The U.S. Department of Homeland Security quietly reversed course Friday and decreed states could no longer opt out of a controversial immigration enforcement program known as Secure Communities.
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.
A 40-year-old woman who suffered cardiac arrest while competing in a triathlon in the Hudson River died on Monday, the second death reported in the weekend event, a hospital spokesman said.
American International Group Inc is suing Bank of America Corp to recover more than $10 billion over a "massive fraud" on mortgage debt, deepening the litigation morass facing the largest U.S. bank.
S.Africa's rand and stocks fell to multi-month lows on Monday as investors dumping risk hammered everything from resource firms to banks after the downgrade of the U.S. credit rating prompted a sell-off.
A second participant of the 2011 NYC Triathlon is confirmed dead after experiencing difficulty in the swimming portion of the race.
Shares of major gold mining companies notched fresh gains in midday trading Monday as the price of the precious metal topped $1,700 per ounce.
Rappers Jay-Z and Kanye West's highly anticipated collaboration, "Watch the Throne," was released at midnight Monday on iTunes in standard and deluxe forms. The album hits stores on Aug. 12, a move that was reportedly criticized by independent retailers.
Australian Nancy Wake, who as a spy became one of the Allies' most decorated servicewomen for her role in the French resistance during World War II, has died in London, officials said Monday. She was 98.
The 20th annual Lollapalooza music festival held in Chicago ended day three with a downpour soaking attendees and a memorable performance by the Foo Fighters.
The crises at the heart of the international financial and political system go beyond the debt woes currently gripping the Western world and to the heart of the way the global economy has been run for over two decades.
A first-ever debt downgrade of U.S. government bonds plus worries over contagion in Europe drive investors to the safety of gold.
Thousands of striking Verizon workers are joining picket lines and rallies at locations from New York to Massachusetts to Virginia.
Mouse ears in the mud. It seemed a fitting end to the 20th anniversary of Lollapalooza, the three-day music festival that started under warm, sunny skies but ended on Sunday night in a rainy dance party.
Treasury Secretary Timothy Geithner, who had considered stepping down after the government borrowing limit was raised, confirmed on Sunday that he will remain at his post at President Barack Obama's request.
Treasury Secretary Timothy Geithner will remain in the position at President Barack Obama's request. Geithner considered stepping down after the government borrowing limit was raised.
Former Governor of New York, Hugh Carey who successfully tackled New York's financial crisis in the 1970's died on Sunday. He was 92.
Asian shares fell on Monday and the dollar languished near a record low against the Swiss franc, as investors took fright at a downgrade of the U.S. credit rating, while gold powered to another record just short of $1,690 an ounce.
More extreme weather was expected across the country on Sunday, as parts of the Midwest and Northeast faced possible flooding from slow-moving storms while blistering triple-digit temperatures were expected in coastal Southeastern states.
Pro Bowl offensive lineman Damien Woody, a two-time Super Bowl winner with the New England Patriots, announced his retirement after 12 seasons on Friday.
"I Love Lucy" star Lucille Ball's New York hometown will be filled with red-lipsticked, redheaded lookalikes on Saturday to try to break a world record in honor of what would have been the actress' 100th birthday.
Lucille Ball is as loved as ever, with fans across the nation celebrating what would have been the red-haired icon?s 100th birthday Saturday.
