U.S. economic growth in the first half of the year has been quite a bit slower than expected, a top U.S. central bank official said on Thursday, causing him to temper his expectations about the pace of economic recovery.
Consumer prices rose faster than expected in July as gasoline rebounded sharply, but a moderation in underlying price pressures backed the Federal Reserve's view of a low inflation environment.
Apple's latest lawsuit comes from 27,000 South Koreas, upset over privacy violations involving location services on the company's iPhone smartphone, iPad tablet and iPod Touch.
Upon first viewing the cover of W where "Breaking Dawn"'s Kristen Stewart is dolled up in a Gucci silk chiffon gown and pounds of make-up, you find it hard to believe that it is even her. She is in a 60's glam-themed look. Her hair is teased and blown out into a bouffant. Her eyes are winged in black and her lips are nude with dark eyebrows. Kristen Stewart is often criticized for her lazy, often under-dressed look. Some fans like her casual nature, while others hate it. Perhaps this...
Consumer prices rose faster than expected in July as gasoline rebounded sharply, but a moderation in underlying price pressures backed the Federal Reserve's view of a low inflation environment.
New U.S. claims for unemployment benefits rose more than expected last week, according to a government report on Thursday that suggested hiring in August was steady but not robust.
Retailer Sears Holdings Corp , which is controlled by billionaire investor Eddie Lampert, reported a wider-than-expected quarterly loss on weak sales, bigger discounts and higher costs.
For a celebritiy wedding, Kim and the Kardashian clan have been ultra-vocal about the plans and preparations for the big day. Her wedding will even air on television as "Kim's Fairytale Wedding: A Kardashian Event," an E! Special, in October. "Every single aspect of her life is on TV. I don't know what is private. We've seen her doing everything," says US Weekly's Melanie Bromley.
Highly trained dogs can sniff out lung cancer in its early stage, while it is treatable, a new study suggested.German researchers discovered that dogs could pick up on the smell of organic compounds related to lung cancer, through human breath.
The Justice Department is investigating whether Standard & Poor's improperly rated dozens of mortgage securities in the years before the financial crisis, The New York Times reported on Thursday, citing sources familiar with the matter.
History suggests the misery suffered by stock investors this summer should end soon, even if relying on precedent seems risky in this year of surprises.
Another act has been added to Lady Gaga's jaw-dropping antics. She is seen removing her bra in the promos of her new music video. Gaga, who is all set to perform at the 2011 MTV Video Music Awards, has released her upcoming performance with three short promos.
Stock index futures sank on Thursday as a gloomy forecast on global growth and continuing worries about the European debt crisis shook up investors ahead of data on jobless claims and consumer prices.
Forest Laboratories Inc's showdown with activist investor Carl Icahn should be resolved on Thursday, when shareholders meet to pick the drugmaker's new board of directors.
Holcim , the world's second-largest cement maker, posted weaker-than-expected profit in the second quarter, pummeled by the strong Swiss franc and rising raw material costs.
Retailer Sears Holdings Corp , which is controlled by billionaire investor Eddie Lampert, reported a wider-than-expected quarterly loss on Thursday as weak sales and bigger discounts ate into margins.
Stock index futures pointed to a sharply lower open on Wall Street on Thursday, with futures for the S&P 500 down 2 percent, Dow Jones futures down 1.5 percent and Nasdaq 100 futures down 2.2 percent at 5:17 a.m. EDT.
A former Chinese official's manifesto for a new burst of reform mixing Mao, markets and guarded political relaxation has opened a rare window into ideas shaping the country's next generation of princeling leaders.
China Mobile Ltd, the world's biggest mobile operator, has met with Apple Inc Chief Executive Steve Jobs several times on introducing an iPhone based on its network standard.
Hackers broke into the Bay Area Rapid Transit's system Web site, leaking information on BART police, but Anonymous is denying responsibility this time.
British regulator Ofcom has fined TalkTalk Telecom and subsidiary Tiscali UK 3 million pounds ($5 million) for sending thousands of customers incorrect bills.
China Mobile logged its fastest half-yearly profit growth in nearly three years and said it hopes to soon launch Apple's popular iPhones to accelerate uptake of high-end 3G services.
Banks operating in the European Union dismissed a Franco-German proposal for a tax on financial transactions, saying it would not stabilize markets and could serve to distort them.
The estranged husband of "Real Housewives of Beverley Hills" star Taylor Armstrong, who was found dead Monday, had apparently begged a friend for anxiety drugs days before his death, reports TMZ.
Coca-Cola , the world's largest soft drinks producer said on Thursday it will invest $4 billion more in China over the next three years starting from 2012.
