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 Mursi holds crisis talks over power grab

CAIRO (Reuters) - Egypt's president negotiated with judges on Monday to try to defuse a crisis over his seizure of extended powers which set off violent protests reminiscent of the uprising that thrust his Islamist movement into government. The justice minister said he thought President Mohamed Mursi would agree with a proposal from the highest judicial authority to curb the scope of...

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Brad Pitt Spent Thanksgiving in London on Set

Only on People.com By Maggie Coughlan 11/26/2012 at 02:45 PM EST Brad Pitt Jean-Paul Pelissier/Reuters/Landov While most Americans celebrated Thanksgiving with family on Thursday, Brad Pitt spent his holiday with zombies on the set of World War Z in London."I didn't...

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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 falls on caution after rally, retail drags

NEW YORK (Reuters) - Stocks eased on Monday as a mixed start to the holiday shopping season, caution over Greek aid talks and budget discussions in Washington gave investors reason to pause after Wall Street posted its best week in over five months. While holiday shopping appeared to be off to a good start, analysts cautioned against reading too much into one weekend's numbers. Retailers...

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Mursi to meet judges over power grab

CAIRO (Reuters) - Egyptian President Mohamed Mursi will meet senior judges on Monday to try to ease a crisis over his seizure of new powers which has set off violent protests reminiscent of last year's revolution which brought him to power. Egypt's stock market plunged on Sunday in its first day open since Mursi issued a decree late on Thursday temporarily widening his powers and shielding...

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Saudi telco regulator suspends Mobily prepaid sim sales

(Reuters) – Saudi Arabia‘s No.2 telecom operator Etihad Etisalat Co (Mobily) has been suspended from selling pre-paid sim cards by the industry regulator, the firm said in a statement to the kingdom’s bourse on Sunday.Mobily’s sales of pre-paid, or pay-as-you-go, sim cards will remain halted until the company “fully meets the prepaid service provisioning requirements,” the telco said in the statement.These...

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Vanessa Hudgens's Pre-Thanksgiving Spin in New York

Caught in the Act 11/25/2012 at 12:45 PM EST Just ride!Vanessa Hudgens burned some calories on Thanksgiving with a SoulCycle spinning class in New York's Union Square neighborhood. "She was in the middle front row in cropped yoga pants, a pink tank top and a black sports bra," an onlooker tells PEOPLE.  Although...

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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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