China, Syria and others face a dictator's dilemma over Internet control and risk being left behind as the rest of the world embraces new technologies, Secretary of State Hillary Clinton said on Tuesday.
Treasury Secretary Timothy Geithner said on Tuesday the United States needs to put its massive pension program on a sounder footing but vowed to reject efforts to slash Social Security benefits and subject them to the whims of the stock market.
U.S. stocks slipped as retail sales raised doubts about the economic recovery. Energy and basic materials equities led the way downward, albeit in moderate trading volume.
Lara Logan, CBS chief foreign affairs correspondent, was sexually assaulted and beaten in Egypt the network said in a statement.
U.S. President Barack Obama said on Tuesday Pakistan must respect the diplomatic immunity of a U.S. consular employee jailed for shooting dead two Pakistanis, in a case straining ties between the allies.
Iranian lawmakers called for the death penalty on Tuesday for opposition leaders they accused of fomenting unrest after a rally in which a least one person was killed and dozens were wounded, state media said.
Recent improvement in the U.S. labor market has shortened the duration of the U.S. Federal Reserve's extended period of near-zero interest rates, but only by about three months, a San Francisco Fed economist said. To try to blunt the effects of the Great Recession, the Fed lowered its target rate for overnight lending between banks to near zero in December 2008, and has promised to keep it there for an extended period.
Treasury Secretary Timothy Geithner said on Tuesday the United States needs to shore up its massive pension program without slashing Social Security benefits or subjecting them to the whims of the stock market.
Starbucks Corp will provide ground coffee for use with Courtesy Products' CV1 one-cup brewers in as many as 500,000 upscale hotel rooms in the United States beginning this autumn, the company said on Tuesday.
Growth in sales at U.S. retailers slowed in January, partly due to harsh winter weather across much of the country, but the trend remained supportive of an acceleration in the economy.
ING will sell most of its real estate management operations for about $1 billion to U.S.-based property broker CB Richard Ellis Group, helping the Dutch bancassurer to pay down state aid.
According to a report from CNET Verizon doesn't see Nokia handsets sporting the Windows Phone OS as necessary -- which could put a dent in Nokia's plans for expansion in the U.S.
IBM and Jeopardy! have teamed up to conduct an exhibition between two former Jeopardy! champions and Watson, a super-computer with advanced artificial-intelligence.
A recently released study from researchers at the University of Miami – titled Health Effects of Energy Drinks on Children, Adolescents, and Young Adults – references and lists many side effects of caffeine overdoes/overconsumption.
Banks may cut their services to the poorest Americans as a result of new U.S. financial regulations, including federal caps on debit card processing fees, Citigroup Inc Chief Executive Vikram Pandit said on Tuesday.
Senate Majority Leader Harry Reid D-NV said on Tuesday that his aims with the 2012 budget are to bring down the deficit while keeping our economy moving in the right direction.
A special security court in Syria has sentenced 19-year-old blogger Tal al-Mallohi to five years in jail on charges of “revealing information to a foreign country,” according to state officials.
Structural economic changes have likely pushed up the 'natural' rate of U.S. unemployment to about 6.7 percent, researchers at the Federal Reserve Bank of San Francisco said on Monday. That's much higher than the 5 percent level that has been the historic norm, the researchers said in the latest edition of the San Francisco Fed's Economic Letter.
Home improvement retailer Home Depot said it is hiring about 60,000 seasonal workers for a series of spring sales, a level that a spokeswoman said was comparable to last year's.
Wide differences between rich and developing countries may frustrate France's hope of taking a bold step toward stabilizing the global economy at a Group of 20 finance ministers meeting this week.
In the highly politicized U.S. battle over pensions and health care, leading Republican lawmakers will take the first crack at the long-term financial problems at least by next late next month, according to Rep. Eric Cantor R-VA.
Stocks slid on Tuesday as energy shares pulled back, creating a breather in the market's recent rally.
