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Europe holds the key to the current risk asset rally, according to experts

Stocks, Euro Gain on Hopes of Debt Deal

European index futures rose on Monday, following small gains for Asian shares, and the euro firmed 1 cent after the leaders of France and Germany pledged to unveil a plan to solve the euro zone's sovereign debt crisis by the end of the month.
U.S. Housing Sector

Home Prices: 5 Questions You Must Ask Before Buying a U.S. Home

Incredibly, U.S. home mortgage rates continue to trend lower -- the average 30-year, fixed rate is now 4.07 percent, and they could drop even lower. Still, given soft home prices, jumping into the housing market is hardly a slam-dunk no-brainer, and here are five factors to consider before buying a home.
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Solyndra Loan: Treasury Department Had Cautioned Energy Department

A top U.S. Treasury Department official cautioned counterparts at the Energy Department that their plan to help a failing solar-power company, Solyndra LLC, by restructuring its $535 million federal loan could violate the law and should be cleared with the Justice Department.
Tutu

S.Africa's Tutu fetes 80th birthday amid controversy

South African peace icon Archbishop Desmond Tutu celebrated his 80th birthday on Friday in the church where he preached against apartheid, just a few days after saying the former liberation movement now in government was in some ways even worse.
Sprint CEO Dan Hesse

Will Sprint's Apple iPhone Gamble Pay Off?

Sprint has already committed to purchasing 30.5 million iPhones over 4 years, which is estimated to cost $20 billion at current rates. The decision could reap rewards for the struggling carrier, or could have devastating consequences.
Traders work on the floor of the New York Stock Exchange

Wall Street Flat after 3-Day Rally

Stocks were little changed on Friday following a three-day rally after more jobs were created than expected in September, helping to ease concerns the economy was heading back into recession.
RBS

Moody’s Downgrades 12 British Banks

Moody’s believes that the UK government will “more likely now … allow smaller institutions to fail if they become financially troubled.” Shares of RBS and Lloyds were down as much as 3.5 percent in London trading.
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Oracle Announces Roadmap for Java

Oracle has announced JavaFX 2.0 and its plans to move Java forward and continue investment in mobile platforms such as Java ME and Oracle Application Development Framework (ADF) Mobile in the OpenWorld conference.
Newly sworn Gov. Jerry Brown of California. Consumer advocates are urging Brown to push for tighter health insurer regulation.

California law fights regulation with regulation

In an odd twist, California business groups applauded Governor Jerry Brown for signing legislation on Thursday to create a new layer of government regulation they say will lessen the burdens imposed by future regulations.

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