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AP - A car bomb ripped through a police compound in a northwestern Pakistani city on Tuesday, killing 11 women and children and one officer, the latest in a string of attacks proving that Islamist militants remain a potent force in the country.

Editor's Note: The following article was written by Raymond James Chief Investment Strategist Jeff Saut.Mr. Market? On the eve of the signing of the Revenue Act of 1951 which lifted the top marginal rate to 91% from 84.4% George B. Haynes of Evanston Illinois wrote a letter to the editor of Barron’s excoriating the Truman administration. "I am a bear on America for at least the next 10 years " Haynes declared. "The financial ignorance and recklessness of Congress and the administration the willingness to sacrifice the country to continue the Democratic Party in power the enormous Federal debt the

The Atlantic Wire - The political world was caught off-guard Tuesday by Richard Daley's announcement that he would not seek a fourth term as Chicago mayor. If Daley's out, who's in? What about White House Chief of Staff Rahm Emanuel, who told interviewer Charlie Rose earlier this year that the mayor's office "has always been an aspiration of mine"? On Twitter, users weighed in on a potential Emanuel candidacy, and even suggested a few alternatives:

Editor's Note: This article was written by Keith Jurow who currently writes about overlooked aspects of the housing debacle. This piece was originally posted on Real Estate Channel. In a previous article I discussed the madness of borrowing through home equity lines of credit (HELOC) during the bubble years. Now is a good time to take an in-depth look at these second liens and the dangers they pose for the housing market and the large banks.A Brief Explanation of HELOCsA HELOC is quite similar to a business line of credit and has some similarities to a consumer credit card as

Politico - The leader of Obama's transistion team expects some "changes" post-November.

Reuters - Afghan and NATO forces are planning an offensive to clear Taliban insurgents from areas around the city of Kandahar by late November, the NATO commander for southern Afghanistan said on Tuesday.

A reader Minyan P writes: Kevin As you may be aware some market forecasters are viewing the actions of the past couple of days as something akin to "The Last Days of Pompeii." All of the DeMark qualifications still read like a foreign language to me but it feels like your DeMark indicator readings are in contradiction to that. Am I reading you right? Using monthly range projections the probabilities are right now that we close above the monthly projected highs for INDU SPX UKX NDX and RTY.The Nikkei has recorded a TD Sequential 13 buy signal on the monthly

Reuters - Cuba will soon turn some small-scale manufacturing and retail services into cooperatives as the state retreats from minor businesses in an effort to boost the island's troubled economy, government and Communist Party sources said.

AP - The bodies of about 700 people killed in the wake of World War II have been discovered in a mass grave in Slovenia, 65 years after they were herded into the woods and slain by antifascists seeking revenge on Nazi collaborators, an official said Tuesday.

AP - The NATO-led coalition has overwhelming numerical superiority over the Taliban around the key southern Afghan city of Kandahar and expects to clear the area of insurgents by November's end, a top commander said Tuesday.

The Upshot - How's this sound for a slate of candidates? A homeless tarot card reader, "Grandpa" the pedicab driver and a 20-year-old street performer. Those are the Green Party political hopefuls whom Republican operative Steve May has recruited to run for office in Arizona, the New York Times reports. While the state's community of tarot enthusiasts is [...]

Reuters - Tropical Storm Hermine barely maintained such status on Tuesday as 40 mile per hour winds continued to lash south Texas and the storm moved further inland, the U.S. National Hurricane Center said.

AP - Turns out politics, for all its focus on the gloomy economy, is a recession-proof industry.

AP - Call it Zombies 101.

AP - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.

Doing business in Cuba has never been shall we say easy. But in recent weeks Cuba has seen a series of new free-market developments that have piqued the interest of foreign investors including some American companies.For starters Cuba has eased its property laws allowing foreign investors to lease land for up to 99 years instead of just 50. That could lead to lower interest rates on international banking mortgages and shore up confidence for potential investors.Secondly a number of telecom companies including Verizon (VZ) AT&T (T) and Nokia (NOK) have started to pressure the US government to ease its embargo

The Atlantic Wire - Four years after Democrats trounced Republicans in the 2006 midterm elections over outrage against the Iraq War, a new Washington Post-ABC News poll finds the GOP making big gains and ready to retake much of Congress this November. Here's what the poll says and what it means for the political parties and their prospects.

Reuters - A huge blast shook police headquarters in the northwestern Pakistani town of Kohat on Tuesday, causing many casualties, police said.

AP - Mozambique's government is reversing bread and water price increases that had touched off deadly riots, the planning minister said Tuesday.

Editor's Note: This article was written by Kevin Grewal editor of SmartStops.net. The launch of new products rapid growth in smartphones and an increase in replacement sales enabled the mobile-phone sector to post second-quarter growth paving the path to opportunity for the Technology Select Sector SPDR (XLK) the iShares S&P Global Technology (IXN) and the PowerShares QQQ (QQQQ).According to research firm IDC manufacturers of mobile handsets shipped a more than 317 million units worldwide in the second quarter of 2010 marking an increase of 15% year-over-year. One reason behind this demand is the increased appeal of smartphones. The research firm