Mutual funds have fared miserably so far in 2011. Only 13 percent of actively managed mutual funds are beating their benchmarks.

Visiting storm-torn parts of New Jersey Sunday, President Obama met a largely-friendly crowd that voted for him in 2008. But the state has also elected a high-profile Republican governor, and most people disapprove of his performance.

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AP - The dismal U.S. job market, which has intensified fears of another recession, may be even worse than the unemployment numbers suggest.

AP - Negotiations over the surrender of one of Moammar Gadhafi's remaining strongholds have collapsed, and Libyan rebels were waiting for the green light to launch their final attack on the besieged town of Bani Walid, a spokesman said.

AP - Lee dumped more than a foot of rain in New Orleans and spun off tornadoes elsewhere Sunday as its center came ashore in a slow crawl north that raised fears of inland flash flooding in the Deep South and beyond.