Crude oil plunged below $35 a barrel on Thursday after OPEC said demand for its crude will drop and reports in the U.S. showed employment claims increased.
China now has the highest number of internet users in the world and had the largest growing online population of 2008, a report suggests.
Canada's economy is expected to stay in recession for three quarters this year and contract 0.5 percent annually in 2009, according to forecasts by the independent, non-profit Conference Board of Canada,
Just a few days before President-elect Barack Obama is expected to direct the closure of the controversial detention facility, a report within the Bush administration has said the US tortured one of the alleged 9/11 planners held at Guantánamo Bay.
On Wednesday, a new data record showed that China's economy grew to become the world's third-largest in 2007 reflecting the countries amazing ability to overcome yet another milestone in the country's stunning rise in the global pecking order.
The King's Graceland has gotten a whole lot cuter!
Two weeks into the new year, a report of retail decline was another stroke in a patch of turbulent recession as monetary policy makers and the government acknowledge the imperfections and work to fashion a portrait of economic recovery.
Sixty-two percent of voters say their confidence in the U.S. federal government has fallen in the last twelve months, according to a new Public Strategies Inc/Politico poll.
Australian Dollar: In what was a very volatile session in Asia yesterday the Aussie dollar climbed back from its open near 66 cents to post a late afternoon high slightly above the
At a time when the World Bank appears to be on a banning frenzy, Tata Consultancy Services (TCS) has pulled off the impossible by bagging direct contracts from the global anti-poverty agency.
Interest in what promoters call the best job in the world, has sparked so much interest that the website of the would-be employer caved under pressure.
Osama bin Laden, the leader of al-Qaeda, is reported to have issued a video recording calling on Muslims to wage jihad against Israel over its offensive in Gaza.
Nortel Networks Corp., North America's biggest maker of telephone equipment filed for bankruptcy protection as it faced a drop in orders from telecom companies amid the global economic crisis.
The woman at the center of the three-decade-old sex allegations against Oscar-winning film-maker Roman Polanski has filed court papers seeking dismissal of the charges against him.
The closure of Guantanamo Bay prison will not be an easy one with many diverse prisoners from die-hard jihadists to innocent men swept up in war.
Bernard Madoff, 70, accused of a $50 billion fraud is expected to attend a Manhattan Federal Court on Wednesday for a hearing of U.S. prosecutors who seek his imprisonment.
Crude oil plunged below $37 a barrel after the U.S. government reported crude stockpiles jumped the highest since August 2007 as demand for fuel shrinks.
Today is National Amber Alert Awareness Day, when Amber Hagerman went missing 13 years ago, is now being remembered for that very reason.
President-elect Barack Obama plans to nominate his top technology advisor, Julius Genachowski, to be chairman of the Federal Communications Commission, Democratic official said Monday.
The television network Fox entertainment president, Kevin Reilly, said Tuesday the network is not planning massive layoffs despite tough times in the entertainment industry and the overall economy.
President-elect Barack Obama urged Democratic Senators in a meeting today, to approve the remaining $350 billion of the bailout package saying the money was essential to helping the economy.
Senator Hillary Clinton said Monday that America's gravest threat is that terrorists will obtain weapons of mass destruction.