NEW YORK

Investors are increasingly making a flight to quality as they pull out of credit-default swaps hedges on Europe's primary index as well as the markets for periphery nations like Spain, a trend which indicates higher expectations that periphery nations are unable to repay their debts and a lack of confidence in the political will of the economic union.

Pedro Hernandez, the man in custody in connection with the1979 Etan Patz disappearance case, confessed to the boy's killing. However, law enforcement sources are telling the media they remain skeptical of the claim because some things don't add up with known facts.

Kate Upton, a Sports Illustrated swimsuit edition cover girl and one of the most promising young models in America, is back with a Beach Bunny swimwear video after surviving a controversy over a sexy YouTube clip was taken down by the site.

Here is the complete list of the All-NBA first, second and third teams for 2012.

While you might know who Brooklyn Lee and Tasha Reign are, you just might recognize the man they were recently photographed with at the high-profile Nights in Monaco gala. Lee and Reign attended the gala where they met up with former U.S. President Bill Clinton. The three are seen in a photograph from the gala, as Clinton wraps his arms around the X-rated starlets.

At next month?s E3 conference Ubisoft will unveil the first playable demo for ?Assassin?s Creed 3.? The next installment in the renowned stealth-based adventure game will take place during the American Revolution in the cities of Boston and New York.

Police have arrested a man identified as Pedro Hernandez in connection with the 1979 disappearance and murder of Etan Patz..

American International Group Inc. (NYSE: AIG) was partially rebuffed in its effort to get $10 billion out of Bank of America Corp. (NYSE: BAC) Wednesday, as a Los Angeles U.S. district judge dismissed some of the New York re-insurer's claims in its securities lawsuit against the giant Charlotte, North Carolina- bank.

A series of tweets by Cheryl Hines, Robert F. Kennedy, Jr.'s girlfriend, show that the Curb Your Enthusiasm actress relishes her relationship with Bobby - and it may have driven Kennedy's estranged wife, Mary Kennedy, to suicide last week.

MasterCard Inc. (NYSE: MA) said Thursday it will appeal a decision by Europe's second-highest court rejecting the credit card company's argument against an EU ban on cross-border card fees, Reuters reported.

Lamar Odom would be interested in joining the Knicks,according to a report.

American Idol runner-up Jessica Sanchez brought down the house during her duet with Jennifer Holiday on last night's season finale that saw singer-songwriter Phillip Phillips crowned champion.

There's a glimmer of hope that authorities may finally solve the 33-year-old cold case of Etan Patz, a boy who disappeared in 1979 while on his way to the school bus stop.

Hustler's publisher, Larry Flynt, has responded to a lewd, digitally altered photograph of conservative commentator and New York Daily News columnist S.E. Cupp in his magazine. That's satire, he told The Blaze in a two-sentence statement.

According to the New York Daily News, the principal owners of the Yankees are exploring the possibility of selling the franchise.

Just in case you were anxious about his STD test results, Buffalo Bills wide receiver (WR) David Clowney tweeted the results of his HIV examination to the world on Tuesday. Got My HIV Results Back!!

A scathing new report details the way the United States is failing to attract and retain the immigrant workers -- skilled and unskilled -- who are crucial to thriving in a global economy.

With few presidential candidates on their side, who will Egypt's eight million Coptic Christians vote for?

A New York jury on Wednesday heard former Goldman director Rajat Gupta on a FBI wiretap casually discussing business with Raj Rajaratnam, the now-imprisoned hedge fund founder he is accused of tipping off about boardroom secrets.

The American Petroleum Institute has again called on Washington to increase domestic production of oil on both federal and public lands, to help consumers by bringing gasoline prices down even further.

A 9,000-year-old limestone mask is expected to fetch between $400,000 and $600,000 when it goes up for auction in New York City next month.