IBT Staff Reporter

The U.S. economy may finally be hitting its stride even if growth remains too weak to put a real dent in the nation's jobless rate, Federal Reserve Chairman Ben Bernanke said on Friday.

Bill Ford Jr. just can't let the good times roll.

In a ruling that may affect foreclosures nationwide, Massachusetts' highest court voided the seizure of two homes by Wells Fargo & Co and US Bancorp after the banks failed to show they held the mortgages at the time they foreclosed.

The Democratic White House and the Republicans who control the House of Representatives each found the December jobs figures released today mildly encouraging. While the administration, however, took credit for the steady albeit slow improvement, the new Republican chairman of the House Education and Workforce Committee said the plodding economy points up the need to change failed administration policies.

Microsoft Corp has put its estimated $1 billion media buying account into review, raising the possibility the business could move to an agency other than current partner Universal McCann, according to a source familiar with the account.

Nvidia Chief Executive Jen-Hsun Huang learned firsthand how pervasive -- and demanding -- mobile devices can be.

Defense stocks dodged a bullet this week when the Pentagon said it plans for its budget to grow modestly through 2014 before leveling off in 2015, but political and fiscal concerns in Congress could slow the sector further during that period and beyond.

A security researcher says he has figured out a quick and inexpensive way to break a commonly used form of password protection for wireless networks using powerful computers that anybody can lease from Amazon.com Inc over the Web.

A Texas man has been exonerated by a Dallas County Judge when DNA evidence proved he was wrongly convicted in connection with a 1979 Dallas rape, robbery and abduction case.

Three people who were arrested by the federal agents last month in an operation seen as part of a widening probe into insider trading were granted bail on Tuesday.

It was easier to find a tablet this week in Las Vegas than a taxi.

Local-search provider Local.com Corp said its revenue model was under pressure following partner Yahoo Inc's move to Microsoft Corp's Bing search engine, sending Local's shares tumbling 21 percent.

Employers hired fewer workers than expected in December and a surprisingly large number of people gave up searching for work, tempering the positive news of a big drop in the unemployment rate.

While the House of Representatives is moving towards repealing the national healthcare reform law passed last year, residents of the nation’s largest state are facing another round of health insurance rate hikes.

Stocks fell on Friday after a court ruling in a key foreclosure case prompted investors to pull out of bank stocks, adding to weakness after a lackluster jobs report.

Investors have entered 2011 eager to embrace riskier, higher-yielding assets, but happy to dump them at the first whiff of anything negative.

Lenovo Group Ltd, which is making a concerted push into tablets, said it expects the devices to see good growth but still eventually only make up a fraction of the broader personal computer market.

Formula One team Hispania Racing confirmed the appointment of India's Narain Karthikeyan as their race driver for the 2011 F1 season.

Verizon has received a crop of 4G phones at the CES 2011, sufficient enough to handle an onslaught of phones from other carriers. Here is a comparison of 4G phone releases by Motorola, HTC, Samsung and LG for Verizon network.

It was easier to find a tablet this week in Las Vegas than a taxi.

In a ruling that may affect foreclosures nationwide, Massachusetts' highest court voided the seizure of two homes by Wells Fargo & Co and US Bancorp after the banks failed to show they held the mortgages at the time they foreclosed.

U.S. stocks stumbled on Friday as financials were hit by a court ruling that voided two home foreclosures and as data showed disappointing jobs growth last month.

A couple wanting to know their chances of having a baby through in-vitro fertilization (IVF) can now take heart with an application to give them an answer as British researchers have devised a formula that will help them give quite an accurate prediction of the success of IVF treatment. Eager ‘infertile’ couples can now decide whether to try the treatment as researchers have made this formula available as a simple computer calculator application, which will soon be available for download on App...

Apple Inc.'s CEO Steve Jobs has received a salary of $1 per year since rejoining the company in 1997, a regulatory filing showed.

The economy may finally be hitting its stride even if growth remains too weak to put a real dent in the nation's jobless rate, Federal Reserve Chairman Ben Bernanke said on Friday.

The Gold Price in Dollars slid to a near 6-week low in early London trading on Friday, dropping below $1360 an ounce, but then bounced back to $1369 as New York trading began and Non-Farm Payrolls showed a rise of 103,000 - below analyst forecasts - and the labor-force participation rate slipped further below two-in-three.

The following are highlights from a U.S. Senate Budget Committee hearing on Friday with testimony from Federal Reserve Chairman Ben Bernanke.

Local-search provider Local.com Corp lowered its fourth-quarter outlook hurt by a fall in revenue from a key customer Yahoo Inc following the Yahoo-Bing integration, sending its shares down 14 percent in pre-market trade.

Stocks lost ground on Friday as financials were hit by a court ruling that voided two home foreclosures and as data showed disappointing jobs growth last month.