Stocks slipped while the Swiss franc rose and gold hit a record high on Monday as hopes for a political deal to avert a U.S. default began to fade, though investors were mostly seeking to protect their portfolios with no signs of panic selling.
As time marches towards August 2, the day the US would presumably default if the debt ceiling isn't raised, calls are growing louder and louder for a resolution.
Iran and China are discussing using a barter system to exchange Iranian oil for Chinese goods and services, as U.S. sanctions have blocked China from paying at least $20 billion for oil, the Financial Times said.
Retired Army Gen. and former Chairman of US Joint Chiefs of Staff, John Shalikashvili, died on Saturday from complications of a stroke reports Reuters.
U.S. authorities were apparently so flustered by Norway’s inability to grasp the threat posed by terrorists that they had to “press” their Norwegian counterparts to deal with the topic seriously.
A recent study has shown that English Premier League club Manchester United is more popular in the US than its city rivals Manchester City.
Obesity is becoming serious problem among Chinese youth as the Asian giant prospers and increasingly adopts Western customs and lifestyles.
In the U.S. alone, more than 5-million visitors have gone on Google+.
Gradually moving from the Midwest and seeping into the East, the deadly US heatwave is pushing temperatures above 100F with a forecast to get even hotter during the weekend.
The United States owes $14.3 trillion, but to whom?
The United Nations declared famine in two regions of Southern Somalia on Wednesday and warned that it could spread further in two months until donor countries stepped in.
Futures on major U.S. indices point to a lower opening on Thursday ahead of key weekly jobless claims data and corporate earnings.
Beatles’ rare pictures of the first US concert in Washington DC have been sold in New York for more than $360,000 (£223,600) on Wednesday.
US first lady Michelle Obama will appear on ABC show 'Extreme Makeover: Home Edition', the network said on Tuesday.
U.S. Secretary of State Hillary Clinton has advised India to take a more assertive role in Asia.
Asian shares rose on Wednesday as indications of progress on a U.S. budget-reduction deal boosted investor confidence while encouraging quarterly numbers from Apple Inc
and International Business Machines helped Asia's beaten-down tech sector gain for a second day.The 4.3-inch Samsung Galaxy S2 has sold about 3 million units worldwide.
In a recently released study from NAEP, the Nation's Report Card for geography was full of F's.
American officials repeated its demand that Gaddafi step down immediately from power and that no negotiations were involved in the talks.
A new breast feeding doll manufactured in Europe called The Breast Milk Baby is set to be available for purchase in US stores in the near future.
Abby Wambach lead the US team to the 2011 Women's World Cup finals with her daring headers and stealthy moves.
In the end, Hope Solo is not the Brandi Chastain of the new generation of soccer fans. Solo, the goalie of the US team, allowed 2 goals in the women's soccer World Cup Finals and 3 shootout goals, as Japan beat the US 2-2 (3-1) in a shootout.
