The narrow U.S. escape from default and its credit downgrade have added to a perception that the United States is in decline, a view that could weaken Washington's influence abroad.
Capital One Financial Corp. (NYSE: COF) has agreed to buy HSBC's credit card unit for approximately $32.7 billion, netting HSBC a $2.6 billion premium.
"Cameron and his government must leave after the popular uprising against them and the violent repression of peaceful demonstrations by police," Libya's state news agency Jana quoted Deputy Foreign Minister Khaled Kaaim as saying.
Moody's Investors Services said on Wednesday that most issuers in the U.S. municipal bond market are well insulated from shock, but added that some could be weakened during significant market volatility.
TBS axed the third season of "Lopez Tonight" because it struggled to gain viewers in the competitive field of talk shows, according to the Hollywood Reporter. In November, Lopez was bumped back an hour to a midnight slot to accommodate Conan O'Brien's "Conan" after the comedian's exit from NBC.
In an effort to protect crime victims and discourage further criminal activity, Facebook has teamed up with the California Department of Corrections and Rehabilitation to remove illegal inmate accounts from the social networking Web site.
The International Energy Agency says threats to the U.S. and global economies may cut oil demand growth next year by more than 60 percent; however, the group still sees global oil demand little changed this year and in 2012.
Economic fears are weighing heavily on Americans, with a large majority saying the United States is on the wrong track and nearly half believing the worst is yet to come, a Reuters/Ipsos poll said Wednesday.
I am puzzled as to why such disorders do not happen in America.
French President Nicholas Sarkozy ended his vacation early to deal with France's debt problem. He's challenged government leaders to come up with new measures to reduce France's deficit. They would be wise to listen, taking a lesson from the mistake the U.S. made, resulting in a credit downgrade from S&P.
Tech stocks fell only moderately Wednesday.
Bank of America Merrill Lynch?s Global Commodity Research team announced that they?ve rebalanced their actively managed commodity indices in favor of non-cyclical commodities such as gold.
Stocks fell sharply on Wednesday, wiping out most of the previous session's gains, on fears of tumult in the French banking sector, which has significant exposure to shaky European debt.
"Twilight" actor Kiowa Gordon was arrested Monday in Arizona, TMZ said.
New research revealed that widely available blood tests that predict gender are extremely accurate. Furthermore, the tests work more than seven months before the baby is born.
Woods describes the final four holes in Atlanta
The U.S. issued a softer travel warning for citizens traveling to or visiting Haiti, but still urges Americans to 'carefully consider' traveling to the country.
The Obama administration is looking for new ideas to shrink a glut of foreclosed properties held by mortgage finance giants Fannie Mae and Freddie Mac that are weighing down the housing market and hurting home prices.
With markets reeling, and the economic expansion far from self-sustaining, the pressure will be on Congress? new 'super committee' to cut the budget deficit substantially -- by more than the $1.5 trillion called for ? to calm investors.
The U.S. meets Mexico new head coach Jurgen Klinsmann's debut
Gold climbed to a third record in a row on Wednesday, extending its best rally since 2008 as a dive in French bank stocks sent new shudders through anxious financial markets, sending U.S. stocks skidding.
Gold hit fresh record highs on Wednesday as U.S. stock markets resumed their decline on concerns over the U.S. and euro zone economies, and after the Federal Reserve said U.S. interest rates would stay near zero for at least two years.
