In a speech he'll deliver to the nation Wednesday night, President Barack Obama is expected to announce the initial drawdown. However, regardless of the pace or scale of the withdrawal, the United States will maintain a substantial presence in the country, reflecting a decision on Obama's part to make the Afghanistan effort the lynchpin of his foreign policy.
Stocks seesawed between modest gains and losses on Wednesday ahead of the Federal Reserve's assessment of the economy and any plans for dealing with renewed weakness.
Airbus was set to announce a record $16 billion plane order at the Paris Air Show on Wednesday as the EADS unit racks up sales of a revamped version of its top-selling single-aisle aircraft.
Operator and supporters of marijuana dispensaries say banks are turning away their business because they risk falling afoul of anti-money-laundering and drug-trafficking laws.
It is more or less sure that Apple may be launching its next version of iPhone - dubbed as iPhone 5 - in late September or October to capitalize on holiday demand.
Based on the seasonal trends, summer travel deals, weather conditions, tourist traffic, entertainment options and the cultural experience, here are the best five summer travel destinations of 2011.
Jennifer Lopez in talks to act in Parker and What to expect When You Are Expecting
Stocks were set for a lower open on Wednesday as investors were cautious about the direction the Federal Reserve would take to deal with renewed weakness in the economy.
Big cigarette makers could recoup $2 billion under a proposed deal with state attorneys general to resolve a long-running dispute over payments required by the landmark 1998 tobacco settlement, the Wall Street Journal reported.
Hollywood actor George Clooney's much awaited production and directorial venture The Ides of March will open at this year's 68th Venice International Film Festival.
Only days after Ron Paul famously said his candidacy is a response to endless, undeclared, unwinnable wars dumped on the young people, White House sources frantically confirmed that President Obama will shortly announce his plans to withdraw 10,000 troops from Afghanistan in a phased manner by the end of 2011.
The head of PIMCO, the world's biggest bond fund, predicted that Greece and other European economies would default on their debts to resolve their problems as the euro area deals with its debt crisis.
Stock index futures dipped on Wednesday as investors were cautious on what direction the Federal Reserve would take to deal with renewed weakness in the economy.
Stock index futures fell on Wednesday as investors were cautious on what direction the Federal Reserve would take to deal with renewed weakness in the economy.
Today it is expected that President Barack Obama will order 10,000 US Troops back home from Afghanistan.
Film critic Roger Ebert apologized about his controversial tweet regarding Ryan Dunn, which caused an outrage with the most vehement response emanating from Dunn's friend and co-star Margera, saying he was probably too quick to Tweet.
The suspected LulzSec hacker 19-year-old Ryan Cleary could face up to ten years in jail in the US if he is found guilty of hacking into the CIA and US Senate websites, it has been reported.
The enormous $300 million Boeing Co 747-8 Intercontinental parked at this week's Paris Air Show is earmarked for an anonymous VIP customer who apparently needs one of the world's biggest airplanes.
Yahoo Inc, China's Alibaba Group and Japan's Softbank Corp said on Wednesday they have made substantive and encouraging progress toward an agreement over the ownership of the Chinese company's Alipay e-payment unit.
Endeavour leader Captain Mark Kelly and wife and Congresswoman Gabrielle Giffords will write a memoir which will throw light into the details of the remarkable recovery made by Giffords after she was shot y a gunman on January 8.
Jon Huntsman declared his candidacy for 2012 presidential nomination from the Republican party.
The euro inched up on Wednesday and global stocks rose after the Greek government won a vote of confidence, boosting risk appetite that was also supported by signals that U.S. ratesetters will keep monetary policy accommodative.
