A debt crisis is still gripping the developed world, European Central Bank policymaker Juergen Stark said, adding there was no alternative but for countries to take painful steps to consolidate their public finances.
Financial markets kicked off September in a grim mood on Thursday with poor European economic data prompting a regional sell off that ended a four-day winning streak.
Stock index futures pointed to a weaker open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones and Nasdaq 100 down 0.1 to 0.4 percent.
Stock index futures pointed to a weaker open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones and Nasdaq 100 down 0.1 to 0.4 percent.
Social networking giant Facebook is now re-developing the Web site to make it more music-friendly.
Financial markets kicked off September in a cautious mood Thursday with European stocks lower and world equities struggling to keep up what would be a five-day winning streak.
Financial markets kicked off September in a cautious mood on Thursday with European stocks lower and world equities struggling to keep up what would be a five-day winning streak.
Marc Anthony finally spoke about the breakup with his wife Jennifer Lopez.
Former Vice President Dick Cheney's new memoir is reviving fierce battles among Bush administration officials over U.S. national security policies after Sept. 11, 2001.
Researchers have managed to sequence the genes of the green anole lizard, which is the first non-bird species of reptile to have its genome sequenced and assembled.
The green anole lizard, also known as Anolis carolinensis, is the first non-bird species of reptile to have its genome sequenced and assembled. Researchers said the new clues that have emerged from the full sequencing of the lizard's genome may offer some insight into how the genomes of humans, mammals, and other reptiles have evolved.
Slumping export demand slowed factory activity in some of Asia's biggest economies in August, although China fared better thanks to solid domestic growth, a series of surveys released on Thursday showed.
Slumping export demand slowed factory activity in some of Asia's biggest economies in August, although China fared better thanks to solid domestic growth, a series of surveys released on Thursday showed.
U.S. retailers are expected to report higher monthly sales in August, even though consumer confidence sagged and Hurricane Irene disrupted shopping along the East Coast during a key back-to-school weekend.
Asian stocks rose Thursday following gains on Wall Street, with technology and consumer shares outperforming, and credit spreads tightened on optimism that central banks worldwide will have to do more to support industrial activity.
The effort to hunt down and kill Osama bin Laden will be featured in a two-hour television program, including interviews with President Barack Obama and senior counter-terrorism officials, the History channel said on Wednesday.
Hurricane Irene may heap billions of dollars of extra costs on the already fragile U.S. economy, but insurance companies are likely to emerge relatively unscathed.
The government of American Samoa was accused of discriminating against older workers, according to a lawsuit filed on Tuesday by a federal agency.
Unseeded teen-ager Christina McHale struck a blow for emerging young U.S. women's players by beating France's eighth-seeded Marion Bartoli 7-6 6-2 to reach the third round of the U.S. Open Wednesday.
Former U.S. Open champion Venus Williams withdrew from the last grand slam of the year on Wednesday, revealing she is suffering from an autoimmune disease.
Openwave Systems, a phone software maker, filed a patent lawsuit against Apple (AAPL) and Reseach in Motion (RIMM) Wednesday, seeking to ban the import of the iPhone, iPad, iPod Touch, Curve smartphone and PlayBook tablet into the United States.
New IMF chief Christine Lagarde's call to recapitalize European banks by force struck a nerve among the continent's Europe's policymakers and showed she is not afraid to challenge her former peers as many feared she might be.
