Drones soar past their military uses

Unmanned flying machines aren't just for tracking down bad guys anymore. (Fortune) -- The word "drone" probably doesn't make you think "fun" or even "useful." After all, the most familiar unmanned aerial vehicle (UAV) is the hulking, weaponized, and...

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Europe's jobless lines keep growing

Unemployment in Europe hits a new peak, and worse may be to come LONDON (CNNMoney) -- Unemployment in the eurozone hit a new peak in October, underlining the misery facing millions of households suffering the effects of a recession that could last...

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Consumer spending drops as income stalls

NEW YORK (CNNMoney) -- Consumers spent less in October, as income growth stalled. The Commerce Department reported Friday that consumer spending fell 0.2% after an 0.8% jump in September. It was the first decline in spending since May. Personal income...

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Do Not Track is dying

Like most browsers, Firefox includes a Do Not Track feature. But until an agreement is reached between advertisers and privacy advocates, the feature will have no effect. NEW YORK (CNNMoney) -- The tantalizing promise of a single button that prevents...

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Make your charitable giving go further

Not knowing how their money will be spent causes some people to hold back from giving to charities. (Money Magazine) -- Most of us feel generous in December, the top month for charitable donations, reports the Atlas of Giving. But regardless of when...

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Drones soar past their military uses

Unmanned flying machines aren't just for tracking down bad guys anymore. (Fortune) -- The word "drone" probably doesn't make you think "fun" or even "useful." After all, the most familiar unmanned aerial vehicle (UAV) is the hulking, weaponized, and...

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Jobless claims decline as Sandy impact wanes

NEW YORK (CNNMoney) -- The number of people filing for unemployment benefits for the first time declined last week, a sign that the impact of Hurricane Sandy on jobs is starting to wane. The Labor Department reported that 393,000 filed for initial jobless...

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Holy car auction Batman! Original Batmobile for sale

NEW YORK (CNNMoney) -- The Batmobile used in the 1960s Batman TV series is expected to go up for auction in January, the Barrett Jackson auto auction house said Thursday. The car could sell for millions, said Craig Jackson, chief executive of the auction...

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U.S. economy grew 2.7% in third quarter

NEW YORK (CNNMoney) -- The U.S. economy grew faster than previously reported in the third quarter, as businesses built up their inventories and international trade was stronger than expected. Gross domestic product, the broadest measure of the nation's...

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Why 'cheap' stocks aren't always good

The price you pay matters -- pay attention to stock valuations. Cheap isn't always a good buy. NEW YORK (Money Magazine) -- Remember in the late '90s when Wall Street was so fixated on earnings growth that highfliers like Cisco Systems were coveted...

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AT&T has best 4G network in Consumer Reports' rankings

AT&T's 4G network is smaller than Verizon's, but its 4G service is the smoothest, according to Consumer Reports. NEW YORK (CNNMoney) -- The overall rankings didn't change, but AT&T scored a surprising coup in the annual Consumer Reports survey...

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British banks may need more capital

The Bank of England orders immediate review of capital levels at British banks LONDON (CNNMoney) -- British banks may not have enough capital to absorb future losses while supporting growth in the economy, the Bank of England warned Thursday. The...

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What is 'Fix the Debt?'

Alan Simpson and Erskine Bowles founded Fix the Debt, and Honeywell CEO David Cote has lent his support to the effort. NEW YORK (CNNMoney) -- The election may be over. But there's a "Campaign to Fix the Debt" backed by millions of dollars that's well...

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Spanish bank bailout gets go-ahead

Bankia is one of four Spanish banks to get the green light for a eurozone bailout LONDON (CNNMoney) -- The European Commission has approved Spain's plans to restructure four of its weakest banks, clearing the way for them to receive nearly €37 billion...

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Costco special dividend to beat fiscal cliff

Costco will pay $3 billion in a special dividend next month. NEW YORK (CNNMoney) -- Costco Wholesale, the warehouse merchant, announced Wednesday that it will pay a special $3 billion dividend before year's end, saving shareholders from a big bite...

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Bellator: Bjorn Rebney's fight club

Bellator's founder Bjorn Rebney (Fortune) -- What does sports law have to do with cage fighting? Not a whole lot -- but for Bjorn Rebney, one was his job, the other his passion. Rebney, 46, went to Ohio University on a football scholarship, then...

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Hawaii: No paradise for the megabanks

For the nation's 10 biggest banks, Hawaii is no paradise. NEW YORK (CNNMoney) -- The sunshine and gorgeous beaches of Hawaii may attract millions of tourists to its islands every year, but the nation's largest banks steer clear of the state. While...

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What is 'Fix the Debt?'

Alan Simpson and Erskine Bowles founded Fix the Debt, and Honeywell CEO David Cote has lent his support to the effort. NEW YORK (CNNMoney) -- The election may be over. But there's a "Campaign to Fix the Debt" backed by millions of dollars that's well...

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Companies speeding up dividend payments

Wal-Mart announced recently that it would pay out its fourth-quarter dividend early to help ease investors' worries about the fiscal cliff. NEW YORK (CNNMoney) -- While investors brace for higher tax rates on dividend payments next year, a few companies...

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Independent farms rake in millions

Some 50,000 farms bring in over a million dollars a year, thanks largely to their size. Smaller farms, on the other hand, are struggling. NEW YORK (CNNMoney) -- The American farmer might not be as poor as you think. Despite the common notion that...

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Home prices: Biggest rise in more than 2 years

Home prices are up for the 2nd straight quarter, the biggest year-over-year increase in more than two years. NEW YORK (CNNMoney) -- In another sign of a housing market rebound, home prices posted the biggest percentage gain in more than two years...

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Why old media stocks are on top today

Stocks of traditional news and entertainment companies are besting new media upstarts. NEW YORK (Money Magazine) -- Big media companies were supposed to die outright along with the old tube TV set. At least that was the thinking a few years ago as...

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Adam Bain: Twitter's adman delivers

Adam Bain at Twitter's San Francisco headquarters (Fortune) -- Moments after Vice President Joe Biden called Paul Ryan's foreign-policy comments "a bunch of malarkey" during the Oct. 11 vice presidential debate, the Obama campaign bid on the trending...

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Stocks: Choppy trading ahead

Click on chart for more premarket data. NEW YORK (CNNMoney) -- Stocks could get a lift from the latest deal aimed at fixing Europe's debt crisis, although that could be offset by contentious fiscal cliff negotiations in Washington. U.S. stock futures...

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UBS fined over rogue trading case

British regulators have fined UBS nearly $50 million due to the actions of a rogue trader. Swiss authorities are reviewing the investment bank's capital base LONDON (CNNMoney) -- British regulators have fined UBS nearly $50 million, and Switzerland...

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8 things that could kill a fiscal cliff deal

Lawmakers will probably compromise on the fiscal cliff before Christmas. But if they do, it won't come easily. WASHINGTON (CNNMoney) -- Pete Davis is president of Davis Capital Investment Ideas. He worked for Democrats and Republicans on Capitol Hill,...

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Buffett renews argument for millionaire's tax

NEW YORK (CNNMoney) -- Warren Buffett is again arguing for higher taxes on himself and other high-income individuals, calling for an even steeper bite than in the Obama administration's so-called "Buffett Rule." In an op-ed column in Monday's New York...

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