Wall Street dips as profits booked after rally

NEW YORK (Reuters) - Stocks edged lower on Thursday as investors locked in gains after a rally Wednesday, which was spurred by a deal by U.S. lawmakers to avert a "fiscal cliff" of austerity measures that had been due to kick in this year. Losses were limited, however, by better-than-expected data that showed U.S. private-sector employers added 215,000 jobs in December. That was well...

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Used to Hardship, Latvia Accepts Austerity, and Its Pain Eases

RIGA, Latvia — When a credit-fueled economic boom turned to bust in this tiny Baltic nation in 2008, Didzis Krumins, who ran a small architectural company, fired his staff one by one and then shut down the business. He watched in dismay as Latvia’s misery deepened under a harsh austerity drive that scythed wages, jobs and state financing for schools and hospitals. But instead of taking to...

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Apple testing new iPhone, iOS 7: report

(Reuters) – Apple Inc has started testing a new iPhone and the next version of its iOS software, news website The Next Web reported.Apple shares were up 2.6 percent at $ 546.06 in premarket trading. The stock closed at $ 532.17 on the Nasdaq on Monday.Application developers have found in their app usage logs references to a new iPhone identifier, iPhone 6.1, running iOS 7 operating system, the website...

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Kate and William Spent New Year's Eve Apart

By Simon Perry 01/02/2013 at 10:30 AM EST The Duke and Duchess of Cambridge kicked off 2013 apart from one other – with helicopter pilot William participating in an attempted rescue of a man who had been swept out to sea in the first minutes of the New Year.William, 30, was part of an RAF search and rescue crew scrambled at around 12:30...

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Brain image study: Fructose may spur overeating

This is your brain on sugar — for real. Scientists have used imaging tests to show for the first time that fructose, a sugar that saturates the American diet, can trigger brain changes that may lead to overeating.After drinking a fructose beverage, the brain doesn't register the feeling of being full as it does when simple glucose is consumed, researchers found.It's a small study and does not prove...

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Wall Street surges in wake of fiscal pact

NEW YORK (Reuters) - Stocks surged on the first trading day of 2013 after lawmakers agreed a deal to avoid massive tax hikes and spending cuts that had threatened to hurt economic growth. The gains come after stocks ended 2012 with their strongest day in more than a month, which put the S&P 500 up 13.4 percent for the year, after a flat performance in 2011. Late on Tuesday,...

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India Ink: Delhi Starts Women's Hotline

The Delhi government started a 24-hour hotline for women on Monday, in an effort to address sexual harassment and violence against women in the city.Women needing help in the nation’s capital can now dial 181, and a counselor will offer relevant phone numbers of government agencies and contact the police if necessary.“Any lady in any sort of problem” can call, said Jhuma Ganguly, a duty counselor...

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Kim Kardashian Steps Out for New Year's Party after Pregnancy Announcement

By Mark Gray 01/01/2013 at 10:20 AM EST Kanye West and Kim Kardashian Denise Truscello/WireImage The year 2012 was good for Kim Kardashian. But, oh baby, is she ready for 2013! "It's been so exciting," she told PEOPLE of the whirlwind of emotions she's felt...

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Clinton receiving blood thinners to dissolve clot

WASHINGTON (AP) — Doctors treating Secretary of State Hillary Rodham Clinton for a blood clot in her head said blood thinners are being used to dissolve the clot and they are confident she will make a full recovery.Clinton didn't suffer a stroke or neurological damage from the clot that formed after she suffered a concussion during a fainting spell at her home in early December, doctors said in a...

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Senate approves "fiscal cliff" deal, crisis eased

WASHINGTON (Reuters) - The Senate moved the U.S. economy back from the edge of a "fiscal cliff" on Tuesday, voting to avoid imminent tax hikes and spending cuts in a bipartisan deal that could still face stiff challenges in the House of Representatives. In a rare New Year's session at around 2 a.m. EST (0700 GMT), senators voted 89-8 to raise some taxes on the wealthy while making permanent...

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