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NEW YORK (Reuters) – U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data. Full Story »
WASHINGTON (Reuters) - U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010. Full Story »
NEW YORK (Reuters) - Goldman Sachs Group Inc is the bank many Americans love to hate, but one group just plain loves it: its employees. Full Story »
WASHINGTON - Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. Full Story »
NEW YORK - Weakening U.S. economic growth and worried comments from Federal Reserve officials drove the dollar to an 8-month low Friday against the Japanese yen. Full Story »
Drugmaker Merck & Co. on Friday reported a 52 percent drop in second-quarter net income, weighed down by big restructuring charges from buying Schering-Plough Corp., generic competition and other factors. Full Story »
ATHENS, Greece - Greece said Friday it will use military trucks, navy vessels and commandeered fuel tankers to restore gasoline supplies cut by a strike that has hurt the country's industry and vital tourism trade at the height of vacation season. Full Story »
The reverse mortgage industry, hammered for high fees and high pressure sales tactics, has steadily improved its procedures and its image. Loan fees and interest rates have been lowered, consumer disclosure has improved, and the federal government's insured reverse mortgage program has provided stability and credibility to the industry. A-list lenders have expanded their presence in the market; Wells Fargo and Bank America are the nation's top two reverse mortgage lenders. Full Story »
WASHINGTON (AFP) - The IMF on Friday lowered its 2011 growth forecast for the Spanish economy to 0.6 percent from the 0.9 percent it foresaw in April and warned the recovery "is likely to be weak and fragile." Full Story »
SAN FRANCISCO (Reuters) - Amazon.com said its best-selling Kindle device was currently out of stock, leading one Internet analyst to surmise the online retailer was poised to launch a new version. Full Story »
COLUMBUS, Ohio - Real estate investment trust Glimcher Realty Trust said Friday a recently completed public offering of 16.1 million common shares generated about $96 million, after commissions, discounts and expenses. Full Story »
MARSHALL, Mich. - Volunteers and government officials scrambled on Friday to save geese and other wildlife damaged by an oil spill in a southern Michigan river as the Canadian company that owns the ruptured pipeline said the crude had been contained. Full Story »
BOSTON - Sen. John Kerry said he always intended to pay taxes in Massachusetts on his $7 million yacht but conceded he mishandled the public furor over his decision to dock the vessel in tax-free Rhode Island. Full Story »
DETROIT, Michigan (AFP) - President Barack Obama took to the wheel of a new electric car Friday on a Detroit-area tour of the revitalized auto industry, touting his economic policies but urging the need to do more. Full Story »
In a summer of suffering, America's military death toll in Afghanistan is rising, with back-to-back record months for U.S. losses in the grinding conflict. All signs point to more bloodshed in the months ahead, straining the already shaky international support for the war. Full Story »
Researchers have uncovered new ways that criminals can spy on Internet users even if they're using secure connections to banks, online retailers or other sensitive Web sites. Full Story »
The most threatened tortoise in the world is being sold openly at a plant and animal exposition in the heart of Indonesia's capital, highlighting concerns about the rampant — and growing — illegal pet trade. Full Story »
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