UNITED STATES

While the average American is making less and the income gap widens, big banks find themselves in the middle of a fee-for-all.

President Obama says he feels an obligation, not pressure, to consult with Israel on Iran's nuclear capabilities.

Despite the recent efforts from competitors like Samsung and Motorola to denigrate the all-new iPhone 5, customers have lined up to purchase Apple’s latest smartphone in record numbers. Since its release last Friday, the iPhone 5 sold more than five million units in its first weekend available. The Cupertino, Calif.-based computer company announced the news in a press release early Monday morning. Apple: iPhone 5 Sales Top 5 Million Units In First Weekend Of Release

Apple said it sold 5 million iPhone 5s, although some analysts had expected double.

Maker of electronics components for Apple, Hewlett-Packard and Microsoft shuts factory for a day after its workers riot at nearby housing facility.

Global rating agency Standard & Poor’s (S&P) Monday cut the economic growth forecast for the Asia Pacific countries, including China and India, citing the slowdown in China, euro zone troubles and a slower-than-expected recovery in the U.S.

Asian stocks markets mostly declined Monday as the excitement over the announcement of the QE3 by the U.S. Fed Reserve faded while concerns over the euro zone crisis and growth slowdown in China also weighed.

CNN came under fire Saturday from the U.S. Department of State for reporting on the personal journal of slain U.S. Ambassador to Libya Christopher Stevens disregarding objections from his family.

When New Zealand law-enforcement officials raided the home of Kim Dotcom in January, they probably didn’t think the Megaupload founder would arrange for the return of the file-hosting site. That didn't stop Dotcom from taking to Twitter Friday and teasing that the new version of his site is almost complete, as noted by TorrentFreak.

Iran would launch a pre-emptive strike on Israel were it to perceive an imminent attack, an Iranian senior military commander said Sunday.

The Libyan military has ordered militia groups around Tripoli to lay down their arms and disband or be forcibly removed.

The Pakistani prime minister has condemned his own Cabinet minister’s $100,000 reward for killing the maker of the anti-Islamic video, "Innocence of Muslims," that set off outrage among Muslims across the world.

Egypt’s new President Mohamed Morsi, who is on his maiden visit to the U.S., is urging Washington to change its approach to the Arab world and adjust to its transformation.

If the U.S. elections were held not Nov. 6 but today, it appears there would be no change in control at either the White House or the Congress.

Iran accused German manufacturer Siemens of sabotaging and booby-trapping parts purchased for its uranium enrichment program.

The two former Navy SEALs who died in an attack on the U.S. Consulate in Benghazi, Libya, were reportedly on a mission to rescue the main consulate building's occupants last week.

Two men have been arrested and charged in connection with a burglary that occurred near President Obama's re-election campaign headquarters in Chicago. A third man is still wanted.

Aung San Suu Kyi was in New York on Saturday, where she met with U.N. Secretary General Ban Ki-Moon.

Most Asian stock markets ended on a negative note last week as the weak fiscal reports from the major economies and the China-Japan tensions weighed on the sentiment.

The top after-market NYSE Friday were MPG Office Trust, E-House (China) Holdings, Pzena Investment Management, MetLife and Key Energy Services. The top after-market NYSE losers were Clear Channel Outdoor Holdings, JinkoSolar Holding Co, Blyth, KAR Auction Services and EnergySolutions Inc.