The US government can’t possibly pay back its $14-trillion debt. Not fairly, at least. Instead, its strategy is to devalue the US dollar so that the nominal value of the $14-trillion debt becomes less in real terms.
The youngest son of Osama bin Laden may have escaped the U.S. commando raid on the compound in northern Pakistan where the al-Qaeda terror chief was killed, according to Pakistani security officials.
U.S. Secretary of State Hillary Clinton has denounced China’s human rights abuses and its response to dissent in an interview published on Tuesday in The Atlantic magazine.
Stocks rose for a third day on Tuesday, led by utilities and other defensive sectors that may drive further gains as investors bet on profit growth and set aside concerns about weakening demand.
President Barack Obama‘s speech on immigration in El Paso, Texas on May 10, 2011.
China has agreed to steps to open its government procurement market to more U.S. companies and let U.S. banks sell mutual funds in the country, a senior U.S. Treasury official said on Tuesday.
Dallas Wiens, 26, of Texas, who had previously come to terms with a vastly deformative injury which virtually erased his face, expressed gratitude to the family of his new face's donor and doctors remarked on his transformation as he made his first public appearance after becoming the first recipient of a full facial transplant in the United States.
If you can help it, don’t buy US Treasuries. The main reason is that you’ll lose real value by doing so.
The CEO of Japan's Softbank, Inc. invests over $60 million into Gilt Groupe, Inc.
The cost of imported products in the United States rose for a seventh straight month in April thanks to a weaker dollar, and more owners of small businesses raised prices, in potentially worrying signs of inflation.
U.S. import prices rose at a slower pace in April as petroleum and food cost increases moderated, while a jump in wholesale inventories during March suggested a weak first quarter ended on a firmer note.
Google launched an online music locker service on Tuesday that allows users to store and access their songs wherever they are, similar to one launched by Amazon.com in March.
Microsoft snubbed investment banks for its largest deal ever, saving an estimated $25 million to $30 million by not using an adviser on the $8.5 billion takeover of Internet phone service Skype.
U.S. wholesale inventories climbed in March as businesses saw a sharp increase in sales, suggesting parts of the economy are growing firmly, according to Commerce Department data released on Tuesday.
Job scarcity in some communities and a backlog of foreclosed properties continue to inhibit the U.S. economy's recovery, a top Fed official said on Tuesday.
Gold’s decline last week provides a good opportunity for investors to buy on the dip.
After 25 years of marriage, Arnold Schwarzenegger and Maria Shriver have split up.
Studies by regional Federal Reserve banks show job scarcity is a major hindrance to the recovery of the depressed U.S. housing market, a top Fed official said on Tuesday.
Oil rose on Tuesday, supported by concerns U.S. flooding could hit refinery operations, squeezing gasoline supplies ahead of summer driving season.
Top U.S. dairy company Dean Foods Co said it has stepped up efforts to cut expenses and may continue to raise prices as it battles higher commodity costs and weak demand at its fresh dairy products business.
As Samoa prepares to jump across the international dateline, a new opportunity arises for tourists.
China stormed back to post a hefty trade surplus in April as exports hit a record while imports eased more than expected, weighed down by sustained monetary tightening and high commodity prices.