U.S. growth cools in fourth quarter, but consumer spending robust

WASHINGTON - U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006.

Recent Top News

Printer maker Xerox's profit beats Street on lower costs

- Xerox Corp , best known for its printers and copiers, reported a slightly better-than-expected quarterly profit as expenses declined 4 percent.

7:40am EST

Islamic State attacks near Kirkuk, bombs kill 18 in Baghdad

BAGHDAD - Islamic State militants struck at Kurdish forces southwest of the Iraqi city of Kirkuk on Friday morning, while bombs in Baghdad and Samarra killed at least 21 people, security and medical sources said.

World, Iraq 7:45am EST

Egypt's Sisi cuts short Ethiopia visit after 30 killed in Sinai

CAIRO/ISMAILIA - Egyptian President Abdel Fattah al-Sisi cut short a visit to Ethiopia for an African Union summit on Friday, after Islamic State's Egyptian wing claimed the killing of at least 30 security personnel in the Sinai Peninsula.

World, Egypt, Africa 8:10am EST

Rebel envoy says traveling to Minsk for talks with Russia, Ukraine, OSCE

KIEV - A representative of pro-Russian rebels said on Friday he was traveling to the Belarussian capital Minsk for talks with envoys from Kiev, Moscow and the Organization for Security and Cooperation in Europe, a separatist news agency reported.

World, Russia 5:12am EST

Philippine leader vows justice for police but warns on anger

MANILA - Philippine President Benigno Aquino on Friday promised justice for 44 policemen killed in a clash with Muslim rebels but, underscoring his calls for the violence not to derail peace efforts, warned against an angry response to the violence.

6:37am EST