The New York Knicks have decided that Jeremy Lin's three-year, $25 million contract offer from the Houston Rockets is too rich for them and will let the talented point guard walk, according to multiple reports.
U.S. builder confidence rose in the new single-family home market as in July by the greatest level in nearly a decade, led by improving market conditions and buyer traffic, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
Forbes Magazine estimates The Red Devils are now worth $2.23 billion, 19 percent more than second place Spanish side Real Madrid, which is worth $1.88 billion.
On Tuesday, it was reported that Mohamed El-Ehrian, the chief executive officer of Pacific Investment Management Co., or PIMCO, was being considered for the role of Egypt's Prime Minister. He doesn't want the job, but he does have the qualities that Egypt lacks.
Goldman Sachs (NYSE: GS) booked a 11 percent drop in its second-quarter earnings as revenue from investment banking and lending businesses declined, the New York investment bank said Tuesday.
Carmelo Anthony says the Knicks want Jeremy Lin back next season.
In recent years, it's become possible to do emergency retrieval of sperm or eggs when somebody suddenly dies or becomes terminally ill.
Gilead Sciences Inc's Truvada was approved for people who are not yet infected but may engage in sexual activity with HIV-infected partners, a concept known as pre-exposure prophylaxis (PrEP).
Bank of America Corp. (NYSE:BAC), the troubled financial behemoth that teetered just above the abyss during the last few weeks of 2011 and has since made somewhat of a recovery, is expected to swing to profit when it reports quarterly financial results Wednesday morning.
Black women account for only 13 percent of the U.S. female population, but undergo more than one-third of all abortions.
Copper prices have outperformed the overall metals market as traders have closed short selling in expectation of government intervention to boost growth, but the metal may still be slightly overvalued, according to a Monday report by Barclays.
Closely following earlier reports that Syria had started moving some parts of its huge stockpile of chemical weapons out of storage, the most senior Syrian official to defect to the opposition has said that the Syrian regime will not hesitate to use chemical weapons in a last-ditch effort at survival.
Crude oil prices slightly advanced Tuesday as investors awaited testimony from Federal Reserve Chairman Ben Bernanke for hints about further easing.
The mommy porn book trilogy has taken over the pop culture lexicon in 2012.
According to Rick Bonnell of the Charlotte Observer, Antawn Jamison is headed to Los Angeles. Bonnell tweeted, that according to a source, Jamison will be a Laker.
Knicks management doesn't seem to be the only ones who don't want Jeremy Lin back with the team. It appears that a few New York players are hoping Lin plays for Houston next year.
Boxer Floyd Mayweather, who is currently serving a jail sentence for domestic assault, topped Sports Illustrated's list of the 50 highest-paid American athletes for 2012.
More than a year after he resigned in disgrace from Congress, scandal-scarred Anthony Weiner is still having difficulty finding a job, spurring him to consider running for mayor of New York City - an office in which he enjoyed frontrunner status before he tweeted photos of his underwear-clad penis to a college student and lied about it.
Taliban militants have threatened aid workers trying to administer the polio vaccine in Pakistan, putting the lives of 250,000 children in the remote regions of South and North Waziristan at immediate risk.
Margaret Sullivan, outgoing editor of the Warren Buffett-owned Buffalo News, brings 32 years of journalism experience to her new role as public editor of the New York Times (NYSE: NYT), as the Sulzberger family-controlled paper faces unprecedented financial challenges.
With more TV audiences viewing shows online, it makes sense creators are bypassing the traditional distribution medium and developing content expressly for the Web. Yet some might be surprised to find that film icon and veteran A-lister Tom Hanks is jumping on the bandwagon.
The Lakers and Knicks appear to be the top two suitors for Grant Hill