From: The Wall Street Journal on Thu, Jul 14 2011 5:57 PM

Watch a film clip from the 2010 South African drama "Life, Above All". Courtesy Sony Pictures Classics.

From: The Wall Street Journal on Thu, Jul 14 2011 5:46 PM

The highest-priced home in the U.S. has sold-at a steep discount. Aaron Spelling’s Beverly Hills mansion closed Thursday for $85 million, or 43% off its $150 million asking price, Juliet Chung reports.

From: The Wall Street Journal on Thu, Jul 14 2011 5:46 PM

A Palm Springs house once owned by Dinah Shore has sold for $4.9 million, down from a $6 million sale price in 2009, Juliet Chung reports.

From: The Wall Street Journal on Thu, Jul 14 2011 5:46 PM

NFL Hall of Famer Deion Sanders has taken his more than 29,000-square-foor home outside Dallas off the market. On 109 acres, it had been priced at $21 million since 2009.

From: The Wall Street Journal on Thu, Jul 14 2011 5:46 PM

NFL Hall of Famer Deion Sanders has taken his more than 29,000-square-foor home outside Dallas off the market. On 109 acres, it had been priced at $21 million since 2009.

From: The Wall Street Journal on Thu, Jul 14 2011 5:46 PM

San Francisco technology investor and entrepreneur Peter Thiel has bought an oceanfront home in Maui for $27 million, believed to be the biggest deal for a single-family home in Maui County, Juliet Chung reports.

From: The Wall Street Journal on Thu, Jul 14 2011 5:19 PM

South Sudan became the newest member of United Nations on Thursday, as it joined the world’s top club amid pledges to help one of the planet's poorest states take its first steps. Video courtesy of AFP.

From: The Wall Street Journal on Thu, Jul 14 2011 4:52 PM

Miami-bred rap star Pitbull talks to the WSJ’s Lee Hawkins about how he's leveraging his popularity as a rapper to score sponsorship deals and the changing business model in the music industry.

From: The Wall Street Journal on Thu, Jul 14 2011 4:52 PM

Miami-bred rap star Pitbull talks to the WSJ’s Lee Hawkins about how he's leveraging his popularity as a rapper to score sponsorship deals and the changing business model in the music industry.

From: The Wall Street Journal on Thu, Jul 14 2011 4:38 PM

MarketWatch’s Dan Gallagher previews Google's earnings report, due Thursday afternoon.

From: The Wall Street Journal on Thu, Jul 14 2011 4:26 PM

AllThingsD.com’s Peter Kafka looks at Spotify's new online music service, including what it will need to succeed among users.

From: The Wall Street Journal on Thu, Jul 14 2011 2:59 PM

Melissa McCarthy and Joshua Jackson announce the 2011 Emmy Nominations from Los Angeles, CA.

From: The Wall Street Journal on Thu, Jul 14 2011 2:59 PM

America is on the edge of an obesity epidemic. Two highly respected doctors have come up with a radical idea to solve the nation’s childhood obesity problem - put the kids in foster care. Video courtesy of Fox News. Image courtesy of Getty Images.

From: The Wall Street Journal on Thu, Jul 14 2011 2:53 PM

Mary Kissel and Matthew Kaminski of the editorial board discuss the bombings in India.

From: The Wall Street Journal on Thu, Jul 14 2011 1:28 PM

The Sarah Palin documentary "The Undefeated" opens in 10 cities this weekend. Video courtesy of AFP.

From: The Wall Street Journal on Thu, Jul 14 2011 12:25 PM

Stocks staged a modest advance in early trading after beat earnings estimates and a rush of economic data helped shift markets' focus away from the stalled U.S. debt-ceiling debate. Paul Vigna and Michael Santoli discuss. (Photo: Getty Images.)

From: The Wall Street Journal on Thu, Jul 14 2011 12:25 PM

J.P. Morgan Chase’s second-quarter profit rose 13% as investment banking operations again posted surging revenue and profit, more than making up for more mortgage-related charges and weakness in retail banking. David Benoit has details. (Photo: AP Photo.)

From: The Wall Street Journal on Thu, Jul 14 2011 12:25 PM

Despite a warning from Moody’s on the U.S.'s credit rating, markets acted if a U.S. downgrade wasn't likely to happen, and kept up brisk trading. Plus, Borders is on shaky ground after losing an investor, municipalities are turning to banks for loans and J.P. Morgan beats analyst forec...

From: The Wall Street Journal on Thu, Jul 14 2011 12:25 PM

Credit rating agencies moved closer to an unprecedented downgrade of the U.S.'s debt amid deteriorating talks in Washington, but the financial markets don’t seem to be too worried, Katy Burns reports. (Photo: AFP / Getty Images.)

From: The Wall Street Journal on Thu, Jul 14 2011 12:24 PM

Michael Corkery discusses how a growing number of municipalities are shifting away from issuing bonds and instead turning to banks to raise much-needed capital. (Photo: AP Photo.)