IBT Staff Reporter

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Who is Kim Kardashian Marrying? Wedding Rumored For August 20

Reality TV star Kim Kardashian may be a Mrs. pretty soon. The 'wedding of the year' is rumored to take place next month between Kim Kardashian and Kris Humphries. The two became engaged back in May, when Kris was said to have presented Kim with at 20.5 carat diamond ring. It was speculated from the beginning that the alleged Kim Kardashian wedding date is set for August 20, 2011.

Banks, transports lead stocks higher

U.S. stocks advanced on Thursday led by banks after Morgan Stanley reported better-than-expected results and as details of a new Greece rescue plan emerged.

Signs of global slowdown mount; debt crisis weighs

Private-sector growth in the euro zone ground to a halt this month and China's factory sector contracted for the first time in a year, surveys showed on Thursday, deepening evidence of a global slowdown.

Morgan Stanley stuns market with results

Morgan Stanley stunned Wall Street with better-than-expected second-quarter results, outperforming Goldman Sachs and other rivals as it gained market share in tough trading conditions.

Express Scripts to buy Medco for $29 billion

Express Scripts Inc will buy rival Medco Health Solutions Inc for $29.1 billion, creating a U.S. powerhouse in managing prescription drug benefits that is sure to draw antitrust scrutiny.

AT&T profit, subscriber growth beat expectations

AT&T Inc posted better-than-expected subscriber growth for the second quarter, pushing its profits and sales past Wall Street estimates despite the loss of exclusive U.S. rights to sell the Apple Inc iPhone.

Top Fed official got waiver on AIG holdings: GAO

New York Federal Reserve Bank President William Dudley received a waiver allowing him to keep investments in firms the Fed was rescuing at the height of the financial crisis when he was a top staffer, a congressional watchdog agency found.

Instant view: Jobless claims rise above expectations

New U.S. claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, pointing to a labor market that is struggling to regain momentum after job growth faltered in the last two months.

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