UNITED STATES

Worries over high unemployment pushed U.S. consumer confidence to a four-month low in August, while spending rose modestly in July, indicating the economy's recovery from recession would be lethargic.

General Motors may be dragging out a decision on the sale of Opel until after German federal elections in 30 days time, calculating that a new government in Berlin may drop its backing for Magna (MGa.TO).

The pay czar tasked by the U.S. government with ruling on the eye-popping compensation of some of Wall Street's top earners is far from a stranger to big paychecks and the trappings of wealth.

Confidence indicates slow recovery; Credit card limits drop; Mets owners in Madoff trouble

Authorities have revealed the story of Jaycee Lee Dugard Thursday afternoon in a press conference, who was kidnapped in South Lake Tahoe when she was 11 years old in 1991.

Apple will sell five to seven million iPhones in China in 2010 as a result of its deal with the country's second-largest mobile carrier, a Wall Street analyst said on Friday.

Guaranty Financial Group Inc has filed for Chapter 11 bankruptcy protection, less than a week after regulators seized its banking unit and sold most of its assets to the Spanish bank, Banco Bilbao Vizcaya Argentaria SA .

Oil prices rose slightly on Friday amid lingering optimism that the recession is ending, spelling a rebound in ailing world energy demand.

U.S. stocks mostly slipped on Friday after a weak consumer sentiment report offset positive quarterly results and outlooks, while some investors booked profits after the Dow's eight-day winning streak.

Whirlpool Corp plans to shut a manufacturing facility in Evansville, Indiana, and move some production to Mexico next year, a change that will eliminate about 1.6 percent of its workforce.

The priciest neighborhood in the United States is Alpine, New Jersey, home of hip hop stars such as Sean

The man accused of masterminding the largest identity theft in U.S. history agreed to plead guilty to related charges, according to court papers filed in Boston federal court on Friday.

Film website Flixster launched a new version of its iPhone application Movies this week, highlighting how technology and the Web are bringing Hollywood directly to fans and bypassing traditional information outlets like newspapers.

Oil prices rose above $73 a barrel on Friday amid lingering optimism that the recession is ending, spelling a rebound in ailing world energy demand.

Film website Flixster launched a new version of its iPhone application

Millions of Americans have already seen their credit card limits shrink, and millions more face the same fate as lenders prepare for tougher U.S. consumer protection rules.

Low interest rates and tax breaks are giving the U.S. housing sector a jolt but, like the

Apple hit back on Friday over the affair of the exploding iPhones in France by dismissing the whole story as nonsense and suggesting that the owners were either negligent or liars, the Times reported on Friday.

NEW YORK - Guaranty Financial Group Inc (GFGF.PK) has filed for Chapter 11 bankruptcy protection, less than a week after regulators seized its banking unit and sold most of its assets to the Spanish bank, Banco Bilbao Vizcaya Argentaria SA (BBVA.MC).

WASHINGTON - A U.S. court on Friday struck down a rule limiting a cable company to no more than 30 percent of the subscription television market, a victory for companies like Comcast Corp (CMCSA.O) that could spark a wave of consolidation in the industry.

WASHINGTON - U.S. drug reviewers questioned findings from biotech company Allos Therapeutics Inc (ALTH.O) on the effectiveness of its proposed drug for an aggressive type of lymphoma, documents released on Friday showed.