IBT Staff Reporter

A $4 trillion reduction of the U.S. budget deficit, if enacted by Congress, would trim economic growth by one percentage point a year for the next decade, BlackRock Chief Executive Laurence Fink said.

Put these apps on your iPhone to stay up on all the latest trends

Spanish giants Real Madrid have appealed with Uefa against the imposition of a five-match European ban on their manager Jose Mourinho after the comments he made post the Champions League semifinal first leg against Barcelona.

Chinese online game developer Shanda Games Ltd said one of its online games was hacked earlier this month, and it had to close about 5,000 accounts that had taken advantage of a design flaw.

Palin's new documentary will be screened at AMC theaters

The hackers allegedly responsible for the Sony ordeal have been arrested.

Advanced Micro Devices Inc could win a larger pie of the desktop PC market helped by its newly-launched Llano and Bulldozer chips, unless Intel Corp lowered its own prices, Macquarie Research said.

A federal judge said Toyota owners outside California who seek to recover losses in their vehicles' value resulting from unintended acceleration cannot pursue their claims under that state's laws.

According to The Hollywood Gossip, Internet rumors have surfaced claiming that LeBron's longtime girlfriend, Savanna Brinson, had an affair with Washington Wizards forward Rashard Lewis.

Wall Street resumed its slide on Friday, with the Nasdaq turning negative for the year, after China's weaker trade data and disputes about a second Greece bailout weighed on already fragile sentiment.

Rep. Anthony Weiner is trying to get back to work and said he won't resign.

Internet video phone company Skype Inc was sued in U.S. federal court Thursday for infringing the patents of a Luxembourg company, which has filed similar lawsuits against Skype in Europe.

The Dow Jones Industrial Average fell below 12000 points on Friday, threatening to bring the stock market to a sixth consecutive week of losses. It would be the longest such slump since 2002.

A four-year-old patent dispute ended in Microsoft's defeat. The international tech giant now owes $290 million to a small Canadian firm.

Swiss and U.S. authorities have held informal exploratory talks that touched on regularizing untaxed money held by wealthy Americans in secret Alpine accounts, a spokesman for a finance ministry office said.

The Supreme Court rules in favor of i4i over Microsoft, saying the tech giant can't rewrite the patent laws.

Thursday night Prince William and Kate Middleton stepped put to a fancy gala in London. The royal couple helped reason $28 million for charity.

These celebs have entered the world of fashion with their own lines.

Watch The Black Eyed Peas perform in New York after weather caused the Robin Hood Foundation to cancel their earlier performance.

Samir Nasri and Gael Clichy, both having just a year remaining in their contracts after negotiations for contract extensions broke down, are likely to leave the club by the end of the transfer window but who is Arsene Wenger lining up to replace them?

Nokia was expected to report a loss for this quarter and next as it cuts prices to try to prevent more customers defecting to rivals' smartphones, a Reuters poll found.

Stocks fell on Friday, a day after ending a six-day losing streak as weaker trade data from China, the scrapping of a large IPO and ongoing disputes about a second Greece bailout weighed on sentiment.

Major U.S. banks came under growing pressure from banking regulators to improve the security of customer accounts after Citigroup Inc became the latest high-profile victim of a cyber attack.

Get beach ready with these easy diets

Vietnam's navy announced it will conduct live-fire drills in the South China Sea next week

Comedian Tracy Morgan is known for his inappropriate jokes and incoherent rants, but it seems like he may have taken it a step too far.

South Africa's Trevor Manuel ruled himself out of the race for the IMF's top job on Friday, making French finance minister Christine Lagarde an even firmer favorite although the threat of a judicial inquiry remains.

Disappointing trade data from China and the scrapping of a large IPO fed into fears about market volatility and the economy on Friday, with U.S. stocks set to fall a day after rebounding from a six-day losing streak.

The Duchess wore another beautiful gown to a charity gala in London