Groundbreaking on new U.S. home construction fell more than expected in December to its lowest in over a year, suggesting the battered housing sector remains a major roadblock to economic recovery.
U.S. lawmakers will consider new health care insurance benefits and the cost of paying for them on Wednesday, as the House heads to a vote on whether to repeal last year's major health care overhaul law.
The text of the 14-page complaint against the iPad hackers.
As Chinese President Hu Jintao meets U.S. President Barack Obama during his visit to the U.S., a key question is if he will take up Obama's offer to play a more active role on the world stage.
The flag of the Palestinian Liberation Organization was hoisted above the PLO's offices in Washington, D.C. Tuesday and the new chairman of the House Foreign Affairs Committee quickly criticized the act.
Twenty Afghan civilians, including 13 children, were killed by a roadside bomb in southeastern Afghanistan on Wednesday, a senior official said, in the country's deadliest insurgent attack in nearly six months.
Kenyan Prime Minister Raila Odinga said an African effort to mediate Ivory Coast's disputed poll had failed on Wednesday, blaming incumbent Laurent Gbagbo and warning of harsh sanctions or force if he did not step down.
A suicide bomber driving an ambulance killed up to 15 people and wounded more than 50 in an attack on Wednesday on an Iraqi police training centre in volatile Diyala province, officials said.
U.S. President Barack Obama and Chinese President Hu Jintao vowed on Wednesday to work to find common ground as the two countries announced $45 billion (28 billion pounds) in export deals.
Coffee chain unveils mobile payment app for iPhones and Blackberrys.
More U.S. technology and engineering workers got bonuses and pay raises last year than in 2009, but the pay hikes were tiny for professionals outside large corporations and Silicon Valley
The government of China government has placed an order for 200 Boeing planes, according to senior U.S. government officials, as part of a $45-billion export deal with China.
German software maker SAP is preparing to restructure and has hiked sales and margin targets to prop up its sagging shares amid litigation woes, weekly Manager Magazin reported.
The following is the text released by the White House of remarks by U.S. President Barack Obama and Chinese President Hu Jintao on the morning of January 19, 2011 at the South Lawn of the White House at the official arrival ceremony. Neither president took questions.
Employees at Goldman Sachs Group Inc earned an average of $430,700 each in 2010, down 13.5 percent from 2009 but still more than eight times as much as the average U.S. household income.
Gold rallied for a third consecutive session on Wednesday, boosted by broad weakness in the dollar and robust Asian consumer demand, while anticipation of more resilient global growth took platinum to 30-month highs.
Construction of new homes in the U.S. fell during December but building permits rose surprisingly, indicating the continued weakness in the housing industry, the Commerce Department said on Wednesday.
In contrast to all travel blues and woes, a leading travel search site site Skyscanner gives an insight to the sunshine spots in the world to boost optimism - the top five places you can travel to cheer you up.
Is Ericsson's glass half full or half empty? The Sweden-based telecom gear maker is at last enjoying the benefits of an upturn in demand, but much of the growth could come from less profitable areas.
Futures on major U.S. indices point to a lower opening on Wednesday after Goldman Sachs reported a decline in quarterly profit and a government report showed that U.S. housing starts fell more than expected in December.
Wall Street was set for a lower open on Wednesday after Goldman Sachs posted a decline in quarterly profit, denting investor optimism about a strong earnings season.
Mortgage applications in the U.S. rose during the week ended January 14 as interest rates dipped to lowest levels in a month, the Mortgage Bankers Association (MBA) said on Wednesday.
