Stocks flat; consumer spending falls

Stocks are little changed in morning trading Friday as lawmakers...

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America waits for Powerball jackpot winners to reveal themselves

Powerball officials confirmed that there are two winning tickets in the second-biggest lottery in history, sold in Arizona and Missouri. ...

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AP Newsbreak: New Suzanne Collins book in 2013

NEW YORK (AP) — "The Hunger Games" novelist Suzanne Collins has a new book coming out next year.The multimillion-selling children's author has completed an autobiographical picture story scheduled for Sept. 10, 2013, Scholastic Inc. announced Thursday. The 40-page book will be called "Year of the Jungle," based on the time in Vietnam served by Collins' father, a career Air Force officer."Year of the...

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Cost of Brand-Name Prescription Medicines Soaring

The price of brand-name prescription medicines is rising far faster than the inflation rate, while the price of generic drugs has plummeted, creating the largest gap so far between the two, according to a report published Wednesday by the pharmacy benefits manager Express Scripts. The report tracked an index of commonly used drugs and found that the price of brand-name medicines increased...

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New York Fed president sees greater impact from Sandy

NEW YORK -- Superstorm Sandy appears to have damaged the New York area's economy more than initially believed, New York Federal...

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Norquist: GOP concern over tax pledge just 'impure thoughts'

Grover Norquist on Wednesday rebuffed claims that his anti-tax crusade is losing steam, calling statements from prominent Republicans...

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ABC celebrating Dick Clark on New Year's Eve

NEW YORK (AP) — ABC is turning its first New Year's Eve without Dick Clark in four decades partly into a celebration of the showbiz impresario's life.Clark, who did the first annual "New Year's Rockin' Eve" special on ABC in 1972, died at age 82 in April. Fergie and Jenny McCarthy will be hosts of a two-hour tribute to Clark that will air at 8 p.m. ET on New Year's Eve.ABC said Wednesday that Ryan...

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SAC Said to Get Notice From SEC on Insider Trading

The U.S. Securities and Exchange Commission told SAC Capital Advisors LP that it is considering suing the $14 billion hedge...

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Cyber Monday sales up 17% to nearly $2 billion, exceeding forecast

Cyber Monday online sales beat forecasts by nearly half a billion dollars.ComScore on Monday predicted that Cyber Monday would...

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Disney Channel to debut 'Sofia the First' Jan. 11

NEW YORK (AP) — Disney says its animated children's series "Sofia the First" will premiere Jan. 11 on the Disney Channel and Disney Junior networks.Created for kids ages 2 to 7, "Sofia the First" is about a young girl who becomes a princess and learns that honesty, loyalty and compassion are what makes a person royal.Sofia is voiced by "Modern Family" actress Ariel Winter, and her mother is played...

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