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Morning Business Outlook: 1/30

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  • Description

    Wall Street ready to 'like' Facebook?

  • Duration 1:16
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Good morning stocks ended Friday mixed after the US economy grew slower than some expected as for the week the NASDAQ and S&P 500 make it four weeks of gains in a well but the Dow Industrials.

Lost half a percent last week it's the first European Union summit of the year leaders meet today in Brussels.

Wall Street is ready -- like FaceBook the social indictment filed registration papers for an IPO this week perhaps on Wednesday.

According to the Wall Street Journal that would mean a stock offering by day.

Just time for CEO Mark Zuckerberg 28 birthday.

Facebook's IPO is looking to raise ten million dollars within valuation of up to 100 million dollars that would make -- the same size as McDonald's.

The Obama administration wants to keep more Americans in their homes -- extending its foreclosure prevention program to 2013.

It's also expanding its time so people -- -- market and high medical bills can apply.

The home affordable modification program hand began three years ago and has helped to 900000 homeowners so far.

And beef eaters -- not the smallest cattle herd in sixty years making be more expensive.

That business for more of the day's top stories log on foxbusiness.com.

In New York online Cincinnati.

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