Home prices are stagnant, crude oil is tumbling and copper has fallen to a seven-month low. Inflation is not the problem. What is the problem is inflation's evil twin, deflation.
Futures on major U.S. indices point to a slightly higher opening Tuesday ahead of the nonmanufacturing composite index report, as well as a teleconference among G7 leaders.
Gold edged up Tuesday as oil and equities gained ahead of emergency talks by the Group of Seven leading industrialized powers, which will discuss the deepening problems in the euro zone that threaten to spur a global economic meltdown.
For most Chinese nationals under 30, the Tiananmen Square Massacre does not even register on their timeline of contemporary historical events.
Brazil's oil regulator announced Monday it could affix a fine Chevron Corp., would have to pay for a November oil spill off the coast of Rio de Janeiro by this summer.
The American Petroleum Institute and America's Natural Gas Alliance are criticizing the U.S. Environmental Protection Agency's most recent natural gas emission estimates and suggest actual industry emissions are half what federal regulators say.
Stocks have wiped out their year-to-date gains. US payrolls are down while unemployment is up. Yields on high-demand government bonds are at record lows. Speculation abounds the US Fed might even print more money. Is it any wonder some are talking about gold?s rebound?
Jon Corzine, the former chief of MF Global and governor of New Jersey, could be the target of a possible lawsuit linked to the brokerage's bankruptcy and disappearence of $1.6 billion in client funds.
Peru's Supreme Court has approved the United States extradition request for Joran van der Sloot, the man suspected in Natalee Holloway's disappearance,. but the Dutchman must first serve out his 28-year prison sentence, according to the Associated Press.
Few are familiar with the Cristero War that took place from 1926 to 1929 in Mexico. The brutal warfare began after persecuted Catholics refused to stop practicing their religion. An astounding 90,000 Mexicans were killed during the conflict -- including priests, nuns, and children. The film For Greater Glory, released Friday, shines a spotlight on this little-known but horrific piece of history.
In what could be the start of a new era of military and political cooperation, Vietnam said on Monday that it would give the United States permission to search for the remains of four soldiers who went missing during the Vietnam War.
Madonna is scheduled to perform in Paris on Bastille Day (July 14) and later in the coastal city of Nice in August.
China is boldly heading where few have gone before, but in the opposite direction from where most would imagine.
On Monday, Hawaiian Airlines will fly into its first major market on the East Coast, New York City, expanding its reach across the United States.
Sick of commuting, New York State Senator Thomas Duane will not seek reelection when his term ends Dec. 31.
Obesity is a national epidemic. ABC's Extreme Makeover: Weight Loss Edition aims to help people combat obesity by directly helping those who are fighting the uphill battle. Trainer and transformation specialist Chris Powell offers his weight loss tips for a healthier, happier life.
Diamond Jubilee celebrations continue in London over bank holiday Monday with a star-studded line up for the highly anticipated concert at Buckingham Palace.
Chinese oil company CNOOC said the localsubsidiary of U.S. oil company ConocoPhillips is cleaning up a small and contained oil spill, on the site where a much larger spill occurred last year.
A new stealth destroyer being built for the U.S. Navy is slated to cost the service branch $3 billion a ship. The new DDG-1000 destroyer, which is expected to be delivered by 2014, contains state-of-the-art technology that makes it virtually undetectable as it sneaks up on coastlines and pound targets with electromagnetic railguns.
Move over, George Clooney. The Obama campaign is taking full advantage of star power from two famous fashion icons to raise money, an effort being mocked by the Republican Party as pretentious and out of touch.
She will journey to Georgia on Tuesday, travel to Azerbaijan on Wednesday, and then move on to Turkey.
Shawn Johnson retired from gymnastics after winning four medals at the 2008 Olympic Games.
