Oil tumbled 6 percent on Thursday to a four-month low after the world's top consumers released emergency oil reserves for the third time ever, a surprise intervention to aid the struggling global economy.
The United States will not maintain the same level of military aid to Pakistan unless it sees changes in the relationship, U.S. Secretary of State Hillary Clinton said on Thursday.
Stocks pared losses on Thursday, with the Nasdaq turning positive, after sources said Greece had won the consent of inspectors from the European Union and International Monetary Fund for a new five-year austerity plan.
The seven Harry Potter novels will be available as ebooks in October, author J.K. Rowling said on Thursday at the launch of a new interactive online website that will allow readers to navigate through the wizard stories.
The chairman of Yahoo Inc voiced support for Chief Executive Carol Bartz, who has become a lightning rod for criticism as the company struggles with stagnant revenue growth and a rift with its Chinese partner.
US Secretary of State Hillary Clinton has vowed to offer more money to fighting drug trafficking in Central America.
Union official says they'll push the Swedish automaker into bankruptcy if necessary if unpaid wages are not honored
U.S. Secretary of State Hillary Clinton said Thursday that reconciliation talks with the Taliban must be a central part of America's plan for stabilizing Afghanistan as troops begin to exit.
The Supreme Court struck down a law that prohibits the use of prescription drug records for marketing, ruling for free-speech rights over a state government's medical privacy concerns.
U.S. antitrust regulators gave Apple approval to buy certain assets to be sold by bankrupt telecom maker Nortel Networks Corp, the Federal Trade Commission said on Thursday.
For the first time in the nation's history, a majority of babies in the U.S. are minorities, a milestone that augurs sweeping demographic changes as a young, diverse population ages.
The top military official in the U.S. said that while he supports President Barack Obama’s plan to gradually withdraw troops from U.S., he finds it somewhat risky.
Airbus has won a record-breaking order for 200 of its A320neo jets from AirAsia, capping a week where it has trounced rival Boeing in the fierce competition for plane contracts.
A year ago, it seemed implausible, perhaps absurd, to think the U.S.'s two, major parties, the Democratic Party and the Republican Party, would disagree so much that the United States would be at risk of defaulting on its bonds, due to a failure to raise the debt ceiling before the U.S. Government runs out of money in August. Now, incredibly, it appears a U.S. default is possible.
With a 30,000-person troop withdrawal now scheduled, how will politics in Afghanistan and Pakistan be affected?
Sales of new homes in the United States were down 2.1 percent in May, but inventories hit a record low due to reduced production, the U.S. Commerce Department said.
Jamaican reggae star Buju Banton has been sentenced to ten years in prison in the U.S. for his part in setting up a cocaine deal two years ago.
U.S. stocks pared some of their losses and the Nasdaq Composite briefly turned positive on Thursday, boosted by a spike in shares of Apple Inc
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After cancelling some North American tour dates due to laryngitis, singer Adele has announced new shows to take place in August and October.
Apple is planning on two new iPhone smartphones for a September release, a development that should have rival Android concerned, analysts contend.
The number of Americans filing new claims for unemployment benefits rose last week, suggesting little improvement in the labor market this month after employment stumbled badly in May.
The IMF said on Thursday it had identified computer files that were copied during a recent cyberattack and has no evidence information in emails or the fund's financial systems was compromised.