Investors fled Wall Street in the worst stock-market selloff since the middle of the financial crisis in early 2009 in what has turned into a full-fledged correction.The Dow and the S&P tumbled more than 4 percent on Thursday and the Nasdaq lost 5 percent on fear the United States is staring at another recession and that Europe's sovereign debt crisis is swallowing two of its largest economies.
Kate Middleton makes her way onto Vanity Fair?s 72nd Annual International 'Best-Dressed' List this year, making the fashion cut for the second time in 3 years. Middleton's inaugural appearance came in 2008, and a whirlwind of fashion successes followed.
The Tea Party-swayed Republican Party won the U.S. debt deal crisis: federal spending was cut substantially. But amid a weak economy, did the coalition cut spending too soon?
New York City has announced its plan to spend $127 million in public and private funds on the launch of a major policy initiative to help the minority youth in the city.Mayor Michael Bloomberg and hedge fund manager George Soros will each donate $30 million according to the mayor's office.
President Barack Obama turned 50 on Thursday. But the celebration was muted by a big decline on Wall Street. Some economists are suggesting the U.S. is just "one shock" away from another recession, and questions are being peppered to Obama about his plans for turning around the U.S. economy.
iPad Head Girl hits the Big Apple
The Bank of New York Mellon announced Thursday that it will start charging large customers a small fee for taking their deposits. Starting August 8, clients with $50 million or more will be charged 0.13 percentage points for balances 110 percent above their average balance.
AT&T Inc said some New York customers had voice service outages on Thursday morning because of a software problem that occurred during "routine maintenance activities."
The man behind the "Sex and the City" TV series and movies said on Wednesday he is not working on a possible "prequel" and has no interest in one, quashing media speculation about a new chapter in the hugely successful franchise.
Faye Dunaway, the Oscar-winning actress, said on Wednesday that she intends to give up her rent-stabilized New York City apartment after her landlord filed papers in housing court Tuesday to evict her for not actually living there.
Charles "Bubba" Smith, a 66-year-old actor who was well-known for his performance in Police Academy shot in 1984,,was found dead at home in L.A. on Wednesday.
Charles "Bubba" Smith, a 66-year-old actor who was well-known for his performance in Police Academy shot in 1984,,was found dead at home in L.A. on Wednesday.
After a spectacular MVP season in 1968, Morall performed poorly in the Super Bowl ? among other things, he threw three interceptions.
The Prime Minister cracks down on lax safety.
Thousands of civilians were fleeing the city, a bastion of protest surrounded by a ring of steel of troops with tanks and heavy weapons
Company had no verifiable address, clients, or business operations, and was dissolved four months after it was formed
A tour bus crash in Upstate New York has left 28 people injured, four seriously, in the third such incident in less than three week's time.
New U.S. claims for unemployment benefits were little changed last week, a government report showed on Thursday, pointing to a marginal improvement in the labor market.
Newly released data on HIV revealed that the rate of new infections has for a decade been stuck at 50,000 a year, with the rate of new infections for young bisexual or gay men, particularly African-Americans, rising sharply.
The New York Yankees came out swinging and battered the Chicago White Sox into submission on Wednesday, keeping pace in the American League East title race with an 18-7 victory in a 37-hit slug-fest.
The Yankees slugger may miss additional games as he recovers from knee surgery.
His campaign strategists have not been able to get their act together till date
