U.S. 30-year fixed-rate mortgages fell to a record low of 3.62 percent, its 10th such weekly record low in the last 11 weeks, following weak economic data, mortgage financier Freddie Mac said Thursday.
The Institute for Supply Management said its services sector index, which covers about 90 percent of the economy, dropped to 52.1 in June from the prior month's 53.7, to mark the worst reading since January 2010.
Planned layoffs fell to a 13-month low in June as U.S. employers announced 37,551 job cuts, a 39 percent reduction from May, according to a report from consultants Challenger, Gray & Christmas Inc.
A Japanese study found that among more than 5,000 adults who went into cardiac arrest outside of a hospital, the odds of surviving were up to two times higher when more than one person tried to help.
Kenyan had signed a deal in June to purchase about 4 million tons of oil from the Iranian National Oil Company.
U.S. private employment rose by 176,000 from May to June, on a seasonally adjusted basis, according to an ADP report issued Thursday.
The number of Americans lining up for new jobless benefits last week had its biggest decline in two months, the Labor Department said Thursday, easing fear that the labor market recovery was stalling.
The European Central Bank, in a widely anticipated move aimed at limiting the number of euro zone nations falling into recession, on Thursday cut its main interest rate to a historic low of 0.75 percent and cut its overnight deposit and lending rates by 0.25 percentage points each, to 0 percent and 1.5 percent, respectively.
Even before the excitement over the discovery of the Boson-like particle could die down, scientists seem to be clamoring for their pound of flesh in staking their claim for the particle discovery, and thereby the Nobel Prize.
The United States will file an unfair trade complaint with the World Trade Organization against China for its duties on U.S.-made car imports.
India is purchasing oil from Iran using euros to overcome the problems faced in making transactions in the rupee due to its limitations of direct conversion into foreign currencies abroad.
U.S. stock index futures point to a slightly lower opening Thursday ahead of a crucial European Central Bank meeting in Frankfurt where a cut in interest rates is likely to be announced.
Americans rejoicing the 4th of July celebrations had a rare date with history when researchers in Germany unearthed a rare 16th century map produced by master cartographer Martin Waldseemueller.
Oil prices remained near $87 a barrel during Asian trading hours Thursday as investors were awaiting the key monetary decisions from the European Central Bank (ECB) and Bank of England.
In an unexpected about-face on Wednesday, Republican presidential candidate Mitt Romney called the individual mandate fee under Obama's healthcare plan a tax, rather than a penalty.
Not only will hundreds of thousands of people in the eastern portion of the United States be enjoying (or not) their Independence Day holiday without power, many of them will also be sweating it out through the weekend.
Five NATO soldiers were wounded by a man dressed in an Afghan army uniform on Tuesday; they are now undergoing medical treatment.
Happy Fourth of July everyone! In order to celebrate out nations favorite holiday we've compiled a list of some of the strangest Independence Day facts, courtesy of ABC News.
On Wednesday, Iran threatened to destroy U.S. military bases immediately following any attack on its own territory.
Police in Montreal have found what is believed to be the head of a Chinese university student who was allegedly murdered and dismembered by his boyfriend.
70 years ago Wednesday, one of the legendary fighter squadrons of World War II disbanded. A restaurant, of all things, remembers the heroic feats of the American pilots, but to find it you'll need to travel to a faraway part of China.
Former Barclays boss Bob Diamond testified Wednesday before the British Parliament's Treasury Select Committee denying that anyone in the British government instructed the bank to manipulate the rate that determines the cost of trillions of dollars worth of loans and derivatives traded worldwide every day.