U.S.

U.S. stocks surged after the market digested the Federal Open Market Committee statement, which is now judged as dovish.

U.S. Department of Health and Human Services Secretary Kathleen Sebelius Tuesday announced federal grants of $28.8 million that will go to 67 community health center programs across the country.

Gold rose Tuesday to another record high as U.S. stocks fluctuated in a narrow range and crude oil fell below $80 a barrel.

U.S. firm, AgriSol Energy LLC, and its joint venture partner in Tanzania will invest more than $100 million over the next 10 years to develop a large-scale commercial farming project in the east African country, a company director said on Tuesday.

The U.S. stock market soared ahead of the Federal Open Market Committee (FOMC) statement after a brutal session on Monday.

James P. Zumwalt became the first American representative to attend the memorial service on the anniversary of the atomic bombing of Nagasaki, Japan, on Aug. 9, 1945.

Following a surprise U.S. debt rating downgrade by S&P?s last Friday, now attention turns to other AAA-rated countries, which are at the risk of similar downgrade.

The boisterous sold-out Klagenfurt center court stadium crowd gave much deserving of the numerous standing ovations to USA's legendary Misty May-Treanor and Kerri Walsh after they won the gold medal Saturday to complete a run of seven consecutive victories over a world-class field at the FIVB Beach Volleyball Swatch World Tour A1 Women's Grand Slam.

The U.S. contingent in the World Badminton Championship in London suffered a jolt on the opening day of the tournament Monday as the American players lost their five out of six matches. In the very first match Men's Doubles pair of Howard Bach and Tony Gunawan lost to Malaysia's Mohd Zakry Abdul Latif and Thien How Hoon 17-21, 14-21.

The sell-off in the U.S. stock market is getting ugly.

Treasury Secretary Timothy Geithner has assured President Obama he will keep his position through the current term, despite calls for him to resign in light of the S&P downgrade.

The stock market today show sharp drops, following a downgrade by S&P from a stellar AAA to AA+, including all sectors in the S&P 500. On the other hand, investors are rushing into buying bonds rather than stock.

Some investors, who were already jittery about the European debt crisis, and continued bad news on the US economic front, appear to have thrown in the towel.

For African-Americans, the unemployment rate is at a lofty 15.9 percent, almost double the 8.1 percent for whites.

Credit ratings agency S&P threw a monkey wrench in the works by downgrading its long-term credit rating for the U.S. from AAA to AA+, just days after President Obama signed a debt-limit compromise.

U.S. stock index futures tracked a sharp drop in global equity markets on Monday after rating agency Standard & Poor's cut the top-tier AAA credit rating of the United States, rattling already-jittery investors.

On Friday, S&P reduced the U.S. credit rating by one notch from the highest rating of AAA to AA+, with a negative outlook.

In opening minutes of trading, the Dow Jones Industrial Average is down 1.2 percent, S&P 500 has slid 2.2 percent and Nasdaq has fallen 3.1 percent.

U.S. markets shed as much as two percent at the open Monday, on news of the S&P's U.S. debt rating downgrade and subsequent plummets in global markets overnight.

Only twelve of the companies in the S&P 500 index currently have women chief executives, down from 15 in 2010.

U.S. stock index futures point to a sharply lower opening on Monday as the nation lost its risk-free reputation.