IBT Staff Reporter

An utterly dejected Brian Joubert admitted he needed to change his attitude from 'being a boy to a man' after his Olympic hopes were again shattered by two disappointing programs.

A flying visit to the Winter Olympics has provided Michael Phelps with fresh inspiration to stay ahead of his younger rivals in the build-up to the 2012 Summer Games in London.

Consumer prices rose less than expected in January, while prices excluding food and energy fell for the first time since 1982, according to a government report on Friday that soothed worries inflation pressures were starting to build up.

Australian Torah Bright delivered a gutsy performance to win the Olympic women's halfpipe title on Thursday before bursting into tears when she spotted her parents.

Pavol Demitra scored to end a marathon shootout and give Slovakia a shock 2-1 win over top- ranked Russia, registering the first major upset of the Olympic men's ice hockey tournament on Thursday.

Wall Street dipped on Friday after an unexpected increase in the Federal Reserve's discount rate signaled to some investors that the U.S. central bank may be starting to retreat from its easy money policy.

American Evan Lysacek glided to Olympic gold in men's figure skating on Thursday in a stunning upset of Russian Yevgeny Plushenko's pursuit of back-to-back titles.

Consumer prices rose less than expected in January, while prices excluding food and energy fell for the first time since 1982, supporting the Federal Reserve's contention it would keep its benchmark interest rate low for an extended period.

Consumer prices rose less than expected in January, while prices excluding food and energy fell for the first time since 1982, supporting the Federal Reserve's contention it would keep its benchmark interest rate low for an extended period.

A report by the Department of Health and Human Services said: These massive increases are disturbing examples of the problems that make reforming our health insurance system more important than ever.

Pooling data from 14 previous studies of moderate drinkers, researchers found that those who drank heavily every so often were 45 percent more likely to develop coronary heart disease -- where plaque buildup in the heart arteries impedes the flow of blood and oxygen.

That may explain why results of the experimental vaccine have been so difficult to interpret, said Dr. Nelson Michael, a colonel at the Walter Reed Army Research Institute of Research in Maryland, who helped lead the trial,

Wall Street looked set for a lower open on Friday after an unexpected increase in the Federal Reserve's discount rate that signaled to some investors that the U.S. central bank may be starting to retreat from its easy money policy.

U.S. department store operator J.C. Penney Co Inc reported a higher-than-expected fourth-quarter profit as improved margins from cost-cutting and leaner inventories.

Google Inc was lauded as a visionary intent on spreading the world's knowledge and reviled as a copyright infringer cavalier about protecting users' privacy in a hearing on Thursday to discuss its plan to digitize millions of books.

Computer jargon, a tick box culture and unimaginative advertising are discouraging Internet users from learning how to protect themselves online.

President Barack Obama will use a campaign stop for Senate Majority Leader Harry Reid on Friday to announce a new initiative to help support homeowners in five states hit hardest by the U.S. housing crisis.

Volkswagen's Czech unit Skoda Auto has plans for a new model, its union's weekly newsletter reported, although details of its pricing and production schedule are still not certain.

Chrysler Group LLC reached a deal on Thursday with the shell company holding its old assets to acquire a Sterling Heights, Michigan, assembly plant for $20 million, according to U.S. Bankruptcy Court documents.

Stock index futures fell on Friday on a surprise increase in the Federal Reserve's discount rate that signaled to some investors that the U.S. central bank may be starting to retreat from its easy money policy.

Honda Motor Co has taken a big step toward developing a new hybrid system for larger cars, its head of automobile research and development said on Friday, indicating a finished product could be about three years away.

President Barack Obama on Thursday set up a bipartisan commission to tackle stubborn U.S. budget deficits, though many are skeptical Washington has the stomach right now for the tough remedies needed to address spiraling deficits and debt.

Fewer than two in 10 Americans are confident of their ability to invest in the stock market, although 60 percent still believe equities are important in a portfolio.

Top White House adviser Lawrence Summers on Thursday played down the significance of a decline in China's holdings of U.S. Treasuries.

The top U.S. Marine in the Pacific said on Friday that his forces needed to be based on the southern island of Okinawa for strategic reasons, as Tokyo struggles to resolve a dispute with Washington over relocating a base.

The head of Toyota Motor Corp will need a crash course in preparing for his debut in the U.S. Congress next week.

China accused President Barack Obama of damaging ties by meeting the Dalai Lama and said it was up to Washington to repair relations between the two global powers, while stopping short of threats of retaliation.

Whenever Afghanistan's Taliban turn up the heat in the battle with U.S. Marines, the troops have to think twice before retaliating or calling in air strikes in order to avoid civilian casualties.

Stock index futures dipped on Friday on a surprise announcement by the Federal Reserve that signaled to some investors that the central bank may be retreating from its easy money policy.