Sony Corp and rival Panasonic Corp are set to report a slump in quarterly earnings and may cut full-year forecasts after being hit by yen strength, Thai floods and consumer gloom in Europe during the vital pre-Christmas period.
U.S. workers suffered many more job losses during the 2007-2009 Great Recession than in downturns over the past 30 years, and fewer than half got another position within six months of the recession's official end, researchers said on Tuesday.
Pressure from financial institutions and Treasury officials undermined an effort to limit executive pay at seven companies rescued with taxpayer money, a new government audit showed on Tuesday.
Mitt Romney was desperate for a strong debate performance in Florida's Republican debate Monday night to restore momentum for his campaign, and delivered repeated sharp attacks on rising rival Newt Gingrich.
While global financial markets have calmed down in the waning days of 2011 and early 2012, debt problems in eurozone, China's real estate problem and oil price pressure are three big concerns which haunt the near-term outlook according to a leading macro-economy guidance organization.
The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the government-controlled mortgage firms to write down the principal on underwater home loans would require more than $100 billion in fresh taxpayer funds.
Japan's Nikkei average hit its highest level in nearly three months Tuesday on hopes that a Greek debt deal will still be reached even after European finance ministers rejected an offer by Greece's private creditors.
President Barack Obama will deliver his State of the Union Address 2012 on Tuesday night and a live stream is available online. The State of the Union Address will be delivered on Tuesday, Jan. 24, at 9 p.m. EST in the chamber of the United States House of Representatives. The theme is, America Built to Last.
The four presidential candidates remaining will gather for the 18th debate of the cycle on Monday, in Tampa, Fla. Tonight's NBC/National Journal/Tampa Bay Times debate will air at 9 p.m. ET on NBC's Rock Center and will be moderated by NBC's Brian Williams. Watch the live stream here.
The U.S. Supreme Court Monday reached a landmark decision in a case pitting privacy against law enforcement use of GPS technology. But does the ruling go far enough to prevent George Orwell's 1984 scenario?
With the Florida primary just eight days away, GOP candidates Mitt Romney, Newt Gingrich, Rick Santorum and Ron Paul will meet at the University of South Florida in Tampa, Fla. tonight for the first of two debates before the Republican primary. After Gingrich's upset in South Carolina, the race is no longer Romney's to win, making the Southern state a battleground for the four remaining candidates.
A boom in shale oil production will raise U.S. domestic crude output by a fifth over the next decade, helping to slash the country's dependence on foreign oil imports, the U.S. Energy Information Administration said Monday.
Starbucks Corp , which sells the coffee that helps many Americans get wound up for their day, is offering more of their customers a way to wind down.
The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the two mortgage firms to write down loan principal would require more than $100 billion in fresh taxpayer funds.
Newt Gingrich's 2012 campaign is showing signs that the former House Speaker may pull off a win in the Nevada GOP caucus, as preliminary polls and news reports show him surging in the Silver State.
Steven Tyler is getting some backlash for his slightly flawed rendition of the National Anthem.
U.S. Senator Chuck Grassley's Twitter account was hacked on Monday with bogus tweets attacking his stance on Internet anti-piracy legislation, his office said.
U.S. intelligence agencies have unique capabilities that can help protect American companies from cyber espionage and attack, but it will probably take a crisis to change laws to allow that type of cooperation, a former spy chief said on Monday.
Federal prosecutors shut down Megaupload and Megavideo last Thursday, accusing the Website's executives of mass copyright infringement. But not all of the site's 50-million daily users were breaking the law during their access.
U.S. intelligence agencies have unique capabilities that can help protect American companies from cyber espionage and attack, but it will probably take a crisis to change laws to allow that type of cooperation, a former spy chief said on Monday.
Learn why the ACTA treaty's opponents compare it to SOPA.
American Idol judge Steven Tyler wants Fox Sports columnist Jason Whitlock to apologize for mocking his AFC Championship National Anthem performance, according to a report.
