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ABC on Friday apologized to its viewers for Nicki Minaj's wardrobe slip up that exposed the singer's bare breast during her summer concert performance on morning news show "Good Morning America."

Investors scrambling for cover during the U.S. deficit and debt ceiling talks and Europe's ongoing sovereign debt crisis sold stock funds and bought emerging market debt and commodities, data from EPFR showed on Friday.

Gold jumped more than 1 percent and metals market plunged on Friday as investors sought safe havens and fled riskier assets on worries over slowing global economic growth.

Gold held firm after upbeat U.S. labor market data soothed immediate fears of a recession, but longer-term uncertainty about economic growth and concerns about the euro zone debt crisis supported demand for the precious metal.

The U.S. government recorded a $1.1 trillion deficit during the first 10 months of the fiscal year even though revenues have increased more than spending, the non-partisan Congressional Budget Office said on Friday.

Two campaign finance watchdogs are asking the Federal Election Commission and Department of Justice to investigate a $1 million donation given to a pro-Mitt Romney PAC by a corporation that no longer exists, the groups said on Friday.

U.S. President Barack Obama hailed a positive jobs report on Friday but said more job growth is needed and predicted the situation will improve over time.

When you are the leader of the free world, you can invite whomever you want to an event and they will show up.

Will "Project Runway" be staging a gay wedding episode soon?

U.S. high school students are unlikely to be heavy smokers, but casual and occasional smoking is on the rise, according to a new study that warns even light smoking poses health risks.

Honda Motor Co Ltd will recall 2.49 million cars, small SUVs and minivans worldwide, including its popular Accord sedan, to repair a software problem that could damage the automatic transmission.

More than $2.5 trillion have been wiped off the value of world stocks this week on mounting concerns the global economy is heading toward another recession and Italy and Spain are being engulfed by the euro zone sovereign debt crisis.

Mohamed El-Erian has the best explanation of what happened in the markets yesterday. First and foremost, there were ?technical factors?. This doesn?t mean lines on charts and head-and-shoulders patterns and similar astrological nonsense, but rather the dynamics of where investors? money was being held and the amount that the market would fall given a modest downward nudge. Sometimes that number is tiny, but it can fluctuate a lot, and yesterday it just happened to be huge.

Yingluck Shinawatra was elected Thailand's first female prime minister on Friday in a parliamentary vote just 11 weeks into a political career crafted from exile by her brother and former premier, Thaksin Shinawatra.

With her stunning leap from the boardroom to head of government in less than three months, Yingluck Shinawatra has shaken up Thai politics with a revival of the populist legacy of her exiled brother and former premier Thaksin Shinawatra.

Magna International (MG.TO) (MG.TO) (MGA.N), one of the world's biggest auto-parts makers, said on Friday quarterly profit dropped on a weak performance in Europe and it cut its profit margin outlook, sending the shares tumbling.

U.S. job growth accelerated more than expected in July as private employers stepped up hiring, a development that could ease fears the economy was sliding into a fresh recession.

Tens of thousands of people marched across Syria on the first Friday of the Muslim fasting month of Ramadan, stepping up defiance of President Bashar al-Assad's bloody crackdown on unrest as his tanks again shelled Hama and massed outside another restive city.

When Charles Berry started his career as a bonds trader in 1993, he used to draw "point and figure" charts on pieces of paper. He checked his old charts recently to remind himself how calm markets were in those days. Back then, it took three months for a price to move 200 ticks -- the measure traders use to show changes in futures or currency markets. Now the market moves 400 ticks in a week.

There?s no getting around it: In much of the country, this is a terrible time to unload your home.

Getting a lot of out-of-office emails and feeling some vacation envy? You may feel like you?re the only one left in town during these dog days of summer, but that?s not the case.

It's the time of year when new college students start buying notebooks, but after paying the year's tuition bills, notebooks could suddenly become unaffordable.

Army officer Donna Bachler has not had a regular paycheck since she left active duty four years ago, even though she boasts the kind of skills employers vie for.

Instead of plunging headfirst to their death in a pot of boiling water, 534 live lobsters escaped the dinner plate and belly flopped to freedom into the dark waters of the Atlantic Ocean.

Three young women stripped down to bikinis on a chilly Thursday in central Moscow in support of Russian President Dmitry Medvedev and his anti-beer drive, in the latest racy campaigning ahead of 2012 elections.

Russia's Bolshoi Theater celebrated the 90th birthday of Cuban dancer Alicia Alonso with a gala performance this week of Russian classics performed by her pupils and countrymen.

Most high school football players who die from heat-related illness are overweight, in the first weeks of practice, and on the field in the morning, when the humidity is high and coaches take cooler temperatures for granted, researchers said on Thursday.

Australian left-hander Nick O'Hern fired consecutive birdies on his final two holes to forge a one-shot lead in the opening round of the Reno-Tahoe Open in Nevada on Thursday.

The Texas power grid operator has scrambled this week to meet soaring electricity demand in the face of a brutal heat wave, and residents of the second most populous U.S. state are one power plant shut-down away from rolling blackouts.