UNITED STATES

Gold lost its appeal as a safe haven on Monday, falling over 2 percent as fears of a Greek debt default and larger euro zone problems drove investors into bonds and the dollar.

With the U.S. stock market tanking in late 2011 due to a myriad of issues, mainly the stagnant U.S. economy and Europe's sovereign debt, many investors have sold out and ducked for cover.

Netflix just can't seem to get it right. Late Sunday night, company co-founder and CEO Reed Hastings apologized for mishandling a 60 percent price hike in June while announcing that the company was changing the name of its DVD mailing service to Qwikster.

Treasury Secretary Timothy Geithner said on Monday he believes that European leaders will incorporate some lessons and methods employed by the United States during the financial crisis as they work to quell their sovereign debt woes.

Study shows that child abusive head trauma increased during economic recession.

Unnder President Barack Obama's deficit reduction plan, the U.S. Postal Service would be given the option of ending Saturday delivery in order to cut costs and help the government agency balance its budget.

Five arrests were made on the third day of Occupy Wall Street protests in New York's Financial District.

Greece pledged to take on as much austerity as needed to secure further aid and launched talks on Monday with its international lenders that may determine if it can avoid a default.

The European Union will call on China this week to boost domestic demand and on the United States and Japan to tackle their public deficits as part of global efforts to rebalance growth, an EU document showed.

Text messaging among U.S. adults has leveled off, according to a study.In 2011, American adults sent or received an average of 41.5 text messages a day, about the same number they sent or received in 2010, according to a new report from the Pew Internet and American Life Project. The report is titled, Americans and Text Messaging.

Between 1960 and 2008, the percentage of eligible voters who have bothered to cast their ballots during the presidential elections have ranged from about 49 percent to 63 percent.

Due to low demand, the world's largest sperm bank, Cyros International, claims that it can no longer accept donations from redheads.

At this point, no foul play is suspected.

Sarah N. LynchFinancial firms would be restricted from betting against the bundled financial products they create and sell to investors, under a proposal issued by U.S. securities regulators on Monday.

Violent crime in the U.S. declined for the fourth year in a row in 2010, the FBI announced Monday, in its annual Crime in the United States reported. All four categories of violent crime decreased, despite the fact budget cutbacks resulted in fewer law enforcement staff nationally. Pproperty crimes (excluding arson) victims lost an estimated $15.7 billion in 2010.

Dominique Strauss-Kahn spoke publicly for the first time since returning to France. During an interview on French television station TF1 on Sunday night, the former head of the International Monetary Fund expressed his infinite regret over his affair with hotel maid Nafissatou Diallo in May.

Fannie Mae and Freddie Mac, the country's two largest mortgage finance providers, are expected to gradually increase the fees they charge lenders in the next year, their federal regulator said on Monday.

Samsung, the South Korean electronics giant, is planning to take strong legal actions to ban iPhone 5, expected sometime in October, in Korean market, according to a new report.

China will be the dominant economic power in 2030, even if the U.S. economy stages a turnaround as it did in the 1990s, argues Arvind Subramanian, author of upcoming book Eclipse: Living in the Shadow of China's Economic Dominance.

Palestinian leaders have reaffirmed their commitment to seek United Nations membership -- a stance that puts them at odds with the U.S. position. The Obama administration maintains that direct negotiations between Israel and the Palestinians remains the only route to reconciliation.

Underwriters or sponsors of asset-backed securities would be banned for one year from taking positions to profit from investors' losses under a plan proposed by U.S. securities regulators on Monday.