U.S.

Gold prices soared above $1,500 an ounce on Wednesday, setting a new all-time record, even as the precious metal sustained a superb run banking on its value as the preferred safe haven investment in uncertain times.

For over 70 years the United States has been widely considered AAA top-notch benchmark sovereign risk. Standard & Poor (S&P)'s decision to impose a negative outlook now puts this status under question for the first time, reflecting the unsustainable debt trajectory and risks of policy response gridlock.

The Department of Energy has been working around the clock to provide whatever assistance we can to the Government of Japan as they work to bring the Fukushima nuclear reactors under control. One unique capability that the Department has recently mobilized to help in this situation is an expertise in robotics.

A repeat of a corporate tax holiday that found little success in stimulating the economy in 2005 is still a long-shot to jump-start a stagnant U.S. economy, says a University of Illinois expert in corporate and international taxation.

U.S. stock markets gained for the first time in four days on Tuesday as stronger-than-expected report on new home starts and encouraging quarterly results from Johnson & Johnson helped lift the markets.

Power company AES Corp. (NYSE: AES) announced an agreement to acquire smaller rival DPL Inc. (NYSE: DPL) for $3.5 billion, or $30 a share, in cash. The deal is the latest in the wave of consolidation in the power industry, as companies seek to add customers to offset high regulatory barriers and aging power grids.

U.S. stocks advanced on Tuesday as stronger-than-expected report on new home starts and encouraging quarterly results from Johnson & Johnson buoyed sentiment.

U.S. stocks advanced in early trade on Tuesday, following better-than-expected housing data and encouraging quarterly results from Goldman Sachs and Johnson & Johnson.

SAN FRANCISCO/SEOUL - Apple Inc sued Samsung Electronics claiming the South Korean firm's Galaxy line of mobile phones and tablets slavishly copies the iPhone and iPad, according to court papers, a move analysts say is aimed at keeping its close rivals at bay.

US stocks ended sharply lower on Monday after Standard & Poor’s (S&P) revised its rating outlook on the United States to negative.

US stocks ended sharply lower on Monday after Standard & Poor’s (S&P) revised its rating outlook on the United States to negative.

An Illinois man pleaded not guilty on Monday to charges he helped three popular online poker websites trick banks into illegally processing payments from U.S. customers in $3 billion scheme.

The U.S. State Department has secretly been financing opposition groups in Syria who are protesting against the regime of Bashar Al-Assad, according to diplomatic cables unveiled by WikiLeaks.

Another suicide bombing in Afghanistan has killed at least two people and injured seven in an attack inside the country’s defense ministry in Kabul.

In what has come to be the deadliest U.S. storm since February 2008, the South has been left battered while the death toll has risen to 45. The YouTube video footage of the storms and deadly tornadoes are below.

Toys 'R Us will be selling the iPad 2 in 31 states and Puerto Rico starting on Sunday, in a limited roll-out to only some of its stores.

A leaked photo of a Toys R Us employee training guide is the proverbial raft for those at sea hunting around for the Apple iPad 2! Tech websites say Toys R Us will offer the latest iPad in its stores on Sunday.

The death toll has risen to 20 after tornadoes ripped through the US South in the past three days. Widespread damage was reported in south and North Carolinas, Oklahoma, Alabama, Mississippi and Arkansas.

Members of NATO are deeply divided over how much they want to participate in the military campaign in Libya. In fact, out of the 28 nations in the alliance, only five are actually conducting air strikes on the North African country, while 13 members (almost half) are offering no support to the mission at all.

Embattled Libyan leader Muammar Gaddafi's daughter Aisha Gaddafi made a rare public appearance in capital Tripoli to rally support for her father, saying the talk about Gaddafi stepping down is an insult to all Libyans. Gaddafi is not in Libya but in the hearts of Libyans, she said.

Widespread severe weather will likely move east into the Middle and Lower Mississippi River Valley on Friday after causing dangerous fire weather conditions across eastern New Mexico, west Texas and western Oklahoma, the National Oceanic and Atmospheric Administration's National Weather Service has said.