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Major stock indexes crept higher on Friday as the market comes off a massive two-day rally spurred by the Federal Reserve's assurance that it was in no hurry to hike interest rates. The Standard & Poor's 500 index is on pace to close with its second-best weekly gain this year.
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5 topics for Obama's year-end news conference

By Julie Pace and Jim Kuhnhenn, Associated Press  |  posted 32 minutes ago
Before President Barack Obama jets off to Hawaii for his annual Christmas vacation, he will carry out a White House ritual: the year-end news conference.
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Putin: Russia military modernization plan to go on

The Associated Press  |  posted Dec 19th - 8:50am
President Vladimir Putin says Russia will continue its ambitious military modernization program with a particular emphasis on nuclear strategic forces.
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100 million euros in assets seized in Rome 'mafia' probe

The Associated Press  |  posted 21 minutes ago
Police have seized construction companies, apartments, villas and a yacht belonging to a businessman who authorities allege consorted with a Mafia-like gang in Rome with ties to local politicians.
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Utah jobless rate holds steady at 3.6 percent

The Associated Press  |  posted 21 minutes ago
Utah's unemployment rate remained steady last month at 3.6 percent.
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New Jersey beach owner sues over dune project

By Wayne Parry, Associated Press  |  posted 31 minutes ago
A major Jersey shore beach owner is suing the state, the federal government and the borough of Point Pleasant Beach over a project to establish protective sand dunes along the state's shoreline.
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Merck begins offer for Cubist shares in $8.4 billion deal

The Associated Press  |  posted 41 minutes ago
The drugmaker Merck is launching its previously-disclosed $8.4 billion offer to buy Cubist Pharmaceuticals shares in a deal that aims to strengthen its ability to treat serious infections, an issue drawing growing concern globally.
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Grain lower and livestock higher

The Associated Press  |  posted Dec 19th - 8:52am
Grain futures were higher Friday in early trading on the Chicago Board of Trade.
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Open

The Associated Press  |  posted Dec 19th - 8:50am
Early trading on the Chicago Board of Trade Fri.:
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Gift Guide: Strong photo, video gear options

By Ron Harris, Associated Press  |  posted Dec 19th - 8:40am
What to buy an experienced photographer or video shooter? There is some strong gear on the market from Nikon, GoPro and Domke.
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Unemployment rates fell in 41 US states last month

By Christopher S. Rugaber, Associated Press  |  posted Dec 19th - 8:40am
Unemployment rates fell in 41 U.S. states in November and were unchanged in six more, reflecting healthy job gains across the country.
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Blackberry posts 3Q adjusted profit, revenue down

The Associated Press  |  posted Dec 19th - 8:32am
Blackberry reported an adjusted profit for its fiscal third quarter but its revenue fell, missing analysts' estimates.
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Prices at the pump keep falling

The Associated Press  |  posted Dec 19th - 8:31am
The average price for a gallon of gas has fallen below the $2.50 mark for the first time in about five years. Oil analyst Patrick DeHaan of GasBuddy.com says the price of gas has dropped 41 cents over the last month with the average now at $2.46 a gallon.
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Hungary official says disputed Internet tax plan 'dead'

The Associated Press  |  posted Dec 19th - 8:20am
A Hungarian official says a plan to tax Internet use, which provoked huge protests, "is dead and will never come back to life."
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Chrysler to recall about 288K Ram pickup trucks

By Tom Krisher, Associated Press  |  posted Dec 19th - 8:00am
Chrysler is recalling about 288,000 older Ram pickup trucks in North America and elsewhere because the rear axle can seize or the drive shaft can fall off.
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Nevada unemployment rate drops below 7 percent

The Associated Press  |  posted Dec 19th - 7:50am
Nevada's falling unemployment rate has dipped below 7 percent for the first time since mid-2008.
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