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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 36 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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Another big catch for Thai co. in $1.5B bid for Bumble Bee

The Associated Press  |  posted 6 minutes ago
A Thai food company may be landing another whopper in the U.S. with its $1.5 billion bid for Bumble Bee Seafoods.
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Air France-KLM stock drops on profit warning

The Associated Press  |  posted 6 minutes ago
Air France-KLM shares have plunged more than 8 percent in the wake of the airline's warning that weak demand on several long-haul routes and other factors would wipe hundreds of millions off profits this year.
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APNewsBreak: Sandusky won't get his pension back

By Mark Scolforo, Associated Press  |  posted 6 minutes ago
Former Penn State assistant football coach Jerry Sandusky won't be getting back the $4,900-a-month pension that was canceled two years ago after he was sentenced for child molestation.
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100 million euros in assets seized in Rome 'mafia' probe

The Associated Press  |  posted 26 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 26 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 36 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 46 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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