Widely used blood thinner warfarin will come with new instructions explaining that people with certain genes may need a lower dose to take the drug safely, U.S. health officials said on Thursday.
A crisis in credit markets triggered by a collapse of the U.S. subprime mortgage market has shuttered several mortgage real estate investment trusts and threatened the sector, rekindling memories of a similar crisis 30 years ago.
With stock markets falling, the housing market in a tailspin and credit tightening, corporate America is bracing for the impact.
Factory activity in the U.S. Mid-Atlantic region stagnated in August, with a measure of growth falling to its weakest level this year, a survey showed on Thursday.
China may be a trade giant but ineffective controls have kept it a quality weakling and are sapping competitiveness, the nation's safety watchdog said, as fears grow in the United States about the made-in-China label.
Relations between the United States and Europe are likely to improve dramatically under new French President Nicolas Sarkozy and German Chancellor Angela Merkel, a U.S. congressional leader said on Thursday.
China will send delegations to the United States in August and September to discuss food and product safety following a spate of product recalls, a Chinese Embassy official said on Wednesday.
Beijing objects to an attempt by the United States to use the World Trade Organization to impose new obligations on China to crack down on pirated goods, the Ministry of Commerce said on Thursday.
The United States sealed a deal on Thursday to provide Israel with $30 billion in defense grants over the next decade, a 25 percent boost that Washington describes as strengthening a regional bulwark against Iran.
Venezuelan President Hugo Chavez called for an end to presidential term limits on Wednesday to extend his rule and consolidate a self-styled socialist revolution in the OPEC nation.
Powerful aftershocks shook Peru on Thursday as rescuers pulled wounded and dead from collapsed homes and churches a day after a massive earthquake killed hundreds of people.
Stocks dropped sharply on Thursday as fears grew that deteriorating credit market conditions may deal a blow to economic expansion.
St. Louis Federal Reserve Bank President William Poole said on Wednesday financial market turmoil had not undermined the U.S. economy and there was no need for the central bank to ride to the rescue with an emergency rate cut.
Groundbreaking for new homes fell 6.1 percent in July to the lowest pace in more than 10 years while building permit activity, a sign of future construction plans, sank to a nearly 11-year low, a government report on Thursday showed.Groundbreaking for new homes fell 6.1 percent in July to the lowest pace in more than 10 years while building permit activity, a sign of future construction plans, sank to a nearly 11-year low, a government report on Thursday showed.
The recall of millions of Chinese-made toys by U.S. toy company Mattel Inc. will make Americans more cautious about buying toys made in China but will not deter them, parents said.
The region is still a safer bet than struggling U.S. and European markets despite an expected dip in investment due to higher borrowing costs from the U.S. subprime crises.
While India is doing away with some symbols of British rule, such as the names of some cities and towns, other things, such as language and the university system remain firmly entrenched.
Britain said on Wednesday it would ease restrictions on livestock movements and was likely to stand down vaccination teams after initial tests for foot and mouth disease at a farm and theme park proved negative.
A bridge that collapsed in China killing at least 36 people broke apart like a pat of beancurd because there were apparently no steel reinforcement bars, state media said on Wednesday, quoting a rescuer.
Indian Prime Minister Manmohan Singh marked the 60th anniversary of independence from British rule by urging the country to work harder to free itself from the shackles of poverty, ignorance and disease.
Democratic presidential hopefuls have seized on the deepening U.S. mortgage crisis and gyrating financial markets as signs they would be better stewards of the economy, but Republicans argue the outlook is strong.
Most U.S. voters think the economy is in fair shape, at best, and will grow at a slow pace over the next six months, according to a Reuters/Zogby poll released on Wednesday.
Central banks on Wednesday progressively withdrew the cash they recently injected into money markets as the focus of the global credit storm rolled into emerging markets and currencies.
U.S. consumer prices edged up in July while a measure of manufacturing activity in New York this month dipped slightly, according to data released on Wednesday that was unlikely to sway an inflation-wary Federal Reserve. While the Fed said last week that inflation was its top concern, it also acknowledged that the housing market downturn had led to tightening credit terms for some households and businesses.
British authorities said on Tuesday they were investigating two new suspected cases of foot and mouth disease, raising fears that an existing outbreak of the livestock disease may not have been contained.
The powerful head of India's ruling Congress party stood firm behind a controversial nuclear deal with the United States on Tuesday as fresh efforts were launched to convince communist allies who have rejected it.
The U.S. toy industry is under growing pressure from U.S. lawmakers and the Consumer Product Safety Commission to launch a testing program to ensure the safety of products from China, officials said on Tuesday.
The bank of Japan drained up to 1.6 trillion yen in cash from its financial markets on Tuesday, suggesting that the Bank of Japan felt comfortable that business was returning to normal.
A new survey says 92.6 percent of affluent families in China which annual income exceeding $25,000 spend about $10,000 in leisure and entertainment every year, according to the research released on Monday by MasterCard International.
Phone books that were delivered but never opened rot away next to empty driveways and overgrown lawns, telltale signs that once-booming southwest Florida is now the center of the U.S. housing storm.
