UNITED STATES

The recent round of warm talks between U.S. and U.K. heads of government has yielded a huge political bonus for U.S. President Barack Obama, as the two leaders are set to announce a cooperative plan to released strategic oil stocks, something that is likely to help bring down the sky-high price of crude.

The U.S. cost of living probably increased last month on higher gasoline prices, economists said before Friday's CPI report. But the Federal Open Market Committee said earlier this week that the surge in energy prices is temporary and inflation will stay below the Fed's 2 percent target in 2012.

In August 2011, famed economist Nouriel Roubini put the probability of a U.S. double-dip recession in 2012 at 60 percent.

The retirement letter from Goldman Sachs Executive Director Greg Smith, which was published as an op-ed in the New York Times on Tuesday, has been the talk of the town and likely reason the company lost market value on Wednesday.

Experts are blasting U.S. Treasurys as bad investments because of their limited upside potential and serious downside risk.

President Barack Obama responded to attacks made by Republicans about his energy policy, arguing that the GOP strategy to lower gas prices was ignoring the facts.

Cisco Systems (Nasdaq: CSCO), the No. 1 provider of Internet gear, said it plans to acquire NDS of the UK in a move to bolster its growing presence in media communications.

Britain has decided to cooperate with the United States in a bilateral agreement to release strategic oil stocks, two British sources said, in an effort to prevent high fuel prices from derailing economic growth in an election year.

Jennifer Lawrence is quickly heading towards super-stardom as the lead in the hot new film The Hunger Games. At both the film's U.S and UK premieres, the actress proved to be a fashionista as well.

PepsiCo, Inc. might be associated with refreshing cola, but the company has hit a giant milestone with their popular “Banner Sun” potato chip brands. “The “Banner Sun” potato chips, which are comprised of Lay’s (U.S.), Smith’s (Australia), Walkers (U.K.), Elma’s (Brazil) and Sabritas (Mexico), have reached over $10 billion in global retail sales. The food company has been catering to chip taste preferences around the world, fueling their rising sales

A federal appeals court stopped just short of throwing out a judge's controversial rejection of the U.S. Securities and Exchange Commission's $285 million settlement with Citigroup Inc in a fraud case.

A senior Republican senator on Thursday warned the White House that passing legislation to bolster trade relations with Russia won't be a slam dunk because of concerns over that country's record on human rights and foreign policy actions.

Smartphone users with slippery fingers may be in luck with the iPhone 5. According to TechRadar, a company that produces water-repellent gadgets has been talking with Korean manufacturers about liquid-proof parts.

The agreement, originally signed in July 2007, was only ratified by the U.S. congress after a renegotiation to address complaints from the American auto industry.

Greg Smith was a principled and competitive student, the kind of person whose strong sense of right and wrong probably pushed him to resign from Goldman Sachs in a scathing letter to an international newspaper, his former teacher and coach said.

Here are some good reads for St. Patrick’s Day.

U.S. mortgage rates rose with the improving economy, but remained near historic lows in the week ending March 15, Freddie Mac reported Thursday.

Every couple of weeks it's nice to look back and see just how far Apple has come.

Clint Eastwood has managed to keep his personal life out of Hollywood's hawk eye for decades, but all that is about to change after his wife and children have agreed to star in a reality show for E! Entertainment.

Why did Greg Smith's resignation letter go viral on the Internet?

The researchers of Climate Central and the University of Arizona has predicted that about four million Americans could be at the risk of severe flooding by the end of 21st century due to unexpected climate changes and sea level rise.