The loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery have pushed markets into a new danger zone, something that policymakers have to take seriously, the head of the World Bank said on Sunday.
Former Minnesota governor Tim Pawlenty has ended his presidential campaign. After a third-place finish Saturday in the Iowa Straw Poll Pawlenty announced Sunday he's out of the GOP presidential nomination race.
The loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery have pushed markets into a new danger zone, something that policymakers have to take seriously, the head of the World Bank said on Sunday.
China should rest easy that its investments in the dollar remain safe, the newly arrived U.S. ambassador in Beijing, Gary Locke, said on Sunday, adding that the world's two biggest economies could find common ground despite economic and political strains.
Michele Bachmann won the Iowa straw poll on Saturday in the first big test of the 2012 Republican presidential campaign, as Texas Governor Rick Perry launched a White House bid that could reshape the race.
Authorities are investigating if Britain's News Corp had a broader pattern of misconduct in the United States, the Wall Street Journal reported in its online edition on Saturday.
It was Michele Bachmann's big moment in the political spotlight and Rick Perry stomped all over it.
Samsung?s monster, the strongest rival to iPhone 5, which had hit sales of 3 million within 55 day in UK is on its way to appear in U.S at the end of the month.
Women suffering from depression and taking help of antidepressants are more likely to have stroke, according to a Harvard research based on 80,000 women.
Researchers have developed a super-thin "skin-patch" that mounts onto the skin like a temporary tattoo and has an array of electronic components that allows researchers to track key vital signs from patients. The patches are already able to monitor the heart, various other muscles and brain activity.
Economist Nouriel "Dr. Doom" Roubini, the NYU professor who four years ago accurately predicted the global financial crisis, says tough medicine is needed to end it: another round of massive fiscal stimulus or a universal debt restructuring. If neither occurs, a systemic flaw will, at minimum, continue to hinder economic recovery.
Canada would consider fresh stimulus for its economy if it slipped into recession, its finance minister said on Saturday, a move that could complicate plans to return to a balanced budget by 2014/15.
The Bay Area Rapid Transit (BART) of San Francisco shut down underground cell phone communications for a few hours at various stations on Thursday night.
Republican Rick Perry, the conservative governor of Texas, on Saturday declared himself a candidate for president with a blistering attack on Democratic President Barack Obama.
A California institute plans to reboot its listening post for intelligent life in space, with private donations to replace government cutbacks.
Research in Motion's foray into the tablet space is getting more gloomy as Sprint closed the door to its 4G Playbook tablet.
After a week of wild gyrations that saw the Dow Jones Industrial Average rise or fall 400 points on four consecutive days, there?s word that a major bank in France with a funny-sounding name may be in trouble. Further, if you think a possible problem at France's Societe Generale won?t affect the value of the U.S. stocks you own, think again.
Rick Perry is officially a candidate for President of the United States. Here's five reasons the Texas Governor can beat Barack Obama.
Research in Motion was dealt another blow as Sprint announced that it won't be carrying the 4G enabled version of its Playbook tablet, dimming hopes that that iPad competitor will ever gain critical traction.
Having said no to taxes for months, Republicans now are saying maybe, in the face of public disgust over a deadlock in the Congress, a near government default and a worsening global economic crisis.
President Barack Obama said on Saturday that bitter fights between Democrats and Republicans in Washington were hurting the economy and he urged lawmakers to embrace compromise in order to boost job growth.
Britain's Finance Minister George Osborne said Saturday the country must tackle its "deep-seated" social problems after riots spread across the country last week, but said it would stick to its plan to reduce police numbers.