A day after Kanye West earned widespread scorn for upstaging Taylor Swift at the MTV Video Music Awards, the remorseful rapper said on Monday he would take time off to reflect on his behavior.
U.S. retail sales rose in August at the fastest pace in 3-1/2 years and a gauge of New York State manufacturing hit a near two-year high, offering hope for a solid recovery from a severe recession.
In the economic downturn, teenagers around the world have focused their spending cuts on clothes, games and food, according to a survey by networking site Habbo Hotel.
U.S. President Barack Obama promised struggling autoworkers on Tuesday he was committed to rebuilding a thriving U.S. auto industry and said the world's largest economy was on the mend.
Environmentalists shut down a Canadian oil sands mine on Tuesday in a series of protests on the eve of Prime Minister Stephen Harper's visit with President Barack Obama, aimed at pressing their case that the projects undermine the fight against climate change.
Federal Reserve Chairman Ben Bernanke said on Tuesday that the worst U.S. recession since the Great Depression was probably over, but the recovery would be slow and it would take time to create new jobs.
Stocks rose on Tuesday to fresh 2009 highs after stronger manufacturing and retail sales data boosted commodity prices and shares of companies in the materials sector.
Some of the largest U.S. banks will remain caught in the government's financial bailout program for months, as officials do not expect to grant the next wave of exit approvals until near the end of the year, according to a source familiar with the matter.
Interest in U.S. real estate by international buyers declined due to the worldwide recession and severe credit crunch, according to the 2009 National Association of Realtors Profile of International Home Buying Activity.
Trade policies pursued by President Barack Obama and the Democratic-controlled Congress since the start of the year could lead to the loss of 585,800 U.S. jobs, a study said on Tuesday.
Banks with low levels of capital will not be able to offer large bonuses under guidelines the G20 is set to discuss this month, the Financial Stability Board said on Tuesday.
Trade policies pursued by President Barack Obama and the Democratic-controlled Congress since the start of the year could lead to the loss of 585,800 U.S. jobs, a study said on Tuesday.
Bank of America Corp and Citigroup Inc customers defaulted on their credit card debts in August at the highest rates since the onset of the recession, a sign that the banks' consumer lending woes are far from over.
Stocks rose modestly on Tuesday after stronger-than-expected retail sales data, though gains were limited by some retailers' disappointing earnings.
Citigroup Inc shares were trading down around 5 percent on Tuesday after reports the government might begin shedding its stake in the New York-based bank.
President Barack Obama will appear on comedian David Letterman's late-night talk show next week, the CBS network said on Tuesday.
The hotly anticipated follow-up to author Dan Brown's The Da Vinci Code was released on Tuesday amid positive reaction from critics but the American novelist admitted he was under pressure to sell well.
British star Clive Owen has specialized in playing macho men in two decades of movies and television: tough, taciturn and unshaven, with long stares from smoldering gray-green eyes.
Supermarket operator Kroger Co posted lower-then-expected quarterly profit and trimmed its full-year forecast as it cuts prices to lure customers, sending its shares down 8.2 percent.
Trade policies pursued by President Barack Obama and the Democratic-controlled Congress since the start of the year could lead to the loss of 585,800 U.S. jobs, a study said on Tuesday.
Most U.S. doctors favor having both public and private options in a reformed healthcare system, a survey published on Monday said.
Swiss drugmaker Novartis said a respiratory medicine improved lung function and significantly reduced breathlessness in a late stage trial.
