A bitter mood prevailed on Capitol Hill as lawmakers struggled on Saturday to find a compromise measure to lift the nation's $14.3 trillion debt limit three days before the deadline to avert a ruinous default.
Led by Majority Leader Harry Reid, D-Nev., Senate Democrats Saturday worked feverishly to modify Reid's original debt plan in order to attract Senate Republicans. But a GOP Senate filibuster is expected late Saturday or Sunday, which, if it holds, would leave the U.S. without a debt ceiling increase, two days before a default.
If it was a stock mutual fund, Apple would be among the ten largest in the U.S.
As unlikely as such a scenario might seem, it has actually happened in the past.
Apple Inc. (Nasdaq: AAPL) has more cash than the government of the Unites States.
To fight diabetes, a new study is suggesting that more muscle mass, not just less body fat, is crucial for fighting type 2 diabetes.
The National Hurricane Center in Miami lifted its storm warning by Friday.
Amy Winehouse reportedly sought help for her drug and alcohol addictions from a celebrity psychiatrist prior to her death last week as the age of 27.
Facing a deadline to avoid a ruinous default, congressional leaders on Saturday braced for a tense weekend of negotiations to try to reach a compromise on a measure to increase in the country's $14.3 trillion debt limit.
A downgrade of sovereign debt would not necessarily have a big impact on financial markets, billionaire investor Wilbur Ross said.
Think a U.S. Government default on its debt won't affect you immediately? Think again: a default would likely weaken the dollar substantially, pushing up oil prices almost immediately, and that would send already-high U.S. gas prices to the stratosphere.
When President George W. Bush learned that two planes had barreled into the World Trade Center buildings on Sept. 11, 2001, he was sitting in front of a group of children reading aloud. So as to not cause alarm, he remained calm and stoic. And for it, he received much flak.
?This agreement on fuel standards represents the single most important step we?ve ever taken as a nation to reduce our dependence on foreign oil,? Obama said.
Rumors about Apple's next generation iPhone, dubbed iPhone 5, is buzzing louder and if they are to be believed, the new smartphone from the technology giant is not only going to be released in September but also it's going to look radically different from iPhone 4, with no home button.
Legendary comedian and film director Jerry Lewis bashed U.S. reality television.
Samsung Electronics saw explosive growth during the second quarter, primarily due to the roll-out of its venerable Galaxy S2 smartphone, but the expected iPhone 5 from rival Apple could put the breaks on the S2.
Senate Democrats aimed to seize the initiative in efforts to head off a ruinous debt default by pushing their deficit-cutting plan on Saturday toward a possible compromise with a divided Republican Party.
Positive news from Ireland is prompting a growing number of investors to look at the troubled euro zone economy, said billionaire Wilbur Ross, who this week invested 300 million euros in its largest lender.
Social networking phenomenon Google+ (or Google Plus), whose early growth has been meteoric, has finally hit turbulence - Web analytic firm Experian Hitwise said the site witnessed a drop in traffic growth and average usage time - but it still poses a threat to Facebook.
Technology giant Apple Inc currently has $76 billion in cash while United States Treasury's cash balance fell to $74 billion this week.
The mouthpiece of the Chinese Communist Party has castigated the United States' handling of its debt crisis as "irresponsible" and "immoral," saying in a Saturday editorial that the U.S. democratic system was to blame for the "farce."
Coinciding with the launch of the second issue of her iPad App, luxe brand Stella McCartney has expanded online shop facilities to 30 countries globally. This includes European countries like France, Germany, Italy and Spain.