Wall Street slips on cliff caution, but homebuilders shine

NEW YORK (Reuters) - Stocks declined on Tuesday as wrangling continued in Washington over budget talks, while homebuilders' stocks outperformed the broader market after positive data. Strengthening the case for a sustained rebound in housing, single-family home prices rose for an eighth straight month in September. The PHLX housing sector index <.hgx> advanced 0.5 percent, with...

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Egypt’s President Said to Limit Scope of Judicial Decree

CAIRO — President Mohamed Morsi agreed Monday to scale back a sweeping decree he had issued last week that raised his edicts above any judicial review, according to a report by a television network allied with his party. The agreement, reached with top judicial authorities, would leave most of Mr. Morsi’s actions subject to review by the courts, but preserve a crucial power: protecting the constitutional...

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Online sales jump 24 percent early on Cyber Monday: IBM

SAN FRANCISCO (Reuters) – Online sales jumped during the first hours of Cyber Monday suggesting strong growth from earlier in the holiday shopping season continues, according to data from International Business Machines Corp.Online sales were up 24.1 percent as of 12:00pm EST on Cyber Monday, compared to the same period a year earlier, said IBM, which tracks transaction data from 500 U.S. retail websites....

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Angus T. Jones: 'Please Stop Watching Two and a Half Men'

TV Watch 11/26/2012 at 03:15 PM EST Has Angus T. Jones pulled a Charlie Sheen?The 19-year-old Two and a Half Men star has spoken out against the CBS sitcom in a manner that's sure to ruffle some network feathers. "If you watch Two and Half Men, please stop watching Two and Half Men," Jones says in a video posted...

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Bounce houses a party hit but kids' injuries soar

CHICAGO (AP) — They may be a big hit at kids' birthday parties, but inflatable bounce houses can be dangerous, with the number of injuries soaring in recent years, a nationwide study found.Kids often crowd into bounce houses, and jumping up and down can send other children flying into the air, too.The numbers suggest 30 U.S. children a day are treated in emergency rooms for broken bones, sprains,...

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Wall Street slips after recent rally, retailers off

NEW YORK (Reuters) - Stocks slipped on Monday after Wall Street posted its best week in over five months as investors reacted to a lack of visible progress in budget deficit discussions in Washington. The S&P 500 was holding above the 1,400 level it retook last week, and volume continued to be weak as traders awaited any advance in talks over a series of spending cuts and tax hikes...

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Bangladesh Fire Kills More Than 100 and Injures Many

MUMBAI — More than 100 people died Saturday and Sunday in a fire at a garment factory outside Dhaka, Bangladesh, in one of the worst industrial tragedies in that country. It took firefighters all night to put out the blaze at the factory, Tazreen Fashions, after it started about 7 p.m. on Saturday, a retired fire official said by telephone from Dhaka, the capital. At least 111 people were...

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Tom Cruise Films Helicopter Scene in Empty Trafalgar Square

11/25/2012 at 03:15 PM EST Tom Cruise in Trafalgar Square FameFlynet Back to work! After spending Thanksgiving with daughter Suri, 6, Tom Cruise filmed scenes for the sci-fi action film All You Need Is Kill in London on Sunday. The actor, who plays alien fighter...

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AP PHOTOS: Simple surgery heals blind Indonesians

PADANG SIDEMPUAN, Indonesia (AP) — They came from the remotest parts of Indonesia, taking crowded overnight ferries and riding for hours in cars or buses — all in the hope that a simple, and free, surgical procedure would restore their eyesight.Many patients were elderly and needed help to reach two hospitals in Sumatra where mass eye camps were held earlier this month by Nepalese surgeon Dr. Sanduk...

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Wall Street Week Ahead: Political wrangling to pinch market's nerves

NEW YORK (Reuters) - Volatility is the name of this game. With the S&P 500 above 1,400 after five days of gains, traders will be hard pressed not to cash in on the advance at the first sign of trouble during negotiations over tax hikes and spending cuts that resume next week in Washington. President Barack Obama and U.S. congressional leaders are expected to discuss ways...

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