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    Last update: December 22, 2009

    +Suddenly, Inflation Isn't The Market's Bogeyman
      The good news is that inflation is less of a worry. The bad news is that economic growth is more of one.  The change in perception comes as investors prepare for key inflation data this week.  More Americans Expect Recession

    +Pending Home Sales Rose Unexpectedly in September
      Pending home sales rose unexpectedly in September from the month before but were still far lower than a year ago, data from a real estate trade group showed

    +Turmoil at Citigroup Fuels Speculation of Breakup
      While Citigroup  searches for a new CEO, there is growing speculation that the troubled financial services conglomerate may finally be broken up.

    +Wal-Mart Surprises with Strong Profit, Sales
      Wal-Mart Stores Tuesday reported a higher-than-expected 8 percent rise in quarterly profit, helped by tighter control on expenses and efforts to draw customers into its U.S. stores earlier than ever for holiday shopping.

    +What Weak Dollar? More Americans Trek to Europe
      Many Americans are opting for French foie gras instead of a traditional Turkey drumstick this Thanksgiving holiday, even if the dollar doesn't go as far in Europe these days.

    +BofA Will Take $3 Billion Debt Writedown
      Bank of America, the second-largest U.S. bank, said on Tuesday it expects to write down $3 billion of debt in the fourth quarter, as fallout from the nation's housing slump deepens.

    +The Buzz at Merrill: It's Decision Time For Fink
      A look at who's next at Merrill, with CNBC's Charlie Gasparino

    +Buffett Could Reap Gains From Credit Market Turmoil
      Today's Wall Street Journal Heard on the Street column quotes some unnamed "people familiar with the matter" as saying Warren Buffett's Berkshire Hathaway could make big profits by throwing a "lifeline" to bond insurers hurt by excessive fears over credit market losses.

    +Goldman Sachs Not Expecting Big Writedowns
      Goldman Sachs Group does not expect to take any significant asset write-downs, the company's chief executive said at a conference Tuesday.

    +Apple, China Mobile in Talks to Take iPhone to China
      China Mobile is in talks with Apple about bringing the iPhone to China, but no agreement has been reached yet, the telecom's chief executive said Tuesday.

    +CNBC.com News Now: Top Business Headlines
      The hour's top business headlines, with CNBC's Darby Dunn

    +Weak Dollar Won't Spark Treasurys Exodus
      The dollar’s steep decline has dented overseas demand for U.S. securities, but a dramatic exodus from dollar assets is unlikely, analysts say.

    +Retail Sales Slowed Just Before Holiday Season
      Mild weather last month made  buying winter clothing a low priority for U.S. shoppers, which restrained retail sales growth, a report showed.

    +Home Depot Posts Lower Profit and Cuts Outlook
      Top home improvement retailer Home Depot posted a 27 percent drop in third-quarter profit and forecast a steeper fall in full-year earnings as the slumping U.S. housing market cut into sales and it lost market share.

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