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Politico - “He keeps treating this country like a fire hydrant,” says the former presidential candidate.

AP - The Justice Department is investigating a handful of apparently anti-Muslim incidents in four states, including the stabbing of a Muslim cab driver in New York City.

AFP - The toll from the heaviest rains in living memory in Guatemala and Mexico rose Tuesday above 50, as Guatemalan officials called off the search for 15 more corpses because of safety fears.

AP - Palestinian President Mahmoud Abbas said he has asked the U.S. to settle a dispute with Israel over settlement expansion that is threatening to derail Mideast peace talks.

AP - President Barack Obama's proposed tax breaks for business sound like ideas that have enjoyed broad Republican backing in the past. But in today's toxic political atmosphere, he's unlikely to get much — if any — GOP help.

McClatchy Newspapers - FREDERICA, Del. — Conservative Republicans around the country are using cap and trade — a way to limit global-warming pollution — as a political weapon to attack GOP moderates as well as Democrats.

Obviously we all are aware that there's still a great deal of trouble in Europe: Austerity is leading to civil unrest and the currency is under pressure. Dislocations within the region’s economic positions are tearing at the fabric of a good idea gone bad: Namely a single currency over many countries.The opportunity to take a short position with so much going wrong has been very appealing. Think of it this way: You stand to win if the euro moves lower and if equities move lower. With all of the apparent difficulties that the banks will have under Basel III:From Reuters.com:

Time.com - There are still 60 days to go before Election Day but the smart money -- lots of it -- is on the GOP winning very, very big

When Apple (AAPL) gaps higher at the open without a trader on board do traders know where to look for other names that might move in unison with Apple? Is your first instinct to look to other entertainment names or perhaps other mega caps? Maybe you freeze and have no idea where to look for similar names that have yet to run. As traders we need to be able to recall vast amounts of information at a moment’s notice and be nimble enough to enter a similar stock on a moment’s notice. Some people call these sympathy or sector plays.

Reuters - A U.S. government team will travel to Seoul, Tokyo and Beijing next week to discuss North Korea but has no plans to visit the poor, isolated state or meet its officials, the State Department said Tuesday.

Fed Up With FoodThe most enticing item on my bear menu is in the casual-restaurant sector specifically within the casual dining space. While the industry is still struggling from a weak economy and trying to sop up the oversaturation that occurred in the private-equity/real-estate bubble of the past decade several stocks are reclaiming rich valuations that look unsustainable.The recent news that Burger King (BKC) will be acquired by private equity firm 3G for some $3.3 billion a 24% premium to pre-deal prices has sparked a rally across the sector. Darden (DRI) which runs Red Lobster and Olive Garden among others

CQPolitics.com - After a trying Labor Day weekend in which the overarching storyline was House Democrats' increasingly gloomy prospects for holding the majority, the Democratic Congressional Campaign Committee pushed back Tuesday by releasing a roundup of polling that showed the party in good standing in roughly a dozen competitive Democrat-held districts.

Novartis (NVS) may have dodged a bullet last year when the Big Pharma decided to opt out of investing in Idenix Pharmaceuticals’ (IDIX) hepatitis C drug IDX184. The smaller biotech announced on Tuesday that the FDA had verbally informed it that it should halt study of its two HCV compounds IDX184 and IDX320 due to three adverse events that had cropped up during a combination study of the two drugs.“We have not yet received a formal letter from the FDA nor has the Agency had an opportunity to review the safety and efficacy data from recently completed clinical trials with

Reuters - The United States does not plan to contribute to a NATO request for 2,000 troops for the Afghan war, the Pentagon said on Tuesday, even as the head of the alliance held out the possibility of U.S. participation.

Editor's Note: This is Part 1 of a two-part series in which John Mauldin provides readers with a preview to a final chapter in his forthcoming book The End Game co-authored by Jonathan Tepper. It is excerpted from his weekly newsletter Thoughts From the Frontline which can be found here. Look for Part 2 to follow tomorrow. I’m desperately trying to finish the first draft of my book and am one chapter away from having that draft. But this will be part of what will probably be the fourth or fifth chapter where we look at the rules of economics.

AP - Chicago Mayor Richard Daley says he's not running for re-election after more than 20 years in office.

AP - U.S. smoking rates continue to hold steady, at about one in five adults lighting up regularly, frustrated health officials reported Tuesday.

Reuters - An explosion ripped through a major Mexican refinery on Tuesday, killing one worker and pushing gasoline prices higher on market talk that Mexico's state oil company Pemex might have to import more fuel.

Reuters - Tropical Storm Hermine barely maintained its tropical storm status on Tuesday as 40 mile per hour winds kept lashing south Texas and the storm moved further inland about 15 miles south-southeast of San Antonio, Texas, the National Hurricane Center said.

Editor's Note: This content was originally published on Benzinga.com.For all the fanfare that emerging markets ETFs get there are still a few that fly under the radar. One such example is an interesting play the PowerShares DWA Emerging Markets Technical Leaders ETF (PIE).Nearly three years old PIE tracks the Dorsey Wright Emerging Markets Technical Leaders Index which follows about 100 stocks.About half of PIE's allocation is to large caps and mid caps get about 40% of the ETF's weight with the rest going to small caps.Explaining why PIE doesn't grab a lot of press is difficult. After all the volume