UNITED STATES

Fed extends low-rate vow in bid to help economy

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The Federal Reserve on Wednesday pushed back the likely timing of an eventual interest rate hike until late 2014, much later than it had previously said, as it nurses a still-sluggish economic recovery.
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Wall Street Rises on Apple Results, Fed Statement

The Nasdaq rose on Wednesday, powered by a strong earnings report from Apple, while the Dow and S&P 500 turned higher after the Federal Reserve said it would keep interest rates near zero through at least 2014.
Fried Food Heart Healthy

Fried Food Safe for Your Heart? 5 Tips for Cooking Healthy Fried Food

Is fried food a danger to your health? A new study does not seem to think so. A recent study published in the British Medical Journal has found that the connection between fried foods and cardiovascular health is a mistake, so long as the oil used is sunflower or olive oil. In order to keep the fried food you eat from increasing your risk of heart disease, be sure to follow these tips.
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Housing data points to slowdown in sales

Signed contracts for the sale of existing U.S. homes retreated from a 1-1/2-year high in December and demand for home loans fell last week, pointing to a moderation in home sales after recent hefty gains.
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Apple lifts Nasdaq in cautious market

The Dow and S&P 500 fell on Wednesday on concerns over Greek debt talks, stalling a strong rally from last year, but the Nasdaq rose on Apple's forecast-beating results.
Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange

World Stocks, the Euro down on Greek Default Fears

World stocks and the euro suffered on Wednesday as uncertainty about Greece's debt talks overshadowed strong economic data from Germany, blow-out earnings from Apple, and expectations that the Federal Reserve will push back the timing of an eventual rate hike.
Gabrielle Giffords at State of the Union

Gabrielle Giffords Resigns from Congress: I Will Recover and Will Return

Rep. Gabrielle Giffords officially resigned from the House of Representatives on Wednesday in an emotional goodbye for the three term congresswoman serving Arizona's 8th congressional district. She returned to the House floor one last time as her colleagues unanimously approved her bipartisan border security legislation as she stepped down from office.
President Obama

State of the Union Address, Or, Rather, the State of Obama's Imagination

If you listened to the president’s State of the Union address Tuesday evening, you may have been confused. The rosy picture he painted of America as a thriving, secure, prosperous, and upwardly mobile nation doesn’t match reality, as you and I know it. In fact, Obama’s reckless deficit spending has taken this country to the edge of financial collapse, leaving us jobless, economically stagnant, lacking in innovation, and weak in our national defenses.
Kim Dotcom

Kim Dotcom: What's next for Megaupload, Megavideo Founder Denied Bail?

Kim Dotcom, founder of file-sharing sites Megaupload and Megavideo, was denied bail on Wednesday. A New Zealand judge ruled that the copyright infringement suspect, a.k.a. Kim Schmitz and Kim Tim Jim Vestor, would be in custody for at least another month, saying he posed a significant flight risk.
delta-air-lines

Delta Diverts Polar Flights Due to Solar Storm

Delta Air Lines was diverting some flights on polar routes between Detroit and Asia to avoid disruptions to aircraft communications by a strong solar radiation storm, the airline said on Tuesday.

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