Consumer confidence took an unexpected dip in January, largely driven down by a tepid job market, negating gains over the last two months and falling short of economists' expectations.
Home prices fell more steeply than expected in November, and consumer confidence soured in January, highlighting the hurdles still facing the economic recovery.
The Queen of Pop will headline the 2012 Super Bowl halftime show with Nicki Minaj and M.I.A.
Sometimes humor doesn’t travel well: Two British nationals were barred entry to the U.S. for jokes made on Twitter.
The two giant jars on Randolph Taylor's windowsill are filled with shards of credit cards, chopped up by the clients whose staggering indebtedness drove them to the front line of Canada's household debt crisis.
Stocks gave up early gains to turn flat on Tuesday, weighed down by mixed corporate earnings and weaker-than-expected data on Midwest business activity and consumer confidence.
Canada's economy unexpectedly shrank in November for the first time since May, setting the stage for lackluster fourth-quarter growth and a sluggish start to 2012.
Both Paula Abdul and Nicole Scherzinger will not return to the X Factor next season, after news of a big shake-up to Simon Cowell's FOX series. The two judges, along with host Steve Jones, will be leaving.
Oscar winning actress Shirley MacLaine will be joining the hit British television series Downton Abbey in its third season. The series written by Julian Fellowes, follows the lives of the aristocratic Crawley family and their servants.
Competition from low-cost generic drugs squeezed quarterly profits at Pfizer Inc. and Eli Lilly & Co. but the drugmakers were able to somewhat weather those declines with help from other medicines.
Samsung Electronics lost a bid to overturn a ruling barring its local unit from selling its Galaxy 10.1 tablets in Germany, handing a symbolic legal victory to Apple Inc in efforts to keep its lead spot in the tablet computer market.
Actor Jon Voight offered his support to Mitt Romney for the 2012 GOP presidential bid in front of a crowd of hundreds at a Pensacola, Fla. seafood restaurant Saturday. Rallying alongside Romney and Sen. John McCain, the academy award winning actor claimed Newt Gingrich falls short of Romney in many ways, in hopes that Romney will win the Fla. primary.
For a central bank that wants to make transparency its hallmark, the Federal Reserve's new forecast of nearly three more years of super-low rates has left room for a few doubts.
Eli Lilly & Co's quarterly profit dropped 27 percent after its top-selling Zyprexa schizophrenia treatment lost U.S. patent protection and saw competition from generic rivals.
United Parcel Service posted a better-than-expected quarterly profit on Tuesday and forecast 9 percent to 15 percent growth this year as solid U.S. demand and growing e-commerce activity offsets an uneven global economy.
A World Trade Organisation ruling against China's restrictions on raw material exports could force changes to some of its rare earth policies but is unlikely to yield the boost in exports of the metals that consumers want to see.
Stock index futures pointed to a higher open on Tuesday, with sentiment improving on signs of progress in dealing with Europe's long-running sovereign debt crisis.
U.S. home prices fell more sharply in November, compared to the previous month, according to S&P/Case-Shiller Home Price Indices data released on Tuesday.
U.S. health regulators on Monday approved Roche's pill to treat an advanced form of the most common form of skin cancer, known as basal cell carcinoma.
President Barack Obama confirmed that the U.S. has been using drones to strike Taliban and al-Qaeda targets within Pakistan.
United Parcel Service said on Tuesday it expects profit to rise 9 percent to 15 percent this year, as solid U.S. demand and growing e-commerce activity offsets an uneven global economy.
Apple, which lost its retail chief to J.C. Penney last year, hired the CEO of Britain’s top electronics chain to replace him and push an international expansion.
