Former New York Mayor Michael Bloomberg

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Iowa's traditional role of creating certainty in the presidential nominating contest has been turned on its head thanks to a meltdown in last night’s caucus. About half of the caucus results are expected this afternoon at 4:00 central time, but final results may not be imminent. 

A fractional result may not provide clarity in a race that saw a number of candidates bunched together in the polls. 

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Michael Bloomberg has reached out to a senior Iowa Democrat in a sign that the billionaire former New York City mayor is planning a presidential campaign.

Former Iowa Gov. Tom Vilsack told The Associated Press that Bloomberg telephoned him Thursday evening as reports were emerging that he was weighing a campaign. Bloomberg left a voicemail indicating he plans to run.

Bloomberg aides say he has made calls to prominent Democrats but has not made a final decision to run for president.