The S&P 500 rebounded from its worst week so far this year to retake a four-year high on Monday after Federal Reserve Chairman Ben Bernanke signaled supportive monetary policy will remain even though the job picture has begun to improve.
Deutsche Bank AG has agreed to pay $32.5 million to investors who said they were misled about the quality of mortgage loans sold to them as highly rated securities right before the U.S. housing market imploded, court papers show.
Blackstone Group LP and Bain Capital LP have tapped banks for an initial public offering of Michael Stores Inc, North America's largest specialty retailer of arts and crafts which they paid over $6 billion to take private in 2006, four people familiar with the matter said on Monday.
Italy's top winemakers are joining forces with the country's luxury goods elite as the world's second-biggest wine producer tries to give itself an edge in the battle for U.S. and emerging market customers amid falling consumption at home.
Stocks surged Monday after Federal Reserve Chairman Ben Bernanke suggested the U.S. central bank would continue its present monetary policies and keep interest rates low, offsetting soft readings on the domestic economy.
Drug-resistant tuberculosis is becoming a widespread problem, according to a WHO researcher.
March auto sales are expected to reach their highest levels since 2007, driven by increased consumer confidence, inventory levels, demand for fuel-efficient cars and redesigns of popular models like the Toyota Camry and Honda Civic, according to recent industry reports.
The economy needs to grow more quickly to bring the unemployment rate down further, Federal Reserve Chairman Ben Bernanke said on Monday, defending the central bank's policy of very low interest rates.
The three governments worked closely with the International Atomic Energy Agency (IAEA) on the project.
Ever since Rihanna and Chris Brown collaborated on remixes of each other's tracks Birthday Cake and Turn Up The Music, fans and media have been speculating that the two R&B stars were dating again in secret, following their notorious 2009 breakup after Chris Brown punched Rihanna repeatedly while driving his car (according to the police report). Now the news is leaking that RiRi and Breezy may be reuniting on stage this Summer at the SupaFest music festival in Brisbane, Austra...
Israel severed ties Monday with the United Nations Human Rights Council after it voted to initiate an investigation into human rights abuses in the occupied Palestinian territories.
BMW has recalled 1.3 million cars worldwide due to a battery cable cover problem, which could potentially cause a fire, according to the premium car manufacturer.
BMW AG , the world's largest premium carmaker, is recalling about 1.3 million cars for repair worldwide due to a possible problem with a battery cable cover in the trunk, the carmaker said on Monday.
U.S. companies borrowed more to buy equipment in February than a year ago, though less than in January, and spent mostly for new technology and aging goods replacement, the Equipment Leasing and Finance Association said on Monday.
Secondhand smoke and bed sharing are major risk factors for SIDS, according to a new study.
Stock indexes gained 1 percent on Monday after Federal Reserve Chairman Ben Bernanke signaled a supportive monetary policy will stay even as the unemployment rate improves.
The justices Monday heard debate as to whether Americans can challenge the Affordable Care Act's insurance-purchase requirement even though that part of the law isn't scheduled to take effect until 2014.
Is Frank Martin headed to Kansas State?
Of 505 respondents, 77 percent believe Iran presents a grave threat to Israel's existence and 60 percent think only a military attack on Iran will stop its nuclear program.
As heads of state gathered for talks, demonstrators chanted: No nukes Asia, no nukes Korea, No nukes [America], no nukes anywhere! Many cited the disaster at power plants hit by the March 2011 earthquake and tsunami in Japan as proof of nuclear power's inherent risks.
Stocks rose on Monday, rebounding from last week's decline, after Federal Reserve Chairman Ben Bernanke suggested the central bank would continue supportive monetary policies, even as the unemployment rate improves.
The Nobel Peace laureate, who is running for parliament, will spend at least four days at home, her National League for Democracy party said. Suu Kyi fell ill while campaigning Sunday.
