NEW YORK

Washington policymakers are seeking to make it easier for states to declare bankruptcy and escape the burdensome debt that they labor under, often exacerbated by generous pensions paid out to retired public employees.

Joe Namath may be the greatest icon in New York Jets history, but since he’s originally from the Pittsburgh area, his family members will be rooting for the Steelers in this Sunday’s AFL Championship games.

New York City's unemployment rate fell two-tenths of a percentage point to 8.9 percent in December from November, but the tourism-related sector hired fewer workers than expected, labor experts said on Thursday.

The U.S. Federal Reserve's latest $600 billion bond-buying program is built on the idea that most of the stubbornly high unemployment rate is reversible, if only borrowing costs are pushed low enough.

A New York Jets win this Sunday not only would propel the team to its first Super Bowl appearance since 1969, but could also give the team a boost in revenue while it makes payments on $650-million in debt.

After a season spent trash-talking and baiting opponents, the New York Jets have turned their AFC Championship clash against the Pittsburgh Steelers Sunday into a gridiron lovefest.

Gold touched a two-month low in Europe on Friday, pressured by a firmer appetite for assets seen as higher risk on expectations the economic recovery was gaining traction, but a retreat in the dollar prevented a steeper drop.

US President Barack Obama will run his re-election campaign based out of Chicago even as his close aide laid to rest media speculations about Obama seeking a re-election in 2012.

Melting of Greenland ice sheet set new record in 2010, as some areas in the second largest ice body in the world experienced melting for longer duration last year, says a research conducted by the World Wide Fund for Nature (WWF) and City College of New York.

Citing previous commitments to HBO he exited the movie

Facebook co-founder Eduardo Saverin and YouTube co-founder Jawed Karim are investing $8 mln in Series A funding into Qwiki, a startup pioneering the information experience via on-the-fly transformation of data into rich media narratives

Students in 54 Miami-Dade County Public Schools in Florida are studying in virtual classrooms where core subjects are taught entirely on computers.

The United States warned China that if it didn't rein in its ally North Korea it would redeploy forces in Asia, the New York Times reported on Friday, as Pyongyang bowed to pressure and agreed to crisis talks.

HSBC Holdings Plc is laying off about 500 employees as it ends credit card customer service and collections work at a center in New Castle, Delaware.

For Jeff Immelt, the CEO of General Electric (GE.N`), the 130 year-old American industrial behemoth, the financial crisis marked the end of the age of America's economic dominance.

Abdel Nur, a Guyanese national, has been sentenced by a U.S. district court judge to 15 years in prison for providing material support to a terrorist group that had conspired to attack John F. Kennedy International Airport in Queens, New York, by exploding fuel tanks and the fuel pipeline under the airport.

Blockbuster Inc. on Thursday received three more months to negotiate store leases with its landlords -- its second restructuring extension this week -- giving the video rental chain more time to try to reorganize its business.

One of the greatest, most popular and iconic rock-and-roll stars of all-time was of Indian descent – Freddie Mercury, the charismatic (some would sneer over-theatrical) lead singer of British music group Queen.

Organized crime - as embodied by the U.S. mafia - hasn't gone away and is a nationwide concern for businesses and consumers, the head of the FBI said on Thursday after over 100 mafia members and associates were arrested and charged with a wide-range of crimes.

Reports that some financial institutions have started to exit their gold positions have been circulating this week, says French bank and London bullion dealer Natixis in its latest commodity analysis. Physically-backed ETF trust funds shrank almost 1% this week on Natixis' data - the sharpest weekly drop since we started keeping records in 2008.

TerreStar Networks bankruptcy still has issues to untangle before a buyer comes in.