UNITED STATES

President Barack Obama‘s speech on immigration in El Paso, Texas on May 10, 2011.

China has agreed to steps to open its government procurement market to more U.S. companies and let U.S. banks sell mutual funds in the country, a senior U.S. Treasury official said on Tuesday.

Dallas Wiens, 26, of Texas, who had previously come to terms with a vastly deformative injury which virtually erased his face, expressed gratitude to the family of his new face's donor and doctors remarked on his transformation as he made his first public appearance after becoming the first recipient of a full facial transplant in the United States.

If you can help it, don’t buy US Treasuries. The main reason is that you’ll lose real value by doing so.

The CEO of Japan's Softbank, Inc. invests over $60 million into Gilt Groupe, Inc.

The cost of imported products in the United States rose for a seventh straight month in April thanks to a weaker dollar, and more owners of small businesses raised prices, in potentially worrying signs of inflation.

U.S. import prices rose at a slower pace in April as petroleum and food cost increases moderated, while a jump in wholesale inventories during March suggested a weak first quarter ended on a firmer note.

Google launched an online music locker service on Tuesday that allows users to store and access their songs wherever they are, similar to one launched by Amazon.com in March.

Microsoft snubbed investment banks for its largest deal ever, saving an estimated $25 million to $30 million by not using an adviser on the $8.5 billion takeover of Internet phone service Skype.

U.S. wholesale inventories climbed in March as businesses saw a sharp increase in sales, suggesting parts of the economy are growing firmly, according to Commerce Department data released on Tuesday.

Job scarcity in some communities and a backlog of foreclosed properties continue to inhibit the U.S. economy's recovery, a top Fed official said on Tuesday.

Gold’s decline last week provides a good opportunity for investors to buy on the dip.

After 25 years of marriage, Arnold Schwarzenegger and Maria Shriver have split up.

Studies by regional Federal Reserve banks show job scarcity is a major hindrance to the recovery of the depressed U.S. housing market, a top Fed official said on Tuesday.

Oil rose on Tuesday, supported by concerns U.S. flooding could hit refinery operations, squeezing gasoline supplies ahead of summer driving season.

Top U.S. dairy company Dean Foods Co said it has stepped up efforts to cut expenses and may continue to raise prices as it battles higher commodity costs and weak demand at its fresh dairy products business.

As Samoa prepares to jump across the international dateline, a new opportunity arises for tourists.

China stormed back to post a hefty trade surplus in April as exports hit a record while imports eased more than expected, weighed down by sustained monetary tightening and high commodity prices.

Wendy's/Arby's Group Inc reported a smaller quarterly loss as sales at Arby's established restaurants improved, but the restaurant chain lowered its 2011 profit forecast citing rising commodity costs.

Microsoft has landed a juicy deal as it snatched Skype from the jaws of Google and Facebook in an $8.5 billion deal.

U.S. import prices rose at a slower pace in April as petroleum and food cost increases moderated, supporting views the recent jump in commodity prices was likely to be transitory.