IBT Staff Reporter

Moody's Investors Service said on Friday it may cut Belgium's Aa1 sovereign credit rating, citing its struggles to reign in high levels of public debt and concerns about long-term funding risks.

Investors tiring of the Eurozone's debt crisis dragging the market all over the place are hoping to focus on something else next week -- earnings.

Investors tiring of the euro zone's debt crisis dragging the market all over the place are hoping to focus on something else next week -- earnings.

Moody's warned Belgium on Friday its credit rating could fall due to the burden of bailing out Dexia , the French-Belgian financial group, and the prospect of higher funding costs and weak economic growth.

Two weeks into the Occupy Wall Street protests, one of America’s most respected polling firms released an astonishing survey on economic divisions showing that a majority of Americans don’t think their society is divided between haves and have-nots.

Here's the dilemma about Sunday night's Breaking Bad season finale: We can't wait to see it. But once we do, we won't get any more Breaking Bad episodes for...well, a long time.

Sony has picked up the movie rights to Walter Isaacson's upcoming biography of Steve Jobs for Mark Gordon to produce, TheWrap has confirmed.

A green beret worn by revered American actor John Wayne in the 1968 war-drama film The Green Berets, raised a record price for a costume hat of $179,250 in an auction that finished on Friday, auctioneers said.

AT&T sold more than 200,000 of Apple Inc's latest iPhone in the first 12 hours and said it had seen extraordinary demand for a gadget unveiled a day before the death of Apple co-founder Steve Jobs.

Michael Jackson's doctor told police he left the Thriller singer for about two minutes after giving him the anesthetic propofol for sleep and returned to find Jackson no longer breathing.

The U.S. government's budget deficit in the fiscal year that ended on September 30 was $1.3 trillion, equal to 8.6 percent of gross domestic product, the nonpartisan Congressional Budget Office said on Friday.

Bank of America Corp will pay $11 million to ousted executives Joe Price and Sallie Krawcheck, a large payout at a time when banks face protests over pay but smaller than the eight-figure packages some executives received before the financial crisis.

Regulators are considering holding Wall Street chief executives legally liable if they allow certain types of proprietary trading on their watch.

Sprint Nextel Corp said it needs to raise more money and signaled it will burn through its cash reserves, raising concerns about the wireless provider's financial stability and business strategy.

CBS' The Big Bang Theory was Thursday's highest-rated show, while Grey's Anatomy hit a series low and Charlie's Angels plunged 20 percent. The X Factor pushed Fox to an overall win for the night, according to preliminary numbers.

One of the actors on animated comedy The Simpsons said on Friday he had offered to take a 70 percent pay cut in order to save the long-running Fox TV series from a threat of cancellation.

In a letter to employees, Motion Picture and Television Fund CEO Bob Beitcher seemed to acknowledge that a deal with Providence Health & Services had collapsed.

Federal prosecutors announced a crackdown on Friday on what they called California's massive commercial marijuana industry, including medical pot dispensaries they say are often fronts for illegal for-profit drug distribution.

A New York-based crime ring that used forged credit cards to mainly buy and resell Apple products overseas has been busted, police said on Friday in what was described as the largest identity fraud case in U.S. history.

Beam Inc Chief Executive Matthew Shattock thinks the spotlight will be good for his newly independent alcoholic drinks company.

The U.S. futures regulator may break with other agencies on a much-anticipated plan to ban most proprietary trading by banks, and could opt to put forth a slightly different version of the Volcker rule.

U.S. consumer credit posted its largest decline in more than a year in August, according to a Federal Reserve report on Friday that suggested consumers were reluctant to hold more debt amid a shaky economic recovery.

Walt Disney Co Chief Executive Bob Iger will step down as CEO in March 2015 after nearly a decade at the helm, setting in motion a succession plan for the largest U.S. media and entertainment company.

Germany and France were split ahead of crucial talks on Sunday over how to strengthen shaky European banks and fight financial market contagion to prepare for a possible Greek default.

Employers hired more workers than expected in September and job gains for the prior two months were revised higher, easing recession fears.

Iowa has planned its presidential caucus for Jan. 3, 2012 -- ensuring the Republican primary season will begin just after New Year's Day for only the second time.

Wal-Mart Stores Inc's international business is growing. Its Sam's Club warehouse unit shines. Its expanding online operation is being revamped. Still, investors largely care about just one thing: can the retail giant finally fix its U.S. stores?

After nearly falling into bear-market territory, U.S. stocks on Friday finished the week higher, building gains on encouraging jobs data and hopes that Europe is dealing with its debt crisis.

Teen star Demi Lovato is going back out on the road, a year after entering treatment for bulimia and other emotional problems.