IBT Staff Reporter

As the grief stricken family of Leiby Kletzky sits shiva morning the loss of their slain boy, they still do not yet know the horror of how he died.

Consumer sentiment deteriorated in early July to the lowest level since March 2009 on increasing pessimism over falling income and rising unemployment, a survey released on Friday showed.

President Barack Obama and Republicans traded demands for a serious deficit plan on Friday, underscoring the lack of progress and acrimony plaguing negotiations to avert a looming government default.

Making money from social networks is the holy grail for tech startups, and a Moscow firm reckons it has found a way to do so by creating a front-to-back restaurant management system that includes a loyalty scheme.

The top Republican on Friday said President Barack Obama and Democrats had still not put a serious deficit plan on the table, underscoring the acrimony plaguing negotiations to avert a government default.

Elin Nordegren is dating someone new.

Of course, watching Harry Potter and the Deathly Hallows Part 2 is definitely a tear jerker--especially as you watch the final credits roll... But! It is comforting to know that our favorite wizard cast has grown into lovely actors and actresses over the years. Here is a look at 10 years of magic, friendship, and childhood memories.

Wall Street gave up much of its early gains on Friday as signs of weakness in the U.S. economy and concern over European bank stress tests outweighed strong earnings from Google and Citigroup.

A gauge of manufacturing in New York State showed the sector unexpectedly contracted for the second month in a row as new orders worsened, the New York Federal Reserve said in a report on Friday.

Apple iPhone 5 is rumored to be delayed because of A5 chipset overheating problem and possibly because iPhone 5 may feature the next-generation A6 processor with 3D IC technology.

Billionaire investor Carl Icahn offered to buy Clorox Co in a $10.2 billion deal, but also invited the household products maker to hold a go shop sale, which he said should yield a higher bid for the company.

Consumer confidence plummeted to its lowest level in more than two years in early July and factory output stalled in June, further diminishing hopes of a quick economic rebound in the second half of the year.

U.S. consumer prices fell 0.2 percent in June, the first monthly fall in a year, with the annual inflation rate unchanged at 3.6 percent, still the highest the Labor Department said.

A government advisory panel unanimously approved an experimental drug, Adcetris, from Bothell, WA.-based drug maker, Seattle Genetics, serving as the company's first commercial drug approved by the U.S. Food and Drug Administration.

Citigroup Inc's second-quarter profit jumped 24 percent as the bank lost less money than expected on bad U.S. loans.

Spotify launched in the U.S.

After agreeing a deal to sign Stewart Downing from Aston Villa, Liverpool will now turn their focus on filling the left-back slot, with Newcastle's Jose Enrique a possible target.

Stocks rose on Friday after strong earnings from Google and Citigroup helped lift some of the angst about Europe's debt crisis and stalled U.S. budget talks.

Rebecca Nalepa, 32, girlfriend of Medicis Pharmaceutical Corp., a pharmaceutical company based in Scottsdale, Ariz., founder and chief executive Jonah Shacknai, was found dead at his California home, one of many in a wealthy neighborhood, Wednesday in what officials are calling suspicious circumstances.

Charlie Sheen death rumors are a hoax, but the word on the street is he might be receiving a roast from his ex-wife, Denise Richards.

No one attracts more die hard fans than Harry Potter (other than maybe Star Wars) and the premiere of the last movie in the series was proof of that.

Consumer prices fell slightly more than expected in June to post their biggest drop in a year on weak gasoline costs, but underlying inflation pressures remain elevated.

Glee cast member Chris Colfer learned he is leaving 'Glee' via Twitter.

Alan Rickman has played Professor Severus Snape in all the Harry Potter films. However, as Harry Potter and The Deathly Hallows Part 2 is unveiled, many are buzzing about Rickman's performance.

A health check of European banks is expected to show that as many as 15 lenders need more capital to withstand a prolonged recession, with criticism growing that the tests do not encompass the impact of a Greek default.

Taiwan's TSMC has begun trial manufacturing of next generation chips for Apple Inc's mobile devices, a source with knowledge of the matter said on Friday, in a sign that the iPad maker is shifting from its traditional chip supplier, Samsung Electronics.

Wall Street was set to rise on Friday after strong earnings from Google and Citigroup helped lift some of the angst about Europe's debt crisis and stalled U.S. budget talks that have overhung the market.

Professor Severus Snape, played on screen by British actor Alan Rickman, was named the winner of the MTV News Harry Potter World Cup. Will Alan Rickman miss playing Snape? To MTV's question, the award-winning British actor answered, I won't really miss anything...

Harry Potter and The Deathly Hallows: Part 2