A New York judge dropped all criminal sexual assault charges against ex-IMF chief Dominique Strauss-Kahn on Tuesday, leaving him free to return to Franceand rebuild a shattered career.
A strong earthquake rattled the U.S. East Coast on Tuesday, sending tremors as far as Canada, shaking the nation's capital and scaring thousands of office workers who fled onto the streets.
The August 23 Virginia Earthquake, the most massive earthquake to hit the East Coast in 67 years, made the United States question the safety of its nuclear power plants Tuesday. The earthquake, a 5.8 on the Richter scale, was only a few miles from the North Anna nuclear power plant.
Several major banks cut sharply their oil price forecasts on Tuesday, with Citigroup saying that even if the United States printed more money, oil would stay depressed by weak economic growth and fresh supplies from Libya.
Asian shares rose on Wednesday as speculation the Federal Reserve may signal further moves to support the struggling U.S. economy sustained a modest rebound from this month's sharp sell-off.
The astronauts at the International Space Station have got a new company, a humanoid robot, which was activated on Monday, six months after it got delivered to the space station.
Moody's Investors Service cut its rating on Japan's government debt by one notch to AA3 on Wednesday, blaming large budget deficits and a buildup of debt since the 2009 global recession.
Hurricane Irene weakened to a Category 1 hurricane and is bearing down on parts of the Bahamas as it inches away from the Caribbean and proceeds toward the East Coast of the United States.
A federal judge ruled that the Federal Deposit Insurance Corp has to face a $10 billion lawsuit tied to the failure of Washington Mutual Bank.
Apple is getting ready to launch two phones, according to people familiar with the matter, confirming rumors that have run rampant for months which suggested another phone would join the launch of the iPhone 5.
UBS Wealth Management Americas, the U.S. brokerage arm of UBS AG , said on Tuesday it plans no financial adviser cuts in connection with the Swiss bank's announced plans to slash 3,500 jobs.
You can’t blame investors for feeling slightly queasy about the U.S. stock market these days. One day of relatively positive data points is followed by a day with enough bad news to keep a stock investor up at night. But based on a condensed, cross-methodological analysis, in which direction is the Dow likely to head in the next six months?
China's factory sector is likely to slow slightly for a second consecutive month in August as sluggish overseas demand saps new orders, HSBC's China Flash PMI showed on Tuesday.
China on Tuesday urged Libya to protect its investments and said their oil trade benefited both countries, after a Libyan rebel warned that Chinese oil companies could lose out after the ousting of Muammar Gaddafi.
China should diversify its huge foreign exchange reserves into non-financial assets to hedge against risks from a long-term decline in the U.S. dollar, Xia Bin, an academic adviser to the central bank said on Tuesday.
The eurozone could collapse if its member countries don't work together to solve its debt crisis, but China is pleased to see that Germany and France are cooperating to avert that risk, a Chinese vice foreign minister said in an interview.
Economic growth is stagnating in Europe and cooling slightly in China, according to surveys of business activity released on Tuesday, fuelling concern about the risk of a global slump as Western governments struggle to cope with their debt problems.
Switzerland's biggest bank UBS AG is to axe 3,500 jobs to shave 2 billion Swiss francs ($2.5 billion) off annual costs as it joins rival investment banks in reversing the post-crisis hiring binge and preparing for a tough few years.
the Russian company Orbital Technologies is building a space hotel that will accommodate up to seven celestial travelers.
Gold prices retreated in choppy trade on Tuesday after earlier hitting record highs as a recovery in appetite for assets seen as higher risk, such as stocks, took the steam out of a rally that many saw as overdone above $1,900 an ounce.
The Hurricane Irene path is expected to span the entire U.S. east coast, reaching all the way from Florida to as north as New York state. Strong hurricane force winds, however, are expected to spare most of the U.S.
The National Institutes of Health revised on Tuesday its 16-year-old conflict of interest rules for medical researchers, lowering the amount of money that constitutes a financial conflict and expanding the required disclosures.
