Europe is likely already in a mild recession, and the United States could very well join it, but the global economic turmoil is unlikely to reach the depths of the 2008 downturn, Morgan Stanley's Stephen Roach said on Tuesday.
Democrat Earl Ray Tomblin held on for a slim victory in a special election for governor of West Virginia Tuesday, narrowly preventing a third state special election embarrassment for President Barack Obama.
Amanda Knox finally returned home to Seattle, Washington Tuesday, a day after she was acquitted of the murder of British student Meredith Kercher.
Apple unveiled on the event on Tuesday the iPhone 4S, a major upgrade over its previous iPhone 4 model having iOS 5, iCloud and Siri.
Asian stocks rebounded from steep losses over the past several sessions on Wednesday, after tentative signs that European leaders are stepping up their efforts to stop the region's sovereign debt woes from sparking a full-blown banking crisis.
Chipmaker Intel Corp has agreed to acquire mobile navigation software maker Telmap, the chief executive of the Israel-based company said on Sunday.
Asian stocks trimmed earlier gains Wednesday as investors remained skeptical about whether European leaders are going far enough their efforts to stop the region's sovereign debt woes from sparking a full-blown banking crisis.
Controversial new drama The Playboy Club was axed on Tuesday by NBC after just three episodes, making it the first victim of the new fall TV season.
The Tiger Woods factor has overshadowed the build-up to this week's Frys.com Open at CordeValle Golf Club where the former world number one will make his first PGA Tour appearance in almost two months.
A tearful and overwhelmed Amanda Knox returned home to Seattle on Tuesday, a day after an Italian appeals court cleared her of murder, and said she just wanted to spend time with her family.
The iPhone 5 mystery remained a mystery after all. The tech world was utterly disappointed as Apple announced iPhone 4S, not iPhone 5, at its Let's talk iPhone event on Tuesday.
Greece will default on its debts, Ireland could too and Greek Prime Minister George Papandreou and German Chancellor Angela Merkel will be forced out as Europe's financial crisis plays out, author Michael Lewis predicted on Tuesday.
Sprint Nextel confirmed that it will sell the next version of Apple Inc's (AAPL.O) iPhone, ending months of speculation about whether it would become the third U.S. operator to sell the popular device.
Amanda Knox returned home to Seattle on Tuesday, one day after an Italian court cleared the 24-year-old college student of murder and freed her from prison.
France and Belgium rushed to the aid of Dexia SA on Tuesday, in what will be the first state rescue of a European bank in the euro zone sovereign debt crisis.
Apple Inc took the wraps off a new iPhone on Tuesday, but may have left some fans wishing for more than an updated version of last year's smartphone.
Apple set to unveil new iPhone after 15 month hiatus
The chances of a new U.S. recession are rising rapidly as employment and housing remain depressed and Europe's debt crisis threatens to spill over, according to a number of prominent economists.
KFC parent Yum Brands Inc posted a quarterly profit that failed to assuage investor worries about slowing growth in China, its biggest market.
Actor Seth Rogen married his long-term girlfriend, screenwriter Lauren Miller, in a ceremony on Sunday.
The chairman of the House of Representatives intelligence committee on Tuesday accused China of widespread cyber economic espionage and said many U.S. firms were afraid to come forward for fear their computers would be the targets of even more attacks.
Relativity Media has become the first studio to partner with the digital music service Spotify for film promotion, announcing on Monday that it will run promotional media on the service to boost the November 11 launch of the action-adventure film Immortals.