American teen sensation Missy Franklin lived up to lofty expectations as she won her first Olympic gold medal in the 100-meter backstroke with a time of 58.33 on Monday.
The week is chock-full with data releases that will confirm if the summer malaise continued in July. As always, Friday's employment report will carry the most weight. Another highlight of this week is the much anticipated Federal Open Market Committee meeting on Tuesday and Wednesday.
“The country is facing a huge supply shortfall this summer."
U.S. stock index futures point to a lower opening Monday as investors remained cautious while waiting for the central banks around the world to announce stimulus measures to recover the economic growth.
Japan’s industrial output declined in June, which is the third consecutive month showing a fall, indicating that the weakening global demand and the debt burden faced by the euro zone are affecting the country’s economy.
Most of the Asian markets rose Monday as investor confidence was lifted by the hope that the central bank around the globe would announce stimulus measures to regain the economic growth momentum.
South African swimmer Cameron van der Burgh, 24, set a new world record for the men's 100-meter breaststroke at the 2012 London Olympic Games. His record time, 58.46 seconds, shaved 0.12 seconds off the previous record of Australia's Brenton Rickard.
Thousands of irate protesters swarmed over Hong Kong's thoroughfares on Sunday and marched toward government headquarters to lash out against a government-proposed school curriculum plan, which they said was an attempt to indoctrinate students by lauding the feats of the Chinese Communist Party.
Ryan Lochte was the big story at the Olympics Games on day one, but it also was a great day for the U.S. beach volleyball duos, the country's women's basketball squad, and the nation's men's gymnastics team as the Americans look impressive after a successful first day in London.
It's only the first full day of the 2012 Olympic Games in London, and the U.S. has already earned its first gold medal: American swimmer Ryan Lochte took home the gold for swimming in the 400-meter individual medley.
Some blame oil. Others blame a loss of pleasure in the roads. Researchers call it “peak travel.” Whatever the reason, one thing's clear: Americans are not driving their cars as far away from home as they used to.
This stomach-churning conclusion may sound far-fetched, but it's actually the result of United Nations research into feeding the world in the coming decades.
The 2012 London Olympics are underway, with Brazil and China leading all countries in the early medal count. Find out here where to get an up-to-the-minute, accurate tally of the medal count.
Japan’s consumer prices declined in June indicating that the country’s economy continues to be affected by the soft global demand, the worsening crisis in the euro zone and the strengthening yen.
Most of the Asian markets fell in the week following the revival of the investor concerns about the deepening debt burden faced by the euro zone and worsening global economic growth.
If Apple and Samsung were people instead of corporations they would get along about as well as the Hatfields and McCoys. That is to say they'd probably take up arms against each other.
A bit of good news, from one of the scariest places on the planet, to mark the anniversary of 59 years of non-peace.
Women in Hong Kong are living longer than those in Japan according to the latest annual report from the Japanese health ministry.
The 2012 London Games are here and billions around the world are anticipating three weeks of exciting action from their country's finest. Over 10,000 athletes will participate and represent 204 nations in 302 events. Before the medals are handed out however, the world will be focused on a spectacle that will unite a concert, theater production, film, art, politics, and sports: the opening ceremony.
Rationing was so severe, that British athletes were forced to consume whale meat for sustenance.
Asian stock markets rallied Friday as comments from European Central Bank (ECB) president raised hopes for further central bank action in Europe to alleviate the sovereign debt crisis.
Japan’s retail sales growth slowed down in June as compared to May, indicating that private consumption being affected by the faltering global economic conditions.
