US stocks pare gains after mixed economic news

ap
U.S. stocks pared their early gains on Friday as traders dissected mixed reports on consumer sentiment, retail sales and business inventories after a week of record-setting gains and losses on Wall Street. Read more »

Bank of America in $8.5B mortgage settlement

ap
Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed. Read more »

Where the Rich Are Keeping Their Money

MarketWatch

Who are the rich? How are they doing and what, exactly, are they doing with their money? Read more »

Oil drops as international reserves are tapped

ap
Oil plunged nearly 5 percent Thursday after the International Energy Agency said it will release 60 million barrels of oil from its reserves to make up for a loss of Libyan exports in global oil markets. Read more »

FedEx 4Q net income rises 33 percent

ap
FedEx Corp. says the global economy will continue to see moderate growth as fuel and other costs subside. Read more »

Mortgage applications declined last week: MBA

reuters
Applications for home mortgages fell last week, after a sharp bounce the week before, as refinance demand dropped and interest rates rose, an industry group said on Wednesday. Read more »

Oil falls below $99 ahead of OPEC meeting

ap
Oil prices slipped below $99 a barrel Tuesday amid expectations that OPEC will raise its production quota this week. Read more »

Woman Busted at Canadian Border With 72,000 Ecstasy Pills!

A Montreal woman faces drug-trafficking charges after allegedly trying to smuggle 72,000 Ecstasy pills across the Canadian border early Friday.

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gamble

NYC Police & Firefighters ARRESTED In Connection W/ An Illegal Gambling Ring!

More than a dozen people were arrested on Staten Island and arraigned Thursday, including active and retired members of the city’s fire and police departments, in connection with an illegal gambling ring.(video) Read more »

pennies

Penny offense: Man fined for paying fee in pennies

No lucky pennies here: Police have charged Jason West, an aggrieved medical patient in Vernal, Utah, with disorderly conduct. His alleged crime? Read more »