COMMODITIES

Suddenly, momentum is building in the nation's capitol toward what could be an historic deficit reduction package -- a grand deal deal of $4 trillion or more in cuts -- including changes to entitlement programs, cuts in defense spending, and selected tax increases via ending tax loopholes.

The S1 and S2 are expected later this year.

The security firm examined Web-based malware ecosystems, including the 10 largest malware delivery networks.

They're getting there. That, in a few words, perhaps best characterizes the state of the nation's debt ceiling talks. President Barack Obama said Thursday Congressional Democrats and Republicans are making progress toward deficit reduction and raising the debt ceiling, but big gaps remain.

It turns out, former Alaska Gov. Sarah Palin's 'lamestream media' descriptive doesn't apply to just American journalists. It applies to journalists in the United Kingdom, as well, in the ex-governor's interpretation, following a British tabloid's story about a documentary made about her.

Apple is rumored to release its most anticipated iPhone 5 in September.

It's a small world, after all. For U.S. readers and investors, Greece may seem like some small, exotic European country, but that could not be further from the truth. From an interest rate standpoint, if Greece defaults on its debt, U.S. interest rates, including home mortgage rates, are likely to rise.

Samsung Galaxy S2 has sold nearly 3 million units in a span of 55 days.

It's highly unlikely that New York Gov. Andrew Cuomo will replace U.S. Vice President Joe Biden on the 2012 Democratic Party presidential ticket, but sometimes is U.S. presidential politics, the unexpected occurs.

An exiled prime minister's sister has taken the political seat in Thailand, perhaps ushering back her ousted sibling.

Samsung has sold 3 million Galaxy S2 smartphones worldwide, excluding the US.

iPhone 5 is already under all kinds of threats from Samsung Galaxy S2 and the newly rumored Samsung Hercules.

HTC is hurrying with its smartphones—HTC Thunderbolt, HTC Sensation and EVO 3D, while iPhone 5 is stuck with the cacophony of rumors and Samsung Galaxy SII is yet to spread wild.

Apple’s iPhone5 is expected to be released around September, while Samsung’s Hercules is rumored to make its first appearance in August.

The Google+ app for iOS is set for release later this year.

Apple’s anticipated smartphone is expected sometime in October but nothing is certain for now.

Researchers at North Carolina State University have designed a new procedure to correctly predict the behavior of players in online role-playing games.

The networking domain has the options of Buzz, Google Chat and +1 which are still disconnected.

Facebook founder Mark Zuckerberg’s account in Google’s new Social Networking site, Google+ is not a secret any more. Mark Zuckerberg was along with the crowd to take a pie from Google’s success, whose “insane demand” of Google’s social networking site urged Google to hold the Google+ invites in suspension.

e-Readers may be more popular than tablets.

Oil's sharp sell-off paused on Friday as the impact of a surprise announcement of emergency fuel stocks from consumer nations faded.

Oil's sharp sell-off paused n Friday as the impact of a surprise announcement of emergency fuel stocks from consumer nations faded.

Oil's deep sell-off paused on Friday as the impact of a surprise announcement of an emergency stocks release faded.

U.S. sales of sweet crude oil from the Strategic Petroleum Reserve will have a base price of $112.79 a barrel, a spokeswoman for the SPR said on Thursday.

Oil fell sharply on Thursday with North Sea Brent down more than $5 per barrel on worries over global fuel demand following higher-than-expected U.S. jobless claims, forecasts of lower U.S. growth and evidence of a slowdown in Chinese manufacturing.

Oil fell sharply on Thursday with North Sea Brent crude down more than 3 percent on concerns over global fuel demand following forecasts of lower U.S. growth and evidence of a slowdown in Chinese manufacturing.

Vancouver general manager Mike Gillis told reporters there were points where it may have reflected a different era in hockey, pointing a finger at the referees in the Stanley Cup Finals.

Research In Motion saw a challenging first quarter and the same troubles - hardware gap, BB7 delays, competitive headwinds, average selling price pressure - are weighing on its second quarter too.

A recent report from comScore showed that Facebook had reached its all-time high in audience size in the US in May, in contrast to other reports which said the social networking site lost a significant number of users in the month.