UNITED STATES

Call it 'dueling debt plans': Sen. Harry Reid, D-Nev. announced Monday a $2.7 trillion spending reduction plan, while House Speaker John Boehner, R-Ohio, announced a 2-stage spending cut plan, $1 trillion now, and $1.2 trillion next year. If the two sides can get down to negotiating, Monday will be a day of progress in the debt deal saga.

Not for the first time, asset managers may be playing a high-risk game as they face the threat of a U.S. debt default without concrete contingency plans.

Whether you are traveling for a few hours or a few days, these Apple iPhone apps are sure to keep your trip headed in the right direction.

The UAW has started contract talks with Chrysler. The labor union says it wants some previous concessions back. But management at Detroit's Big Three wants to avoid costly mistakes of the past. The companies want to reduce labor costs rather than give wage increases.

The dollar slipped in early Asia-Pacific trade on Monday as investors looked for signs of progress to break the deadlock that will avert a U.S. debt default.

For most Americans, talk of a U.S. Government default is a little complex. What the American people really want to know is, assuming the U.S.Government defaults, where should one consider putting a portion of their money? Glad you asked.

Stocks dipped on Monday as lawmakers were locked in a standoff over dueling debt plans, but growing optimism over an eventual deal helped to limit losses.

Stocks tumbled on Monday as political brinkmanship in Washington over the debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.

Heat wave is the No. 1 weather-related killer in the U.S. Though the heat wave began to subside on the East Coast Sunday, heat advisories remain in effect in the region and across the country.

Stocks fell on Monday as continued political sparring in Washington over the debt ceiling heightened worries of a U.S. rating downgrade, sending world equities lower.

BlackBerry maker Research In Motion, once dominant in the smartphone market, has cut 2,000 jobs to survive new competitive pressures.

Republican Party resistance is the main impediment to enacting immigration reform, President Barack Obama told frustrated Latino supporters at the National Council of La Raza's annual conference Monday.

Could such a calamity happen in the United States?

Many airlines raised fares in recent days to take advantage of a lapse in ticket tax collection after Congress failed last week to fully fund the Federal Aviation Administration budget, but passengers will likely not notice any price difference.

According to a recent study, between 2002 and 2007, the annual average number of chickenpox deaths was the lowest ever reported, with 14 deaths recorded in 2007 and just 13 the year prior, due to a particular vaccine. Chickenpox led to about 105 deaths a year during the pre-vaccine years of 1990 to 1994, researchers say.

The Obama administration took aim at transnational criminal organizations on Monday, slapping harsh sanctions on four of the world's most notorious organized crime groups.

Troubled singer Amy Winehouse was found dead in her home yesterday afternoon: a death caused by a binge of ecstasy and alcohol sources say.

The International Monetary Fund warned on Monday the United States must raise the debt ceiling quickly and get its debts under control for the sake of the global economy.

Stocks dipped on Monday in a somewhat muted reaction to the political jousting in Washington, even after lawmakers failed to meet a weekend deadline to reach a debt deal.

The International Monetary Fund Monday underscored the need for Congressional Democrats and Republicans to get their act together: it said the U.S. must raise its debt ceiling quickly, and get its debt under control, for the good of the global economy

Grain prices will likely remain elevated at the end of this year, a Reuters poll showed, providing little relief to food prices while continuing to challenge policymakers battling to tamp down inflation.