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General view of the Cash Room of the Treasury Department during the FSOC in Washington

Treasury Dept. to Sell $5 Billion of Insurance Giant AIG

The U.S. Treasury Department will sell $5 billion in shares of American International Group Incorporated (NYSE: AIG) as it continues to divest its balance sheets of the bailed-out insurance company, which has agreed to purchase $2 billion of its own shares as part of the stock offering, the company announced Monday.
Met Gala Through The Years

From Princess Diana To Blake Lively, The Met Costume Gala Through The Years [PHOTOS]

Fashion's all-stars, and their muses, gather together for one night to celebrate not only the Metropolitan Museum of Art's fashion exhibit at the Costume Institute, but also to raise their champagne flutes to the style-setters of the year. The 2012 Met Gala, otherwise known as the Met Ball or the Oscars of the East Coast, is an annual fete that features the world's best red carpet.
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Traders work on the floor of the New York Stock Exchange on May 1, 2012.

Risk Assets Tumbling In French And Greek Electoral Tide

Ballots continue to be counted in France and Greece -- where the architects of the austerity solution to Europe's sovereign-debt problem have been advised to turn over their drafting supplies -- but investors are still voting, with their feet, as they appear to be moving out of higher-risk asset classes into lower-risk ones.
J.J. McGrath May 06, 2012
Hollande

Defeat Looms For Sarkozy As French Vote In High Turnout

French voters turned out in force Sunday in the second round of presidential elections that are likely to make Nicolas Sarkozy the 11th European leader to be swept from office by the economic crisis.
Eric Linton May 06, 2012
Earl Sweatshirt ‘Oldie:’ Odd Future Release Rough Music Video, Earl On Hot 97 Radio [VIDEO]

?Earl Sweatshirt In Samoa? Video Released On Official Website

Odd Future rapper Earl Sweatshirt has been back home since February, and last night he posted a video titled Earl Sweatshirt in Samoa featuring three minutes of footage taken during his time at the boarding school. Watch it here.
Jacob Kleinman May 05, 2012
'Avengers' Movie Poster

Happy Free Comic Book Day! Where To Get Your Free Comic Across the Country And In New York

Free Comic Book Day, an annual promotional event by the North American comic book industry to create new fans and reward the old, takes place on the first Sunday of every May. Click here for to find the store closest to you by entering your postal code and read on for a guide on how to celebrate National Comic Book Day if you're in NY.
Jacob Kleinman May 05, 2012

Khalid Sheikh Mohammed, 4 Other Accused 9/11 Plotters To Be Arraigned At Gitmo

Khalid Sheikh Mohammed, the confessed mastermind behind the Sept. 11, 2001, terrorist attacks on the United States, will be formally arraigned -- along with four alleged co-conspirators -- in a military court at the Guantanamo Bay Naval Base in Cuba on Saturday. Each faces the death penalty.
Dan Rivoli May 04, 2012
Optimum Alcohol Consumption Would Save 4,600 Lives in England Annually: Study

Mother-Daughter Weekend Getaways In The US

In honor of Mother?s Day in the US, here?s a look at five destinations across the nation for five different types of mother-daughter pairs.
Mark Johanson May 04, 2012
Jay-Z SXSW 2012

Racist Hack Phil Mushnick Calls Brooklyn Nets N----s In NY Post

Phil Mushnick, a New York Post columnist and racist hack, wrote Friday that the Brooklyn Nets should be called New York N----s if Jay-Z is calling their marketing shots in a racist rant that has shocked the sports world with its insensitivity.
Connor Adams Sheets May 04, 2012
"Fifty Shades of Grey"

Fifty Shades of Grey: 25 Reasons It Leads To Unrealistic Expectations In Men

Women all over the world are finding themselves sexually liberated and it's all because of the kinkily fun pleasure fest that is Fifty Shades of Grey. The first book in the erotic trilogy (there's also Fifty Shades Darker and Fifty Shades Freed) currently resides at the top of the New York Times and Amazon.com best seller list.
Justine Ashley Costanza May 04, 2012
Former IMF chief Dominique Strauss-Kahn in a file photo from September 2011.

Strauss-Kahn Faces Possible Gang-Rape Charge

The disgraced former IMF chief already faces charges of aggravated pimping in an organized gang for allegedly organizing orgies in France and the U.S.
Oliver Tree May 04, 2012

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