LATEST NEWS | S&P 500 ends up; U.S. data offers hope | NEW YORK (Reuters) - An early rally in stocks fizzled, leaving major averages with modest gains on Friday, as Wall Street was torn between hope that U.S. economic data points to better times ahead and fear Europe's debt crisis will engulf major world economies. | Full Article | | Fitch: comprehensive euro zone deal "beyond reach" | December 16, 2011 04:38 PM ET | ROME/BERLIN (Reuters) - The credit rating agency Fitch said on Friday it thought a comprehensive solution to the euro zone's debt crisis was beyond reach, putting six euro zone economies including Italy on watch for potential near-term downgrades. | Full Article | SEC sues former top Fannie, Freddie executives | December 16, 2011 03:02 PM ET | NEW YORK (Reuters) - Six former top executives at Fannie Mae and Freddie Mac were sued by U.S. regulators on charges of misleading investors about the mortgage finance companies' exposure to risky home loans in the run-up to the 2008 financial crisis. | Full Article | Layoffs hit Soros investment company | December 16, 2011 02:06 PM ET | BOSTON (Reuters) - Soros Fund Management, the investment company of billionaire George Soros, has laid off a handful of analysts and portfolio managers in recent months. | Full Article | Inflation eases, creates space for Fed stimulus | December 16, 2011 01:28 PM ET | WASHINGTON (Reuters) - Consumer prices were flat in November as Americans paid less for cars and gasoline, a further sign of a cooldown in inflation that could give the Federal Reserve more room to help a still weak economy. | Full Article | | | US TOP NEWS | Lawmakers seek deal to extend payroll tax cut | December 16, 2011 04:20 PM ET | WASHINGTON (Reuters) - U.S. lawmakers were trying to forge a compromise deal on payroll tax relief for 160 million Americans on Friday as the House of Representatives overwhelmingly approved legislation to keep government agencies operating through September, 2012. | Full Article | U.S. withdrawal in Iraq rolls into final act | December 16, 2011 04:30 PM ET | BAGHDAD (Reuters) - American soldiers signed over their last military base to Iraqi officials on Friday with the U.S. troop pullout drawing to an swift end nearly nine years after the invasion that ousted Saddam Hussein. | Full Article | Suspected WikiLeaks source appears in court | December 16, 2011 04:25 PM ET | FORT MEADE, Maryland (Reuters) - An American Army intelligence analyst suspected of being behind the largest leak of classified documents in U.S. history made his first court appearance on Friday, sitting stone-faced as military prosecutors launched into their case against him. | Full Article | Barry Bonds gets 2 years probation in steroids probe | December 16, 2011 04:34 PM ET | SAN FRANCISCO (Reuters) - Home-run king Barry Bonds avoided a prison sentence on Friday over a single criminal conviction related to an investigation of steroids in sports, a punishment one prosecutor called a slap on the wrist. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | |
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