Shares of iPhone maker Apple Inc. (AAPL) reached an all-time high of $325.72 on Wednesday's regular trading session.
US president Barack Obama welcomed the US Senate's ratification of the new strategic arms reduction treaty between the country and its former cold-war rival Russia. The President maintained that Wednesday's vote proves that Washington is not headed for 'more partisanship and more gridlock'.
President Barack Obama said on Wednesday that he will work to change the politics of the immigration debate on children of illegal immigrants in 2011 by engaging Republicans and making his case to the American people to pass the DREAM Act.
Lawyers for 20 U.S. states and Obama administration sparred in a Florida court over the constitutional challenges of the new healthcare law that requires all Americans to have medical insurance before 2014 or face a fine.
President Barack Obama said on Wednesday that implementation of a repeal of the Don't Ask, Don't Tell policy would be a matter of months.
Backdropped by the U.S. flag, and the flags of each military branch, President Barack Obama signed the repeal of the Don't Ask, Don't Tell into law on Wednesday.
The US Senate is due to vote on the new strategic arms reduction treaty between the country and its former cold-war rival Russia on Wednesday. The House on Tuesday voted to close out the debate 67 votes to 28, after the Democrats were joined by 11 Republicans.
National Association of Software and Service Companies (Nasscom) expects India’s IT-BPO industry to reach $70 billion mark by the end of the current fiscal following rise in demand for software technology products.
The Bank of Japan kept monetary policy on hold on Tuesday but warned of weakening factory output and business sentiment, assuring markets that it was focusing on downside risks to growth that may trigger further easing ahead.
Members of the U.S. Congress are convening on Monday in rare secret meeting closed to the public and media to deliberate on the START nuclear treaty presented to them by President Barack Obama.
An Obama administration task force examining allegations of fraud in the mortgage foreclosure process will deliver its findings next month, two top officials said on Monday.
U.S. Senate debate on the START nuclear treaty with Russia will restart Monday afternoon in a secret meeting behind closed doors after opening statements on the chamber's floor this morning.
S&P 500 Index gained 3.00 points, or 0.24 percent, to trade at 1,246.91 at 09:50 a.m. EST. The Dow Jones Industrial Average is up 7.11 points, or 0.06 percent, to trade at 11,499.02. The Nasdaq Composite Index rose 0.20 percent to trade at 2,648.31.
Wall Street banks have been gripped by a certain euphoria in recent weeks, with their economists touting a modest improvement in U.S. data as an omen of more robust growth to come in 2011.
The U.S. Senate on Saturday voted to repeal of the 'Don't Ask, Don't Tell' law, in a move that would pave the way for gays to serve openly in the military.
Stocks finished narrowly mixed in a quiet session as traders await President Barack Obama signing the tax-cut extension bill into law.
The U.S. economy is gathering steam as the year draws to a close, boosting optimism about prospects in 2011, according to measures published by two separate economic research firms on Friday.
U.S. state and local governments faced the realization on Friday that in just 14 days they will no longer be able to sell taxable Build America Bonds, the federally subsidized debt created in the economic stimulus plan to fund infrastructure projects and create jobs.
Congress passed a compromise deal late Thursday to keep alive Bush era tax cuts for all Americans and continue to provide unemployment benefits for millions of workers, with President Barack Obama set to sign the bill into law.
S&P 500 index futures dipped on Friday on renewed concerns about the euro zone debt crisis after Ireland's credit rating was slashed.
The S&P 500 and Dow were slightly lower on Friday on renewed concerns over euro zone debt, but the Nasdaq stayed in positive territory on some positive corporate results in the tech space.
World reacts against TIME magazine’s choice to snub Wikileak's founder Julian Assange and honor Facebook's Mark Zuckerberg as the 2010 Person of the Year title.
