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Why campaign spending rules hurt small business
(CNN)– Two years ago, the Supreme Court upended the rules for campaign finance, unleashing a tsunami of unregulated, unrestricted and undisclosed spending that has, in effect, allowed donors to buy elections. The full impact of this decision is …

Did the oldest tree east of the Mississippi spontaneously combust?
The famous Florida tourist attraction burned down, but experts are at a loss to explain how “The Big Tree,” the oldest tree east of the Mississippi, was reduced to little more than a pile of ash this week. But unlike most forest fires, this tree burned …

Consumer sentiment perks up while trade gap widens
NEW YORK (Reuters) - Consumer sentiment hit an eight-month high in early January as Americans grew more optimistic about job prospects, a survey released on Friday showed. Separate data released earlier showed the U.S. trade deficit widened in …

Perry pleads for second look in South Carolina
ANDERSON, South Carolina (Reuters) - After rejection in Iowa and surrender in New Hampshire, Republican Rick Perry has pinned his fading presidential hopes on a long-shot resurrection in deeply conservative South Carolina. But Perry, the Texas …

PG Eric Maynor out for season
OKLAHOMA CITY — Oklahoma City Thunder backup point guard Eric Maynor will miss the rest of the season after tearing the anterior cruciate ligament in his right knee. General manager Sam Presti said tests Sunday morning revealed that Maynor had …

Luis Enrique confident Daniele De Rossi will stay at Roma
Despite the mounting speculation surrounding the midfielder’s future, the 41-year-old expressed his belief he will remain with the Giallorossi, and is certain that a new contract will be thrashed out in the near future. “In my opinion, [De Rossi …

Close to End of Presidency, Medvedev Urges Reforms
The proposals, which included a return to the direct election of governors, increased oversight of expenditures by officials and the creation of an independent television station, were clearly meant to address some of the main complaints of a …

Two-Month Deal on Tax Cut Caps Gridlock Year for Obama, Congress
Dec. 18 (Bloomberg) — President Barack Obama said he was very pleased with a deal set for final congressional approval as soon as tomorrow to extend a payroll tax cut and long-term unemployment benefits through February rather than allow …

Fitch Downgrades Goldman, BAC, MS and Others
Fitch Ratings downgraded its ratings on eight banks after the market closed today, citing overall challenges to the sector. The banks were singled out because the agency considers them particularly sensitive to the increased challenges the …