Gold was flat in early trade on Tuesday, supported by the gold purchase by South Korea's central bank, while investors watched the outcome of a vote on the debt deal.
Underlying trends suggest that the current bout of high inflation in the United States is likely to be short-lived, San Francisco Federal Reserve Bank researchers said on Monday.
Moody's Investors Service on Monday revised the outlook on Minnesota's general obligation Aa1 rating to negative from stable, citing the state's widening structural deficit and political strife.
The House of Representatives on Monday approved an 11th-hour deal to raise the borrowing limit, clearing the biggest hurdle to averting a potentially catastrophic debt default.
Merrill Lynch, the second largest U.S. brokerage by assets and financial advisers, on Monday said it hired seven new advisers overseeing more than $800 million in combined client assets.
Children whose mothers had high exposure to electromagnetic fields while pregnant may have an increased risk of developing asthma, U.S. researchers said on Monday in a study that adds to an ongoing debate.
Monday, a week-long search ended when the body of a missing 11-year-old girl, Celina Cass, was found in the Connecticut River near her home.
U.S. cattle futures set a two-week high on Monday lifted by a sharp drop in this week's cattle supplies and on news of active beef exports last week, traders said.
Midwest cash gasoline differentials rose on Monday following cycle changes in both Chicago and Group Three markets.
The bill, which will cut federal spending by up to $2.4 trillion over 10 years, raises the debt ceiling, and now goes to the Senate, where that chamber is expected to vote on it, and pass it, by Tuesday, late afternoon. If all goes as planned, the bill will be on President Obama's desk, and his signature will avert a default.
Small amounts of exercise, or roughly 20 minute workouts, performed daily can reduce the risk of heart disease by nearly 15 percent, according to a new study by the American Heart Association (AHA), with results stronger in women.
The group's rep released a statement saying "We are so sorry to say Kings of Leon are canceling their entire US tour due to Caleb Followill suffering from vocal issues and exhaustion. The band is devastated, but in order to give their fans the shows they deserve, they need to take this break."
Interest rates on most Treasury bills fell on Monday after a tentative deal among top Washington lawmakers to raise the debt ceiling soothed anxiety of a sovereign debt default.
Worst fears are confirmed
Central Falls, Rhode Island, one of a handful of U.S. cities and counties facing fiscal collapse in the wake of the economic recession, filed for a rare Chapter 9 bankruptcy on Monday.
A new study finds that adults in Washington D.C. abuse more drugs and alcohol than anywhere else in the nation.
Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial markets.
Body has not yet been identified
Leaders from both, major political parties fanned-out across Capitol Hill Monday night to secure votes to pass the bipartisan debt deal bill, which would also raise the debt ceiling, and avert a U.S. Government default. The strongest opposition will occur in the House, but two-chamber passage is expected by 1 a.m. EDT Tuesday.
U.S. manufacturing grew at its slowest pace in two years in July as new orders contracted, casting doubt on expectations the faltering recovery would quickly regain steam.
U.S. health insurance companies must offer women free birth control and other preventive health care services under Obama administration rules released on Monday, a historic decision supported by family planning groups and opposed by conservative groups.
Down month for chips doesn't indicate down year. History shows June has always been poor.