U.S.

Unemployment Drops to 9.1%, Discouraged Workers Distort Rate

Market Woes.
Hiring increased slightly in July and the unemployment rate dropped to 9.1 percent, calming jitters after the worst day on Wall Street in almost three years. The Dow fell nearly 513 points Thursday, its biggest decline since Oct. 22, 2008.
Traders work on the floor of the New York Stock Exchange

Solid U.S. July Job Gains Calm Markets

Solid July job gains calmed U.S. markets on Friday, but Wall Street remained nervous among talk that the nation may be falling into a double-dip recession.
More news
IBTimes Logo

U.S. HIV Rate Remains Stable, But Increasing Among Young, Black Gay Men

The Centers for Disease Control and Prevention released its first multi-year estimates on the national HIV incidence surveillance on Wednesday. It is published in the journal PLoS ONE. The new estimates show that there were 48,600 new HIV infections in the U.S. in 2006 and some 56,000 in 2007. In 2008, there were 47,800 such infections and 48,100 in 2009, data show.
 AIDS Infection and Treatment

New HIV Infection Rate in US Flat, Prevention is Key: Officials

The U.S. has been gaining momentum in its fight against HIV but the number of new infections, about 50,000 per year over the past decade, continues to persist, federal officials said Wednesday. The epidemic still largely concentrates on gay men and rates of new infection have also been rapidly rising in young black men.
U.S. President Barack Obama signs the Budget Control Act of 2011 in the Oval Office at the White House in Washington

Beijing Rating Agency Downgrades U.S. Debt Rating

A Beijing-based ratings agency on Wednesday downgraded the U.S. sovereign debt rating, while Western agencies such as Fitch and Moody?s reaffirmed their AAA rating, following Congressional approval of a plan to raise the debt ceiling.
IBTimes Logo

Fitch keeps US AAA rating, review ongoing

Fitch upheld its AAA rating on the United States on Tuesday after lawmakers approved spending cuts to avoid a U.S. default, but it warned the world's largest economy must cut its debt burden to avoid a future downgrade.
Polar Bears

New Details Break the Ice in Polar Bear Scientist Investigation

New details emerged Tuesday in the mysterious suspension of acclaimed polar bear scientist Charles Monnett. It appears that his 2006 paper on polar bear deaths is not in question. What is, however, is his management of a current study on "Populations and Sources of Recruitment in Polar Bears."
Presient Barack Obama and China's President Hu Jintao

U.S. Debt Still Poses Threat to Global Economy: Chinese Media

The U.S.' debt woes still threaten the global economy despite a last-minute deal struck by the White House and political party leaders, China's main official newspaper said on Tuesday, nonetheless adding there was no short-term escape from the dominance of the dollar.
Boehner and McConnell speak at a news conference about the U.S. debt ceiling crisis, at the U.S. Capitol in Washington

U.S. Debt, Deficit Deal: The Big Questions

The debt-ceiling deal hammered out by the Republicans and the Democrats in the Capitol has averted the risk of calamitous cuts in federal spending, while ensuring failure to service debt will not arise. However, analysts say some big questions remain to be answered.
IBTimes Logo

Asian stocks fall on data, US debt; eyes on yen

Asian shares fell on Tuesday on concerns about a downgrade of the United States credit rating and economic worries after sluggish data, while the yen gave some gains on jitters over the possibility of intervention by Bank of Japan.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.