POLITICS: Cain Accused of Sexual Harassment When Herman Cain was head of the National Restaurant Association (NRA), he was accused of sexual harassment by at least two women. In the past few days, the Cain campaign hasn't been entirely clear on the circumstances. Now, Cain admits that there was a settlement between the NRA and the two women. Cain continues to deny these sexual harassment allegations. Read More: Politico | SF Gate | Reuters | Los Angeles Times | Politico
ENTERTAINMENT: Kim Kardashian Gets Divorse After being married for 72 days, Kim Kardashian announced that her marriage with basketball player Kris Humphries has come to an end. Kim says the divorce was based on "intuition", knowing that things would not work out. She has been criticized for not giving the marriage a chance. In response, Rob Delaney, a comedian, is now suing Kim, Ryan Seacrest, E! and Comcast. E! is the network that featured Kim's wedding and received its highest number of viewers that day. Read More: TMZ | LA Weekly | Wall Street Journal | MTV
ECONOMY: Bernanke Says Further Mortgage Bond Purchases are an Option The Federal Reserve is not taking any actions at the time, however it is lowering its expectations of the recovery from the economic crisis of 2008. Bernanke has stated that further purchasing mortgage securities are a “viable option”. Presidential Candidate Ron Paul has stated that the Fed is still in Quantitative Easing because it has guaranteed interest rates to remain at near zero rates. Read More: CNBC | Bloomberg Business Week | New York Times | The Economic Times
DOMESTIC: Northeast Faces Loss of Electricity After Storm One Million people were left without power after the latest storm facing the Northeast. While the amount of snowfall was not great, it caused a lot of trees to fall. Snow does not usually fall this early and since trees still have their leaves, the excess weight caused many to fall on power lines. Read More: Reuters | USA Today | Wall Street Journal | MSNBC
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