NEW YORK

The nascent U.S. housing recovery could be concealing another financial time bomb: home equity loans.

Banking on software, services and cost controls, International Business Machines Corp. (NYSE: IBM), the No. 2 computer company, is expected to report improved second-quarter earnings despite a decline in revenue.

Yemen is going through a difficult political transition after the ouster of president Ali Abdallah Saleh, but that isn't as bad as its humanitarian crisis

The Knicks will not match the Rockets' offer and Jeremy Lin will go to Houston.

The Boy Scouts of America reaffirmed Tuesday its policy to exclude gays from joining or being leaders.

For fans of the DreamWorks Animation brand, there is a certain somber irony in its bid to acquire a catalog of pop-culture relics. The company, founded in 1994 out of a merger between DreamWorks SKG and Pacific Data Images, built its name on inventive storytelling and original offerings such as Antz, Shark Tale and Kung Fu Panda.

On Tuesday, The National Geographic Channel will premiere American Gypsies, which purportedly aims to refute common myths about gypsies.

New York artist Danny Evans of Planet Hiltron was fed up with the celebrity way of life -- spending boatloads of money on their appearances -- and wanted to shed the celebrity of the glitz and gold, showing key players like like Angelina Jolie, Kim Kardashian, Kanye West, Rihanna, Madonna and Johnny Depp as raw, “real people in his photos series Celebrity Make Under.

It seems as though the world if retail is hitting some mid-year skids, leaving market watchers wondering if they already need to write of the second-most important sales season of the year: Back to school.

With last week's hubbub over Condoleezza Rice as possible veep, you may have missed how a House Republican group took legislative action to increase government subsidies to the one percent.

During her last visit in Israel as Secretary of State, Hillary Clinton talked about Egypt but really thought about Iran. And made scant mention of the Palestinians, nowhere near as pressing an issue for America as the Arab Spring

Jonah Falcon drew the suspicions of airport security guards, who thought the 41-year-old may have been trying to carry a weapon on board a plane. One problem: the suspicious object was his rather large penis.

A Romney spokesperson told the Washington Post that the clip clearly falls under fair use, a provision in intellectual property law that permits limited use of copyrighted material for the purposes of criticism and commentary.

The saga, drama and tragedy of the Kennedys rivals that of any authentic royal family the world had ever seen.

The New York Knicks have decided that Jeremy Lin's three-year, $25 million contract offer from the Houston Rockets is too rich for them and will let the talented point guard walk, according to multiple reports.

U.S. builder confidence rose in the new single-family home market as in July by the greatest level in nearly a decade, led by improving market conditions and buyer traffic, according to the National Association of Home Builders/Wells Fargo Housing Market Index.

Forbes Magazine estimates The Red Devils are now worth $2.23 billion, 19 percent more than second place Spanish side Real Madrid, which is worth $1.88 billion.

On Tuesday, it was reported that Mohamed El-Ehrian, the chief executive officer of Pacific Investment Management Co., or PIMCO, was being considered for the role of Egypt's Prime Minister. He doesn't want the job, but he does have the qualities that Egypt lacks.

Goldman Sachs (NYSE: GS) booked a 11 percent drop in its second-quarter earnings as revenue from investment banking and lending businesses declined, the New York investment bank said Tuesday.

Carmelo Anthony says the Knicks want Jeremy Lin back next season.

In recent years, it's become possible to do emergency retrieval of sperm or eggs when somebody suddenly dies or becomes terminally ill.