U.S.

Afghanistan War: One U.S. Fighter Lost Every Two Days

10 years in Afghanistan
Friday marked the 10th anniversary of the United States' war against terrorism in Afghanistan. During the past decade, U.S. and NATO armed forces overthrew the Taliban. But the price they have paid has been very high.
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Did U.S. Stocks Bottom on Tuesday?

Early in Tuesday's morning session, the S&P 500 Index dipped to a low of 1,074, dropping more than 20 percent from the May 2 high of 1,370 and taking the index into bear market territory.
Traders work on the floor of the New York Stock Exchange

Can U.S. Stocks Still Finish 2011 With a Big Rally?

U.S. stocks have taken a beating in the past few months. Starting late Tuesday, however, the market staged a rally on news that Europe was finally hashing out a plan to recapitalize banks and quiet fears from the European debt crisis.
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US lawmaker: China cyber espionage 'intolerable'

The chairman of the House of Representatives intelligence committee on Tuesday accused China of widespread cyber economic espionage and said many U.S. firms were afraid to come forward for fear their computers would be the targets of even more attacks.
Traders work on the floor of the New York Stock Exchange

S&P 500 Dips to Bear Market Territory: 5 Reasons Why

Tuesday’s early morning drop has taken the S&P 500 Index down over 20 percent from its May 2 high. Although there is no official definition of a bear market, one commonly accepted metric is falling 20 percent over an extended period.
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Analysts Assess Impact of Defense Cuts on US Jobs

Defense Secretary Leon Panetta has warned that a potential $1 trillion cut to the Pentagon budget could raise U.S. unemployment by 1 percentage point but analysts differ on how many jobs could be lost and what that actually means for the economy.
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Kraft Boss Bumps Pepsi Chief as Top US Woman Exec

Kraft Foods (KFT.N) boss Irene Rosenfeld is the most powerful woman in U.S. business, Fortune magazine said on Thursday, bumping PepsiCo Inc (PEP.N) chief Indra Nooyi into second spot after five years on top.

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