NEW YORK

The Swiss parliament debated Tuesday whether to create a gold-backed national coin to float in parallel with the Swiss franc, becoming the first national legislature in decades to consider issuing a currency based on a commodity.

The Indian rupee descended to the all-time-low of 56.04 per dollar Wednesday even as the Reserve Bank of India and the Indian government said that they were monitoring the situation closely and taking corrective measures.

Good news out of Iran on Tuesday helped add to crude oil's price decline, already spurred by economic woes plaguing Europe.

Debrahlee Lorenzana, who was fired as a banker from Citibank in 2010 for being too sexy, spoke out about the similarities of her case with Lauren Odes', the woman fired from New York lingerie store Native Intimates for being too busty. Lorenzana revealed that she ended up fighting the suit, filed for similar discriminatory reasons, alone after lawyer Gloria Allred dropped her when the cameras stopped flashing.

Selena Gomez is clearly ready to flirt with her sexy side as she recently made an appearance in a Funny Or Die parody of E.L. James' Fifty Shades of Grey.

The second largest public pension fund said on Tuesday it plans to vote all of its Wal-Mart Stores Inc shares against the entire board in the wake of bribery allegations in Mexico that Wal-Mart officials failed to fully investigate.

The New York Times has done it again. They?ve succeeded in breaking yet another cutting-edge news story on Sunday?s front page: ?Beware, Mitt Romney is a Mormon.?

Prime Minister David Cameron has said in the past that the thought of inmates voting made him ?physically ill.

The Knicks are expected to keep interim coach Mike Woodson.

A British hacker who gained access to the Twitter and Facebook accounts of singer Selena Gomez and posted Justin Bieber sucks! to the accounts has been jailed for a year.. Gareth Crosskey, 21, gained access to accounts belonging to Selena Gomez, the boyfriend of fellow pop sensation Justin Bieber, in January by pretending to be Selena's stepfather.

This weekend the Beach Party Stage at the Bamboozle Festival held some killer acts, and one of them you didn't want to miss was newcomer Outasight's 8 P.M. set. Hailing from Yonkers, New York, the singer and rapper has been making waves with his hit song Tonight Is The Night and the recently released Now or Never.

The U.S. Embassy in Kabul has confirmed that Ambassador Ryan Crocker will resign this summer following high-level multilateral talks over bringing the Afghanistan War to an end at the NATO Summit in Chicago.

Formula 1, the popular global auto racing sport, is on its way to a possible IPO as financial investors such as Waddell & Reed Financial Inc. (NYSE: WDR), Norges Bank Investment Management and BlackRock, Inc. (NYSE: BLK) bought 21 percent of the company, CVC Capital Partners, owner of Formula 1, confirmed Tuesday.

As U.S. entertainment companies look for new opportunities in light of a stagnant home market, new partnerships with China are emerging, but the process of linking media worlds between the two countries is also a two-way street.

Here's a look at how the U.S. Men's National Team should shape up when the final cuts come Friday, May 25.

Dwight Howard still wants out of Orlando, according to a report.

French hotel giant Accor SA (Paris: AC) said Tuesday it will sell the underperforming Motel 6 U.S. budget hotel chain to asset manager Blackstone Group LP for $1.9 billion, as part of an effort to cut debt and shift focus from the U.S. to fast-growing emerging markets.

The percentage of U.S. teenagers with pre-diabetes or full-blown type 2 diabetes has more than doubled in recent years -- though obesity and other heart risk factors have held steady, government researchers reported Monday.

Jeremy Lin's agent said his client and the New York Knicks may part ways this summer, opening the hairy prospect of Linsanity's early demise.

Lauren Odes, a 29-year-old woman from New Jersey, said she was fired from her temp job at a lingerie store in New York for being too busty and was not dressed demurely enough. Represented by Gloria Allred, she filed a suit for gender and religious discrimination against Native Intimates.

Former Goldman Sachs director Rajat Gupta threw away his duties by divulging bank secrets to hedge fund manager Raj Rajaratnam, a U.S. prosecutor said at the start of Gupta's insider-trading trial on Monday.