The U.S. will lose its top-notch AAA credit rating from at least one major rating agency, according to a Reuters poll that also found wrangling over the debt ceiling has already damaged the economy.
A new study incorporating interviews with more than 89,000 people in 18 nations revealed that 15 percent of people in high-income countries reported having been depressed, compared with 11 percent of those in low- or middle-income countries.
Katy Perry, 26, went blue in a fanciful mini dress with a Smurfette printed on it, for the New York City premiere of "The Smurfs" on Sunday. She finished off her 'Smurfy' look with mini-Smurf transfers on her nails and with eyeshadow in bright blue.
On Sunday night's episode of ?Keeping Up With the Kardashians,? bride-to-be Kim learned the cause behind those itchy, red patches she's suffered from lately.
The recession has blown open discrepancies in wealth between white Americans and minorities, with Hispanics seeing the most precipitous decline in average household wealth, according to a Pew survey.
Depression rates are consistently higher in more affluent countries than in low income countries, according to researchers who correlated socioeconomic data with depression levels.
The dollar fell on Tuesday as U.S. lawmakers remained deadlocked over raising the nation's debt ceiling to avoid a devastating default, while U.S. and European shares also declined.
McDonald's Corp said on Tuesday it will soon tweak its children's Happy Meals, reducing the french fry portion by more than half and automatically adding apples to the popular meals, after coming under pressure from consumer groups to provide healthier fare.
Motorola Solutions Inc lost a bid to dismiss a class-action lawsuit accusing it of misleading shareholders about deteriorating prospects for its cellphone business, resulting in investment losses.
The Ugandan High Court has ordered the police to produce a journalist who has been held in an unknown location for 13 days, after a local media watchdog sued security chiefs over his disappearance.
Gay marriage became legal in New York on Sunday as same-sex couples rushed to exchange vows on the first day; 659 marriage licenses were issued yesterday in New York City alone.
A group of seven teenagers enrolled in a back-country survival course encountered an aggressive grizzly bear in Alaska's Talkeetna Mountains, leaving four injured. Two remain hospitalized as their tale of survival is told to the world.
Troubled singer Amy Winehouse was found dead in her home yesterday afternoon: a death caused by ecstasy and alcohol sources say.
Troubled singer Amy Winehouse was found dead in her home yesterday afternoon after what police say is drug related, capping the end to a short life and even shorter career.
BlackRock's CEO Larry Fink urges President Obama and John Boehner to come to an agreement.
Ford's near-term success is riding on getting a new UAW contract that controls labor costs for the next four years. If Ford is successful, the company's costs paid for debt will improve with a credit rating upgrade.
A massive bloom of algae has spread to a size of almost 20,000 square kilometers in the waters off of China?s eastern coast, according to a report by the country?s state-controlled Xinhua news agency.
Swiss banking giant Credit Suisse may slash up to 2,000 jobs to reduce costs, according to a Swiss newspaper.
Home prices in 20 major U.S. cities rose 1.0 percent in May, Case-Shiller announced Tuesday, as the sector benefited from the arrival of the warmer months -- historically a period when home sales rise. Still, the housing sector remains sluggish, and several more monthly rises will be necessary to conclude that a recovery is underway.
She seemed out of it, Janis said, according to Us Weekly. But her passing so suddenly still hasn't hit me.
Here are some photos of Katy Perry's latest photoshoot with her new blond hair.
A day after hundreds of gay couples wedded, the first lawsuit was filed against the New York state measure, challenging politicians who allegedly violated open meeting laws as well as Senate rules on debate.