NEW YORK

Bond Vigilantes Push Up Italy?s, Spain?s Interest Rates: Is U.S. Next?

At Issue: Global Financial Crisis
Up to now, the dispensers of global financial justice -- the bond vigilantes -- have given the United States a free ride regarding its large budget deficit and national debt. But history say that can't last forever, which is why it's in the nation's long-term interest to enact the second half of budget cuts called for in the U.S. debt deal.
More news
Jay-Z and Kanye West

Jay-Z and Kanye West 'Watch The Throne' Gets 'Fresh'

You may not know him by name, but quasi newcomer--Hit-Boy, has been the brain behind many musical operations. He produced beats for the track "Stronger" for Mary J. Blige, "Froze" for Chris Brown, Lil Wayne and Eminem's "Drop the World" and now, he has lent an ear to Jay-Z and Kanye West's "N---as in Paris." As part of their "Watch the Throne" album, working on this track is a huge accomplishment for Hit-Boy.
At Issue: Arctic Oil

Obama Administration Moves to Open Arctic Drilling

In a move to expand America's domestic oil and gas exploration, the Department of the Interior began to reverse a moratorium on offshore drilling by approving Royal Dutch Shell's request to drill exploratory wells in the Arctic Ocean.
IBTimes Logo

Cleveland's Masterson Brings Down Boston

Cleveland starter Justin Masterson got off to a rough start against his former team Boston on Thursday but found his range to strike out nine and lead the Indians to a 7-3 win over the Red Sox at Fenway Park.
Michelle Williams, best actress nominee for her role in "Blue Valentine", arrives at the 83rd Academy Awards in Hollywood

Michelle Williams in "Marilyn" Film Gets NY Debut

"My Week with Marilyn," starring Oscar-nominated actress Michelle Williams as 1950s sex symbol Marilyn Monroe, will see its world premiere at the New York Film Festival in October, organizers said on Thursday.
Tapped Out?

Oil dives on risk retreat, year's gains erased

Oil tumbled as much as 6 percent on Thursday, with U.S. crude crashing through technical support to its lowest since February as mounting fears of a stalled economy set off a global race from riskier assets.
For Discussion: U.S. Economy

Disapproval of U.S. Congress Hits Record High: Poll

A record 82 percent of Americans say that they disapprove of the way Congress is doing its job, compared with 14 percent who approve, according to a New York Times/CBS News public opinion poll published on Thursday.
A demonstrator holds placards to protest U.S. debt in front of the Capitol in Washington July 18, 2011. REUTERS/Kevin Lamarque

Disapproval of Congress hits new high: poll

Disapproval of Congress rose to an all-time high after weeks of rancorous partisan battles over raising the U.S. debt ceiling took the country to the brink of default, according a New York Times/CBS News public opinion poll published on Thursday.
A Trader works on the floor of the New York Stock Exchange

Buyers ditch usual optimism after Wall Street mauled

After the terrible rout in markets on Thursday investors spoke of holding fast and even poking around for buying opportunities, but that's hard when the market is likely facing another weak U.S. jobs report on Friday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.