Wall Street Week Ahead: Earnings, money flows to push stocks higher

NEW YORK (Reuters) - With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal. The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations. Sector indexes in transportation...

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Algerian Raid to Free Hostages Turns Deadly

BAMAKO, Mali — Britain said on Friday that an operation against hostage takers in the Sahara was not over and could produce “bad news,” almost a day after Algeria mounted an assault on heavily armed fighters holding American and other captives at a remote Sahara gas field facility. The operation, which began on Thursday without consulting foreign governments with citizens working at the plant,...

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Obama Wants More Violent Video Game Studies, and That’s Okay

Here’s an interesting fact that came out of the recent debate over gun control: Thanks to the U.S. Congress, the government has been unable to fully research firearm safety for the last 16 years.In 1996, as Reuters tells it, the National Rifle Association pressured lawmakers into cutting $ 2.6 million worth of Centers for Disease Control funding, which was being used for firearms research. Congress...

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Inspiring Singers Outshine American Idol's Feuding Judges

TV Watch American Idol By Steve Helling 01/17/2013 at 11:00 PM EST From left: Randy Jackson, Mariah Carey, Ryan Seacrest, Nicki Minaj and Keith Urban George Holz/FOX The second episode of American Idol delivered more drama, but a handful of singers managed to eclipse...

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Will Obama's order lead to surge in gun research?

MILWAUKEE (AP) — Nearly as many Americans die from guns as from car crashes each year. We know plenty about the second problem and far less about the first. A scarcity of research on how to prevent gun violence has left policymakers shooting in the dark as they craft gun control measures without much evidence of what works.That could change with President Barack Obama's order Wednesday to ease research...

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Analysis: More Americans leave parental nest in boost for housing

WASHINGTON (Reuters) - Americans are feeling increasingly confident in the future and more and more are striking out to set up their own homes, a move that is helping propel the housing recovery. The deep financial crisis and recession of 2007-2009 kept many Americans from leaving their parents' nests and drove others back into them, putting a sharp brake on the pace at which new households...

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Torrential Rains Paralyze Jakarta

JAKARTA, Indonesia — Torrential rains caused flooding that paralyzed much of Jakarta on Thursday, resulting in the deaths of at least four people and forcing the evacuations of tens of thousands of others. Parts of the capital were under at least six feet of water, and even the presidential palace was not spared as waters rushed into the complex. The central business district saw water levels...

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Mysterious Samsung smartphone pictured with Verizon branding

Earlier this week, a mysterious Samsung (005930) smartphone appeared on GLBenchmark’s database with the model number SCH-I425. The number fell in line with previous Verizon (VZ) devices, leading us to speculate that it could be the Stratosphere III. New images posted by Engadget on Wednesday confirmed that the handset is real, however it does not feature earlier Stratosphere devices’ signature QWERTY...

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American Idol's New Judges Make Their Debut

TV Watch American Idol 01/16/2013 at 11:00 PM EST From left: Randy Jackson, Mariah Carey, Ryan Seacrest, Nicki Minaj and Keith Urban Michael Becker/FOX. American Idol is back! Season 12 premiered Wednesday night with the first auditions in New York City. And fans...

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Large study confirms flu vaccine safe in pregnancy

NEW YORK (AP) — A large study offers reassuring news for pregnant women: It's safe to get a flu shot.The research found no evidence that the vaccine increases the risk of losing a fetus, and may prevent some deaths. Getting the flu while pregnant makes fetal death more likely, the Norwegian research showed.The flu vaccine has long been considered safe for pregnant women and their fetus. U.S. health...

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