IBT Staff Reporter

The top four lawmakers in Washington on Wednesday responded to President Barack Obama's speech on long term fiscal policy, focusing on Obama's comments on health care coverage for seniors and increasing taxes.

The interbank silver market [in Asia] is dysfunctional says one Hong Kong dealer's note. Liquidity is getting worse while the price action is getting more exaggerated as a result.

U.S. regulators are probing whether some major banks colluded to manipulate a global benchmark interest rate before and during the financial crisis, the Wall Street Journal reported, citing people familiar with the situation.

Former BP chief executive John Browne is on the shortlist of candidates to become chairman of mining giant Glencore , a source familiar with the matter said, confirming news reports.

In the most damning official U.S. report yet produced on Wall Street's role in the financial crisis, a Senate panel accused powerhouse Goldman Sachs of misleading clients and manipulating markets, while also condemning greed, weak regulation and conflicts of interest throughout the financial system.

Wall Street stocks were set for a lower open on Thursday as worries about higher inflation and signs of job market weakness kept investors cautious.

People.com recnetly reported that actress Catherine Zeta-Jones was treated for Bipolar Disorder.

Tokyo Electric Power Co. has confirmed what many experts said all along -- that the spent fuel rods in one of the reactors were damaged and releasing radioactive material.

Russian billionaire Yuri Milner, a venture capitalist and social networking investor who has invested hundreds of millions of dollars in Facebook, Groupon and Zynga, is opening an office in Hong Kong, according to a source familiar with the matter.

China's foreign exchange reserves soared to a record of more than $3 trillion by end-March, while its money supply growth blew past forecasts, threatening to aggravate the nation's inflation woes and trigger more policy tightening.

A new video has emerged in which LA Galaxy star David Beckham bends three footballs into far away rubbish bins while on a California beach, promoting questions of whether he really did it or whether the incident was staged.

Stock index futures fell on Thursday before U.S. data that could shed light on the impact of rising commodity prices and as concerns grew over Chinese inflation.

The BRICS group of emerging-market powers kept up the pressure on Thursday for a revamped global monetary system that relies less on the dollar and for a louder voice in international financial institutions.

Stock index futures fell on Thursday as investors awaited data to assess the impact of rising commodity prices amid growing concerns over Chinese inflation.

Students perceive shoplifting and digital piracy differently, despite the fact that they are both forms of theft, finds a new study.

Stock index futures pointed to a slightly weaker start for Wall Street on Thursday, with futures for the S&P 500, Dow Jones industrial average and Nasdaq down 0.1 to 0.2 percent by 0847 GMT.

The end of an anti-alcohol campaign contributed to a plunge in mortality rates during its short life in the Gorbachev era, researchers said.

The U.S. Food and Drug Administration (FDA) has approved a new treatment system manufactured by Neurovasx Inc. for large brain aneurysms. Maple Grove-based Neurovasx's cPAX Aneurysm Treatment System is for surgery on brain aneurysms that are difficult to manage because of their size and shape.

The dollar sank to a 16-month low against a basket of currencies on Thursday as investors bet U.S. monetary policy would continue to be loose, while a report that Chinese inflation will rise dragged on equities.

The five BRICS nations took another step toward cementing their global influence on Thursday, calling for a broad-based international reserve currency system providing stability and certainty.

Tottenham made a valiant attempt to overturn their first leg deficit of 4-0 on Wednesday, but Real Madrid secured a 1-0 victory via Cristiano Ronaldo's goal at White Hart Lane to go through 5-0 on aggregate, setting up a semi final El Classico with Barcelona.

Photos and video of the April 12 Air France A380 Collision at JFK Airport have emerged.

A 15ft-long, six-wheeled behemoth that on first glance looks like a cross between the Batmobile and a (very) stretched limousine, billed as the 'Superbus' was unveiled in Dubai on Sunday.

Summary of details at Fukushima Nuclear Stations and other reactors by Japan's Nuclear and Industrial Safety Agency:

IAEA's latest status on reactors at Fukushima Nuclear Plant : the situation at the Fukushima Daiichi plant remains very serious but there are early signs of recovery in some functions such as electrical power and instrumentation

Suppliers to Apple Inc have begun production of white iPhones after a delay of almost 10 months, pointing to a launch date of within a month, two people familiar with the situation said on Thursday.

Catherine Zeta-Jones follows several celebrities including Ben Stiller and Sting into treatment for Bipolar Disorder. The actress was reportedly hit by the stress of husband Michael Douglas' throat cancer battle.

The BlackBerry PlayBook is to hit stores by April 19. While the new gadget is smaller than most other tablets, especially the iPad 2, it might just remain a good attempt from RIM to get into the tablet war. But the question remains whether it will be a capable player in the market.

Suppliers to Apple Inc have begun production of white iPhones after a delay of almost 10 months, pointing to a launch date of within a month, two people familiar with the situation said on Thursday.