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Air strikes hit Kobani as Kurdish peshmerga prepare to enter

SURUC Turkey/BAGHDAD - U.S.-led air strikes hit Islamic State positions around the Syrian border town of Kobani on Friday in an apparent bid to pave the way for heavily-armed Iraqi Kurdish peshmerga forces to enter from neighboring Turkey. | Video

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U.S. consumer spending falters; wage gains highest since 2008

WASHINGTON - U.S. consumer spending fell for the first time in eight months in September, suggesting the economy lost some momentum heading into the fourth quarter.

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Accused Pennsylvania sniper appears in court after $10 million manhunt

MILFORD Pa. - A bruised and gaunt Eric Frein, captured after a seven-week manhunt and detained with the handcuffs of the Pennsylvania trooper he is accused of killing, was held without bail on Friday after facing murder charges in court. | Video

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Exxon, Chevron results boosted by refining as oil prices slip

- A surge in refining profits boosted quarterly results at Exxon Mobil Corp and Chevron Corp , helping to offset declining oil and gas production and falling crude oil prices.

1:32pm EDT

Canada security services struggle with extremist threat, resources gap

OTTAWA - Canada's spy agency and national police force are so constrained by a lack of resources that they can’t keep close track of all the Islamic extremists who may be a potential threat at home and they have also had to abandon some counter-espionage work and criminal investigations, according to current and former intelligence and police officials.

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Appeals court clears way for N.Y. police stop-and-frisk reforms

NEW YORK - New York City can finally begin to implement court-ordered reforms to its controversial stop-and-frisk police tactic, after a U.S. appeals court on Friday rejected a last-ditch challenge brought by several police unions.

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U.S. blacklists Myanmar official ahead of Obama visit

WASHINGTON - The United States on Friday imposed sanctions on a prominent lawmaker and businessman in Myanmar for undermining economic and political reforms in the country, ahead of U.S. President Barack Obama's planned visit next month.