UNITED STATES

House Passes Spending Bill as Showdown Looms

GOP
Republicans in the House of Representatives regrouped Friday to approve a must-pass spending bill, but the prospect of a government shutdown loomed as Democrats said it would go nowhere in the Senate.
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U.S. Gold Futures in Steepest Loss in a Month

U.S. gold futures posted their steepest losses in a month on Thursday, dragged down by a global flight from risk that raises new questions about bullion's value as a safe haven and the sustainability of its long rally.
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Top 10 Billionaires of the World in 2011 [PHOTOS]

Forbes' latest list of billionaires, which was published on Wednesday, has a few surprises on it. The world has now 1,210 billionaires, with a total net worth of $4.5 trillion. The number of billionaires has doubled in China while Moscow surpasses all other cities in the number of billionaires.
Swiss bank UBS CEO Oswald Gruebel attends his company's second quarter 2011 results news conference in Zurich

UBS Board Considers Fate of Shaky Investment Bank

The board of UBS meets on Friday amid the glamour of Singapore's Grand Prix event to decide the future of its scandal-hit investment bank and CEO Oswald Gruebel, on whose watch it lost $2.3 billion in rogue trading.
Traders work on the floor of the New York Stock Exchange

Stock Futures Rise After Thursday's Sell-off

Stock index futures pointed to a higher open on Wall Street on Friday after steep declines the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up by between 0.6 and 0.8 percent.
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Electronic Payments Summit Finds Google Wallet as Promising

Jefferies' 2011 Electronic Payments Summit was held in New York on Sept. 20. The summit had six panel discussions focusing on private equity, prepaid, regulatory and legislative landscape, merchants and merchant acquirers, the future of U.S. debit and mobile money
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Geithner slams China's intellectual property policies

Treasury Secretary Timothy Geithner said on Thursday that China is holding to its decades-old strategy to steal American intellectual property, in a pointed statement reflecting U.S. officials' growing impatience with Beijing.
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G20 pledge offers respite for shares, euro

European shares inched up from 26-month lows on Friday and the euro rose after the G20 major economies pledged to preserve financial stability, but risk sentiment remained fragile on fears of renewed recession in the developed world.
Traders work at their desks in front of the DAX index board at Frankfurt's stock exchange

European Stocks Seen up Despite Slide in Asia

European shares were poised to claw their way off 26-month lows on Friday, but Asian stocks slid on fears of renewed recession in the developed world and as a pledge from the G20 to preserve financial stability left investors largely unimpressed.
Senden of Australia hits off the fourth tee during round one of the Tour Championship PGA golf tournament in Atlanta.

Extra Cup Pressure for Senden at East Lake

With Presidents Cup aspirations looming large among other major incentives this week, John Senden put himself under extra pressure by making an erratic start to the Tour Championship on Thursday.
Former Governor of California Arnold Schwarzenegger shakes hands with fans at Ballhausplatz in Vienna

Schwarzenegger to Write Unbelievably True Nemoir

Arnold Schwarzenegger is writing a memoir about his rise to fame and unlikely transition from Austrian-born champion bodybuilder to Hollywood action star to California governor, his publisher said on Thursday.
Singer Bruno Mars performs on NBC's "Today" show in New York June 24, 2011.

Bruno Mars' Song on Breaking Dawn Soundtrack

It Will Rain by Bruno Mars will be the first song from the upcoming soundtrack for The Twilight Saga: Breaking Dawn - Part 1, the film's studio Summit Entertainment said on Thursday.
Tyra Banks

Tyra Banks' 'Modelland' Has a Slice of Own Life Experiences

Tyra Banks could not help but have tears in her eyes when she saw a photo posted by a fan of hers, promoting the release of her book. Her book Modelland is sure a fiction, but does incoporate Banks' personal encounters as a celebrity.
U.S. President Obama holds a rally celebrating passage of the health insurance reform bill in Washington

Obama Says American Jobs can Help the World

U.S. President Barack Obama sought support for his job creation plan at a philanthropic summit on Wednesday, saying improving the prospects of the world's richest economy was good for the world.

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