How the major stock indexes fared on Friday (AP)

AP - Stocks closed out their worst month in more than a year by sliding again on more unsettling news about Europe.

Wall Street slides on Spain downgrade (Reuters)

A trading specialist on the floor of the New York Stock Exchange, May 25, 2010. REUTERS/Brendan McDermidReuters - Stocks fell on Friday, capping off their worst month in over a year as a downgrade by Fitch of Spain's credit rating reignited worries about euro-zone debt issues.


Are You Prepared For an Unexpected Retirement?

Sun Life Financial interviewed a group of people who retired involuntarily. This survey calls us to question our current preparations for retirement. Are we maximizing our retirement planning right now, or are we putting it off until later? Procrastination could put you and your family at risk if something happened to your current occupation.

Are You Prepared For an Unexpected Retirement?

Sun Life Financial interviewed a group of people who retired involuntarily. This survey calls us to question our current preparations for retirement. Are we maximizing our retirement planning right now, or are we putting it off until later? Procrastination could put you and your family at risk if something happened to your current occupation.

iPhone-Sized Apple TV Could Appeal To Gamers

Hooking an iPhone to a TV is hardly the first thing that would cross the minds of the smartphone's millions of users. But with Apple's sister device, Apple TV, selling far slower than the iPhone after almost three years on the market, the company may be looking for a winning combination.

A source close to the computer giant reportedly told a tech site that Apple TV is getting a major revamp. The next generation may be smaller and leaner but pack more value, run the latest iPhone operating system and, with only 16 gigabytes of storage, depend on cloud content, according to a report in Engadget, which said the device -- essentially an iPhone sans touchscreen -- could be as cheap as $99.

That's a big change from the current $229 Apple TV with 160-gigabyte hard drive that sends content from iTunes, YouTube, Flickr and other sites or services to high-definition television screens. The report said the new Apple TV will be internally the same as the imminent iPhone 4G, with an A4 processor and capable of 1080p HD.

Gamer's Delight?

One group of consumers who could benefit from the new device is gamers.

"While some of the games for the iPhone, iPad and iPod touch are touch-centric, other games would work quite well with a more traditional game controller," said Michael Inouye, a digital-home analyst for ABI Research.

"In fact, some might argue the touch interface is simply serviceable but not ideal for some games," Inouye added. "So if Apple were to include or offer a game controller for the Apple TV, the device could potentially become a game platform as well."

If the Apple TV platform described in the report is similar in design to the iPhone, it could have widespread appeal to casual gamers, who have been found by Nintendo to be a...



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