Establishing the contours of a massive debt deal consumed all of Congress, but filling in the $1.5 trillion details will be the responsibility of a mere dozen lawmakers.
Divers pulled the body of a missing 11-year-old girl, Celina Cass, from the Connecticut River on Monday not far from her New Hampshire home, and her death was being investigated as suspicious, authorities said.
Apple won a big settlement against Samsung in Australia on Monday, a decision that could have far-reaching implications.
Overnight thunderstorms peppered the Northeast on Monday and threatened to return with damaging wind gusts and hail as record-breaking heat tightened its grip on the Southern and Central Plains.
Congress was poised on Tuesday to grant final approval to a deficit-cutting package that will avert a debt default but may not be enough to prevent a damaging downgrade of the top-notch American credit rating.
Senate Republican Leader Mitch McConnell displayed his skills as a dealmaker to avert an unprecedented debt default that could have blown a hole in the U.S. economy and stung his party in next year's elections.
Consumer spending unexpectedly fell in June to post the first decline in nearly two years as incomes barely rose, a government report showed, suggesting economic growth could remain subdued in the third quarter.
Treasury Secretary Timothy Geithner said he is not sure whether the bitterly fought debt agreement to be considered Tuesday by the Senate will avoid a downgrade of the U.S. top-tier credit rating.
Politicians and lobbyists exhausted from a bruising and tortuous debate over a debt deal are already turning their attention to a dozen-member Congressional "super committee" that will be responsible for laying out some $1.5 trillion in cuts. Will they be able to find them?
The golf legend hears from two NBA Hall of Famers
Police found over half a ton of drugs in an abandoned truck in Panama.
Representative Gabrielle Giffords returned to the U.S. House on Monday night for the first time since an assassination attempt, drawing thunderous applause in a rare moment of unity during a contentious vote to raise the U.S. debt ceiling.
Consumer spending dropped in June for the first time in nearly two years and incomes barely rose, signs the economy lacked momentum as the second quarter drew to a close.
In the tough economy, people are buying less Coors beer. Molson Coors Brewing Co. said Tuesday weak sales hurt quarterly profits, citing weak economic conditions, sentiment that was underscored hours later when the U.S. Commerce Department released figures show consumer gains combined with rising fuel costs prompted Americans to pinch dollars more tightly -- and beer was apparently one of the items cut.
The pre-sale hype of rumors around iPhone 5 has gained some extension now that one report has claimed that Apple's next-generation iPhone will be released in October, not September.Hold your breath a little more - the iPhone 5 will be worth the prolonged wait, because the upgrade is now said to be more significant than expected.
In an increasingly familiar pattern of the federal government challenging tough new state immigration laws, the U.S. Justice Department filed a lawsuit on Monday in an effort to halt an Alabama measure that has been described as the toughest in the nation.
Toyota Motor Corp slumped to its first quarterly loss in two years after the March 11 disaster virtually halted production, and the Japanese auto giant warned the stronger yen was hobbling it in the battle against South Korean rivals.
MolsonCoors, maker of Coors Light and Blue Moon beers, posted lower than expected earnings on Tuesday, as commodity costs rose while sales dropped.
Not only is the Web-search giant Google at odds with Apple, Microsoft's assault on Google in Internet search and search advertising through their own search engine 'Bing' serves as another attack on the home front and as competitive challenges in the technology industry grow.
The United States is poised to step back from the brink of economic disaster on Tuesday when a bitterly fought deal to cut the budget deficit is expected to clear its final hurdles.
Japan primed financial markets on Tuesday for currency intervention after the yen tested record highs, signaling it may try to tame the unit with a combination of yen-selling and monetary easing.
Barclays is set to cut about 3,000 jobs this year to reduce costs after a drop in bond trading and an insurance mis-selling charge cut first half profits by a third.