India's much-awaited "second wave" of reforms is likely to be delayed due to the dilly-dallying monsoon. Prime Minister Manmohan Singh, who doubles as the finance minister, is expected to hold the crucial policy decisions on allowing the FDI in retail sector and hike in diesel prices until at least the second week of September, Reuters has reported quoting official sources.
President Barack Obama, who remained mum on the issue of gun control, has finally broken his silence and called for "consensus" on reduction of gun violence across the United States, Reuters has reported.
Ron Paul's so-called "Audit the Fed" bill, aimed at making the U.S. Federal Reserve more transparent and accountable, passed the U.S. House of Representatives in a rare moment of bipartisanship on Wednesday.
Even if the Democratic-backed plan to allow the Bush tax cuts expire for the wealthiest Americans advances in the Senate on Wednesday, it has little chance of becoming law if Republicans continue to hold the House.
Google honored Amelia Earhart’s 115th birthday by gracing its homepage with a drawing of aviator boarding a Lockheed Vega 5B monoplane, which she used to fly solo across the Atlantic Ocean in 1932. The birthday celebration appears to be a bittersweet, appropriate commemoration on the heels of first female astronaut Sally Ride’s death on Monday.
Carly Rae Jepsen, the 26-year old Canadian singer of Call Me Maybe fame, released a new music video today fresh off her success at Sunday's Teen Choice Awards and a potential sex tape scandal.
The Philippine President, Benigno Aquino III, said on Monday that he will not give away what rightfully constitutes a part of his country in the territorial dispute with China, adding that Filipino troops will expand their military capabilities as a defense measure, although Manila isn't preparing for a fight.
On Sunday, China appointed 45 lawmakers to the congress in Sansha City, a Chinese prefecture established just last month. China Claims South China Sea Island With Military Garrison: Report
PBS receives about 15 percent of its total funding from the federal government, but that percentage is higher in rural areas where viewer support is lower. On July 17, House Republicans unveiled a spending bill that would eliminate funding for public television and its radio companion, NPR.
China will establish a military garrison on a disputed island in the South China Sea, amid escalating tensions that have strained its ties with the neighboring nations and the U.S.
Pranab Mukherjee, a veteran Cabinet finance minister backed by the ruling Congress party, was declared winner of the Indian presidential election Sunday.
Karlo Dizon, a Guam Redditor for three years, is competing in a primary race against longtime Guam Delegate Madeleine Bordallo to be the party's candidate in the general election for Guams' nonvoting delegate seat in the U.S. House of Representatives. Should Dizon win, it could be, as one person says, the biggest upset victory in the history of Guam politics.
Investors can monitor five stats to obtain a reading on the U.S. economy’s strength. Currently, these stats show a slowdown in U.S. GDP growth, which is why Congress should do more to create jobs and help increase the economy’s growth rate.
A group of U.S. Congress members demanded on Friday that the United Nations take responsibility for the cholera outbreak that hit the nation of Haiti beginning in 2010. The UN has so far not implicated itself in the incident.
The sudden removal of senior staff members at two Chinese newspapers known for irking government censors has sparked concerns of a media crackdown in the runup to China's decadal transition of power this October.
The Indian economy would see in this fiscal year its weakest growth rate in the past 10 years as the policy gridlocks and global economic uncertainties weigh heavily on the country.
U.S. stock index futures point to a higher opening Thursday as corporate earnings reported for the second quarter exceeded expectations, indicating that business conditions are on the path of revival.
As Washington struggles to address America's intensifying fiscal woes, it is getting help from an independent and growing brigade of budget experts, business tycoons and civic leaders.
Seeking to avoid another extension of Bush-era tax cuts for the nation's top earners, Senate Democrats unveiled a plan to let tax breaks expire for all Americans and then implement a separate tax cut for middle-class Americans.
U.S. stock index futures point to lower opening Wednesday as investors were disheartened after the Federal Reserve gave no indication of stimulus measures to boost the economic growth.
Asian stock markets were mostly lower Wednesday as the lack of explicit hints about further quantitative easing from Fed Chairman Ben Bernanke during his congressional testimony disappointed investors.
Asian markets fell Wednesday as investors were disappointed to note that the U.S. Federal Reserve Chairman Ben Bernanke did not offer any hint of monetary easing measures to rejuvenate the faltering economic growth.
