UNITED STATES

In a talk at New York's Princeton Club, Nobel Prize-winning economist and New York Times Columnist Paul Krugman said the solution to create more jobs and get the U.S. economy to grow faster isn't rocket science: it's fiscal stimulus.

U.S. steelmaker Nucor Corp. (NYSE: NUE) said Friday it will buy Skyline Steel LLC and its subsidiaries from Luxembourg's mining and steel company ArcelorMittal (NYSE: MT) for $605 million.

Sen. John McCain, the Republican author of a bipartisan campaign-finance law at the heart of the Citizens United case, filed a brief with Democratic Sen. Sheldon Whitehouse urging U.S. Supreme Court justices to uphold a Montana anti-corruption law that bans independent corporate political spending.

Facebook has become a showcase for vulgar narcissism and voyeurism.

Lawmakers rejected the Smith-Amash amendment, which would have barred the indefinite military detention, without charge or trial, of terror suspects apprehended on U.S. soil.

Gold rose more than 1 percent on Friday, building on the previous session's hefty gains, as a recovery in the euro prompted fresh buying of the precious metal after prices slid to five-month lows earlier this week.

The U.S. Commerce Department has imposed hefty tariffs on Chinese solar panel imports, a move the Obama administration is saying comes as a response to uncompetitive Chinese export practices.

The latest Norwegian film import Headhunters is so stylistic and intriguing that there's talk of an American version being developed. Mark Wahlberg has even expressed an interest in the lead role. For now though Aksel Hennie is being praised for his brilliant performance in film. He stars as Roger, a man who surrounds himself with grandeur and lavishness as a means of compensating for his short stature.

There are currently about 130,000 foreign troops in the country, with Americans accounting for about 90,000 of them.

Days after the Alabama legislature voted to update a stringent immigration law considered among the toughest in the nation, Governor Robert Bentley has called for a special legislative session to address his concerns with the law.

Turkey, which does not recognize the Cyprus government, and has repeatedly warned against exploration for oil and gas deposits on the island, launched its own exploration effort in the breakaway Turkish Republic of Northern Cyprus.

The Romney campaign unleashed its first general election ad on Friday morning, in which the presumed Republican nominee promises to make changes to Obama's policies during his first day in office

Investors in Facebook Inc. (Nasdaq: FB), the No. 1 social network, got their first chance on Friday to gauge reaction to its $38-a-share public offering price that initially had valued the company at $104 billion.

Iran is good at playing this chess game.

Former South African President Thabo Mbeki was in Khartoum on Friday to try and push Sudan and South Sudan back to the negotiation table.

The moment is finally here: Facebook, the world's most dominant social network with 900 million-plus users, is finally ready to make its Wall Street debut. Zuckerberg will ring the opening bell at 9:30 a.m. ET, but since he will be broadcasting from Facebook remotely, NASDAQ has provided a way to watch all the proceedings occur live.

Air India is poised to get its first installment of Boeing 787 Dreamliner aircraft by the end of this month even as the crisis in the national carrier, caused by the pilots, continues.

A highly popular tranche of municipal debt issues is likely to feel the sting of a multi-notch ratings downgrade soon, a Wells Fargo credit strategist warned. The downgrade would wreak havoc on the portfolio strategy of a substantial number of investors in tax-exempt debt, and would also likely have noisy political repercussions in Puerto Rico, the municipality whose bonds are in the crosshairs.

Futures on major U.S. indices point to a slightly higher opening Friday ahead of the commencement of public trading of Facebook.

Asian stock markets slumped Friday as renewed concerns over euro zone crisis and lackluster economic data from US dented investor sentiment.

UN Secretary-General Ban Ki-moon said on Thursday he believed al Qaeda was behind the twin suicide car bomb blasts that killed at least 55 people in Syria last week.