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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Armstrong's enemies find vindication, sadness

First shunned, then vilified by Lance Armstrong, Mike Anderson had to move to the other side of the world to get his life back.Now running a bike shop outside of Wellington, New Zealand, Armstrong's former assistant watched news reports about his former boss confessing to performance-enhancing drug use with only mild interest. If Anderson never hears Armstrong's voice again, it would be too soon."He...

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Latest Inaugural Forecast: Bit Warmer Than in 2009

Consider it the first fact check of a Barack Obama campaign pledge for his second term: Will he, or Mother Nature, deliver on promised warmer Inauguration Day weather?It’s shaping up as a close call.In September, while campaigning in Colorado, Obama was talking to a potential voter who mentioned he had been one of the hundreds of thousands of people outdoors at Obama‘s bone-chilling first inaugural...

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Why Africa backs French in Mali

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Ricketts: Cubs will fund renovation if city eases Wrigley restrictions

Cubs Chairman Tom Ricketts discusses Sammy Sosa and the renovation of Wrigley Field. Cubs Chairman Tom Ricketts said the team...

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Consumer sentiment at year low; fiscal debate weighs

NEW YORK (Reuters) - Consumer sentiment unexpectedly deteriorated for a second straight month to its lowest in over a year in January, with many consumers citing fallout from the recent "fiscal cliff" debate in Washington, a survey released on Friday showed. The sharp drop in sentiment over the last two months coincides with rancorous federal budget negotiations that have led to higher...

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Anti-doping officials say Armstrong must say more

For anti-doping officials, Lance Armstrong's admission of cheating was only a start. Now they want him to give details — lots of them — to clean up his sport.Armstrong's much-awaited confession to Oprah Winfrey made for riveting television, but if the disgraced cyclist wants to take things further, it will involve several long days in meetings with anti-doping officials who have very specific questions:...

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Storms Turn Up Lard from WWII Shipwreck

After storms lashed Scotland over the holidays, some strange World War II-era relics turned up on the country’s chilly coast, including decades-old lard from a shipwreck and bunker blocks buried on a beach, local officials said.At St. Cyrus Natural Reserve, about 100 miles (160 kilometers) north of Edinburgh, four large chunks of lard washed up after the storms. Though their wooden containers disintegrated...

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U.S. 'needs tougher child labor rules'

Cristina Traina says in his second term, Obama must address weaknesses in child farm labor standards STORY HIGHLIGHTSCristina Traina: Obama should strengthen child farm labor standardsShe says Labor Dept. rules allow kids to work long hours for little pay on commercial farmsShe says Obama administration scrapped Labor Dept. chief's proposal for tightening rulesShe says Labor Dept. must fix lax standards...

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Autopsy today for lottery winner poisoned by cyanide

The body of poisoned lottery winner, Urooj Khan, is exhumed at Rosehill Cemetery in Chicago on Friday, Jan. 18, 2013. (John J. Kim, Chicago Tribune) ...

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Foreigners still trapped in Sahara hostage crisis

ALGIERS/IN AMENAS, Algeria (Reuters) - More than 20 foreigners were captive or missing inside a desert gas plant on Saturday, nearly two days after the Algerian army launched an assault to free them that saw many hostages killed. The standoff between the Algerian army and al Qaeda-linked gunmen - one of the biggest international hostage crises in decades - entered its fourth day, having...

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Housing, job data push S&P to five-year high; Intel down late

NEW YORK (Reuters) - Stronger-than-expected data on housing starts and jobless claims lit a fire under stocks on Thursday, pushing the S&P 500 to a five-year high and its third day of gains. A pair of economic reports lifted investors' sentiment. The number of Americans filing new claims for unemployment benefits fell to a five-year low last week and housing starts jumped last month...

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Te'o mentioned 'girlfriend' twice recently

SOUTH BEND, Ind. (AP) — Not once but twice after he supposedly discovered his online girlfriend of three years never even existed, Notre Dame All-American linebacker Manti Te'o perpetuated the heartbreaking story about her death.An Associated Press review of news coverage found that the Heisman Trophy runner-up talked about his doomed love in a Web interview on Dec. 8 and again in a newspaper interview...

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Next Space Station Crew Faces Out-of-This-World Final Exams

An American astronaut and two Russian cosmonauts are preparing to join the crew of the International Space Station in March, but before they blast off, they’ll have to face the thing all students dread: final exams.NASA astronaut Chris Cassidy, along with Alexander Misurkin and Pavel Vinogradov of Russia, are due to launch toward the space station aboard a Russian Soyuz spacecraft on March 28. They...

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Why U.S. needs tougher child labor rules

Cristina Traina says in his second term, Obama must address weaknesses in child farm labor standards STORY HIGHLIGHTSCristina Traina: Obama should strengthen child farm labor standardsShe says Labor Dept. rules allow kids to work long hours for little pay on commercial farmsShe says Obama administration scrapped Labor Dept. chief's proposal for tightening rulesShe says Labor Dept. must fix lax standards...

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2 in custody after shooting death of teen

The mother and aunt of 17-year-old Tyrone Lawson, who was killed after watching a prep basketball game at Chicago State University on Jan. 16, 2013, talk about the incident. ...

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