In the largest one-day hike in history, U.S. Government debt shot up to $239 billion.
U.S. forces are scheduled to leave Iraq by 2012, but American officials want troops to stay longer.
General Motors' profit topped estimates as revenue jumped 19 percent.
Rory McIlroy said at a news conference for the Bridgestone Invitational that he was "leaning towards" rejoining the PGA tour next year. He also said he had met with the two PGA Tour officials on Wednesday.
The 22 year-old golf player revealed that he is looking to move to the States. He describes his past year as "life changing" and has considered the pros of moving to the U.S. "I'm leaning towards taking my card here again - I'm comfortable in this country and I feel like ...
Sony ruled out dumping its television business or dissolving a TV panel partnership with Samsung Electronics Co even as it looks to overhaul its lossmaking TV unit.
President Barack Obama turned his 50th birthday into a 2012 campaign fundraising bonanza on Wednesday, buoyed by a hometown crowd after what he called a frustrating period locked in a debt battle with Republicans.
It is not known where she has gone for surgery
NASA is tracking the tropical storm Emily as it approaches Haiti and other nations.
The debt deal cleared a hurdle, but now Washington needs to address the real problem.
The U.S. Debt Deal crisis has claimed another casualty: the U.S. air transportation system -- Congress has left town without funding a key Federal Aviation Administration budget: as a result, 70,000 construction and related workers have been idled, and 4,000 furloughed, work on projects valued at $11 billion has been delayed.
Apple Inc. is being aggressive defending its own IP with well publicized suits against Samsung and HTC, Barclays Capital said. Key companies in the wireless arena including Apple and Google continue to acquire and invest in IP to cement their positions.
In a surprising move on Thursday, Kraft Foods decided to split its company into two different sections: one focusing on candy and one focusing on grocery foods. IBTimes takes a look at where Kraft's most famous brands will be headed.
The rate of new HIV infections in the United States has plateaued at about 50,000 a year for the last decade, but young gay and bisexual men, particularly African-Americans, have suffered an increase.
Carbon dioxide and other air pollution that is collecting in the atmosphere like a thickening blanket, trapping the sun's heat and causing the planet to warm up. Over the past 50 years the average global temperature has increased at the fastest rate in recorded history and experts think the trend is accelerating.
Japanese Economics Minister Kaoru Yosano pressed on Thursday for the Group of Seven or Group of 20 to hold talks on managing currency moves as Japan launched intervention to weaken the yen.
The global economy is more sluggish than first thought, government bonds offer no real return, gold is super expensive and stock markets sell off at the slightest setback.
Faced with the prospect of a U.S. debt deal that could substantially shrink the military budget, U.S. Defense Secretary Leon Panetta posted a letter to Pentagon employees warning against 'misguided' cuts that could imperil the nation's security.
President Obama urged Congress on Wednesday to end the 12 day long FAA shutdown, as they recessed for the summer. The President remarked that members need not even return to town to resolve the dispute, and that it could be done through a procedural agreement when the debate resumes in September. He stated, "This is a lose, lose, lose situation that can be easily solved...."
Apple Inc?s South Korean unit has been fined with $2,885 by the telecommunication regulator for allegedly collecting users? location data without permission.
People have heard about products that are made in China and shipped to other countries but this time the Chinese chopsticks are produced in America and shipped to China.
New York City Mayor Mike Bloomberg is not waiting for Congress to address long-standing social concerns: he's donating $30 million of his money to launch a new $127 million program to improve the lives of thousands of young black and Latino men, who are cut off from New York City's civic, educational, and economic life.
Cargill has recalled about 36 million pounds of fresh and frozen ground turkey products after an investigation found that turkeys from its Springdale, Arkansas plant may have been infected with Salmonella Heidelberg.
