM sales fall 2.2 percent in November

General Motors Co posted a 2.2 percent drop in U.S. sales in November from a year earlier, weighed down by brands it plans to divest or close, and said it would raise production in North America by about 75 percent in the first quarter.
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November sales to shed light on holiday start

When U.S. retail chains report November sales this week, investors will learn whether they have gone far enough to protect profits against a weak start to the holiday shopping season.
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EPA delays action on more ethanol in gasoline

Newer American cars will likely be able to handle higher ethanol blends in their gasoline but the decision to approve an industry request to change the fuel mix will have to await final testing next year, the U.S. Environmental Protection Agency said on Tuesday.
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Coal concerns lead US climate bill challenges

For anyone trying to understand why the United States is having such a hard time joining an international effort to combat global warming, a short drive west from Washington to one of the smaller states in the country might explain a lot.
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Nick Jonas solo tour dates announced

The tour -which starts January 2, 2010 in Dallas - will feature the songs from Nick Jonas & The Administration's Who I Am album due out on February 2. Their first single is schedule for release tomorrow.
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EU carbon futures rise as oil firms

The benchmark contract for European Union carbon emissions futures rose two percent on Tuesday after a fairly steady morning's trade as oil prices firmed, traders said.
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Suicide bomber kills Pakistan parliamentarian

A teenage suicide bomber killed an anti-Taliban provincial lawmaker in northwest Pakistan on Tuesday after walking into the official's house along with guests and blowing himself up.
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Barclays gets extra boost from $15.2 bln BGI deal

Barclays completed the sale of its asset management arm to U.S. fund manager BlackRock on Tuesday for $15.2 billion, or $1.7 billion more than when it struck the deal in June after a jump in BlackRock's share price.
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Housing data and weaker dollar lift markets

Stocks gained on Tuesday as a weak dollar lifted commodity prices and home sales data reassured investors about the state of the housing market, considered one of the biggest drags on a recovery.
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Senators urge renegotiation of U.S. trade deals

A group of U.S. senators urged President Barack Obama Monday to back legislation requiring the renegotiation of the North American Free Trade Agreement and a long list of other trade pacts they blame for millions of lost U.S. manufacturing jobs.
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World carbon emissions overshoot budget: PwC

The world has emitted extra greenhouse gases this century equivalent to the annual totals of China and the United States above a maximum for avoiding the worst of climate change, a study estimated Tuesday.

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