PENNSYLVANIA

Jerry Sandusky Sex Scandal Rocks Penn. State University

Jerry Sandusky Sex Scandal Rocks Penn. State University

Pennsylvania State University (PSU) has been rocked by the biggest sex scandal in its history - the university's ex-football coach Jerry Sandusky, 67, has been charged with sexually abusing eight young boys over a 15-year period even as two school officials have stepped down amid accusations of covering up the scandal.
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Wall Street Falls on Eurozone Rescue Fund Concerns

Stocks retreated on Friday after two days of gains as wealthier nations appeared to pull back from a European Union plan to broaden funding for a plan to deal with the region's sovereign debt crisis.
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New York Snow on Saturday Could Be Record-Setting Event

In a year already colored by rare natural events, including an earthquake and a strike from Hurricane Irene, New York could receive an all-time record snowfall for the month of October on Saturday, according to forecasts.
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Rare October New York City Snow Coming Saturday?

It's no trick, and whether it's a treat or not depends on who you ask. But major cities along the I-95 corridor including Philadelphia, New York and Boston might be in for a rare October accumulating snowfall Saturday.
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Euro zone deal sparks rally on Wall Street

Stocks surged 2 percent on Thursday after European leaders reached a long-awaited agreement to boost the region's bailout fund and struck a deal with banks and insurers to accept 50 percent losses on Greek bonds.
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States May Lose Big in Jobs, Funds If Medicaid Cut

Cutting Medicaid by 5 percent would cost U.S. states $14 billion and trigger job losses in the tens of thousands by depressing spending by states, hospitals, nursing homes, drug companies and others, a study said on Wednesday.
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Wall Street Rallies on Eurozone Deal

Stocks rallied in early trading on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with banks and insurers to accept 50 percent losses on Greek bonds.

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