UNITED STATES

U.S. forces missed chance to get bin Laden in 2001

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The U.S. military could have captured or killed Osama bin Laden in 2001 if it had launched a concerted attack on his hideout in Afghanistan, according to a report prepared for the Senate Foreign Relations Committee.
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Holiday shoppers keen on deals, online spending up

A focus on bargains pulled U.S. shoppers into stores and onto websites over the Thanksgiving holiday weekend, but many said they would stick to their budgets and avoid purchases if they couldn't find a good deal.
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Bernanke-audit would hurt economic prospects

U.S. Federal Reserve Chairman Ben Bernanke said on Friday congressional proposals to audit the Fed and strip it of regulatory powers as part of post-crisis reforms could damage prospects for economic recovery and financial stability going forward.
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Audit would hurt economic prospects: Bernanke

Federal Reserve Chairman Ben Bernanke said on Friday congressional proposals to audit the Fed and strip it of regulatory powers as part of post-crisis reforms could damage prospects for economic and financial health in the future.
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Jobs data eyed, but Dubai is the wild card

Dubai, jobs data, Black Friday results and a chance for Congress to throw fireballs at Fed chief Ben Bernanke: The U.S. stock market's path to glory is fraught with peril next week.
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Black Friday sales seen strong, but will it last?

U.S. consumers turned out in strong numbers to hunt for holiday bargains on Black Friday, though many said they were spending selectively and industry executives questioned whether the momentum would last.
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Treasury and Fed delay Internet gambling ban 6 mos

The Treasury and Federal Reserve on Friday delayed the implementation date for a new Internet gambling payment ban for six months, a move that gives lawmakers time to overturn it or end confusion over illegal practices.
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Treasury, Fed delay Internet gambling ban 6 months

The U.S. Treasury and Federal Reserve on Friday delayed the implementation date for a new Internet gambling payment ban for six months, a move that gives lawmakers time to overturn it or end confusion over illegal practices.
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Pimco: Dubai triggers overdue correction in stocks

Rising fears of a possible debt default at a Dubai state-owned conglomerate is the catalyst for an overdue correction in equities and risk assets, the chief executive of top bond fund manager Pimco said in an interview on Friday.
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Banks, world leaders play down Dubai debt threat

World leaders expressed confidence in the global economic recovery on Friday despite fears about a debt default by Gulf emirate Dubai, while major banks played down their exposure to the debt.
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U.S. says world analyzing China's climate goals

The White House gave a mixed reaction on Friday to China's plans to cut its carbon intensity levels, welcoming the proposal but saying the world would watch whether Beijing kept its promises to tackle climate change.
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Media business at crossroads as deals pick up

The growing influence of the Web to distribute news, video and other content, combined with the lingering economic malaise, have left many media executives and investors uncertain about where to make their next bets.
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Oil falls 2.5 percent on Dubai default worries

Oil prices settled down more than 2 percent at about $76 a barrel on Friday as fears of possible defaults in Dubai convulsed financial markets and boosted safe-haven demand for the U.S. dollar.
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U.S. stocks drop, dollar gains on Dubai worry

Fears of a possible Dubai debt default rippled through markets for a second day on Friday, but the exodus from stocks and rush to the safe-haven U.S. dollar slowed as investors discounted contagion.
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Capital markets gear up for climate change

As the world wrangles over how to fight climate change, with national leaders to meet in Copenhagen early next month, capital markets are gearing up to handle the consequences if the effort fails.
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UK banks eclipse rivals on UAE loan exposure

British banks have far greater exposure to potential problem debts in the United Arab Emirates than rivals in France, the United States, Japan or anywhere else, loans data show, as worries mount about the region.
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Oil falls 2.6 percent on Dubai default worries

Oil prices dropped over 2 percent to nearly $76 a barrel on Friday as fears of possible defaults in Dubai convulsed financial markets and boosted safe-haven demand for the U.S. dollar.
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Stocks slide on Dubai worries

U.S. stocks fell more than 1 percent in a truncated session on Friday as a possible debt default by a Dubai state-owned conglomerate led to fresh concerns about the global financial system.

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