Rehman is considered one of the most liberal voices in Pakistani politics.
Stocks fell about 1 percent on Wednesday, putting the S&P 500 on track for a sixth straight losing session as the euro zone crisis and weak Chinese data weighed on sentiment.
A disastrous sale of German benchmark bonds sparked fears on Wednesday the debt crisis was beginning to threaten even Berlin, with the Bundesbank forced to dig deep into its pockets to ensure the auction did not fail.
U.S. online spending should increase 15 percent this holiday season, outpacing even last year's torrid growth, as shoppers are enticed by more retailers offering free or low-cost shipping, analytics firm comScore said.
Pakistan appointed a former information minister and human rights campaigner as its ambassador to the U.S. States Wednesday, moving quickly to fill a post left vacant after tension between the civilian government and military.
Stock index futures pointed to a lower open on Wednesday, putting the S&P 500 on track for a sixth straight losing day as the euro zone crisis and weak Chinese data weighed on investor sentiment.
Kenneth Kies sizes up the chances of reforming the convoluted U.S. tax code like someone who has lived through it before. In fact, he has.
Retailers face the official beginning of holiday shopping season on Black Friday, which falls on Nov.25, a day after Thanksgiving.
Purchase applications for home mortgages rebounded last week, but demand for refinancing sagged for a second week in a row, an industry group said on Wednesday.
New claims for unemployment benefits rose slightly last week but held below 400,000 for the third straight week, suggesting the labor market was gaining traction.
New claims for unemployment benefits rose slightly last week but held below 400,000 for the third straight week, suggesting the labor market was gaining traction.
New orders for a range of long-lasting U.S. manufactured goods unexpectedly rose in October, but sharp downward revisions to the prior month's data and weak spending plans by businesses suggested manufacturing was taking a breather.
A disastrous German bond sale on Wednesday sparked fears that Europe's debt crisis was even beginning to threaten Berlin, with the leaders of the euro zone's two strongest economies still firmly at odds over a longer-term structural solution.
Western Digital has secured conditional approval from the European Union's competition regulator to purchase Hitachi's hard disk drive business for $4.3 billion, after it agreed to sell several production operations.
Stock index futures were lower on Wednesday as worries about the euro zone crisis and weak data from China weighed on investor sentiment, putting the S&P 500 on track for a sixth day of losses.
The Federal Communications Commission (FCC) announced that it intends to effectively block AT&T's (NYSE:T) proposed $39 billion acquisition of T-Mobile by referring the matter to an Administrative Law Judge (ALJ) for review.
The Federal Reserve plans to stress test six large U.S. banks against a hypothetical market shock, including a deterioration of the European debt crisis, as part of an annual review of bank health.
Purchase applications for home mortgages rebounded last week, but demand for refinancing sagged for a second week in a row, an industry group said on Wednesday.
Stock index futures were lower on Wednesday as worries over Europe once again weighed on investor sentiment, putting the S&P 500 on track for a sixth day of losses.
Vietnamese refugee Hao Truong was reunited with his son at Rochester International Airport in Rochester, N.Y., after 34 years of being separated following a pirate attack off the coast of Vietnam.
The failure of the U.S. Congressional Super Committee to reach a deal on reducing the budget deficit by $1.2 trillion over 10 years implies that uncertainty over defense spending is set to continue in to 2012.
A U.S. court awarded DuPont $920.3 million in damages on Tuesday, ruling that South Korea's Kolon Industries Inc <120110.KS> violated trade secrets for a fiber used to make Kevlar bulletproof vests, Kolon said on Wednesday.
