On Monday, S&P placed the euro zone nations on “Credit watch,” which means a 50 percent likelihood of a downgrade over the next ninety days.
As Occupy Wall Street transitions away from the Lower Manhattan encampment that was formerly its beating heart, organizers face the task of finding somewhere for the park's former inhabitants to stay. For now, several churches have been allowing Occupiers to spend the night. But that is widely viewed as a temporary solution.
At both the individual and collective level, Americans have created and embraced a culture of debt. Spurred by our gluttony, we have developed an untenable habit of spending beyond our means, and it must be stopped or else generations to come will be saddled with debt, left unable to harness the American dream and prosper because it simply will no longer exist.
Less than a day after the Indian government urged social networking Web sites and Internet companies to screen alleged derogatory and defamatory content about the country's religious figures and leaders, Facebook has responded noting that it removes content that violates its rules.
Fashion model and online blogger Lauren Scruggs, 23, is responsive and making a slow recovery according to a statement made by her parents Tuesday. Scruggs, from Plano, Texas, suffered severe injuries to her face, shoulder and left hand, after accidentally walking into a spinning airplane propeller late Saturday.
Andrew Embiricos, the grandson of Hollywood screen legend Rita Hayworth, was found dead in his New York City apartment in what police are calling an apparent suicide, but was it really suicide? According to Village Voice reporter Michael Musto, who knew Embiricos from the scene in New York, it was not suicide but an experiment in S&M gone wrong.
The latest Los Angeles Lakers rumor is the team is hoping to put a blockbuster trade together and acquire all-star center Dwight Howard and point guard Chris Paul.
Stocks were set to edge higher at the open on Tuesday as investors hoped S&P's downgrade warning for the Eurozone would help force budget changes at a European Union summit this week.
Here is a list of the ten worst films of 2011:
Past and present MF Global employees sued ex-CEO Jon Corzine and other executives over alleged misrepresentations they say destroyed the value of the company's stock.
Holiday shoppers may have taken a breather after busy Black Friday and Cyber Monday sales. However, the traffic in big box retailers, smaller format stores and carrier stores was strong.
Boeing Co. (NYSE:BA) is expected to show significant cash flow improvements over the next few years, according to Barclays Capital Markets.
India has asked operators of social media networks, including Facebook, Google and Yahoo to screen user content from the country and prevent any disparaging, inflammatory or defamatory content from getting published.
The top after market NYSE gainers on Monday were: Higher One Holdings, Qihoo 360 Technology, CPI Corp, Sequans Communications and Frontline Ltd. The top after market NYSE Losers were: Nustar Energy, Mac-Gray Corp, Federal Signal, Armstrong World Industries and Cardinal Health.
Raj Rajaratnam, 54, the founder of the Galleon Group and a hedge fund multimillionaire, began his 11-year prison sentence at a former military base, near the town of Ayer, Massachusetts.
Crude oil prices declined in Asian trade on Tuesday, after credit ratings agency Standard & Poor (S&P), warned six triple A-rated Eurozone members they may suffer ratings downgrades, amid the continuing carnage of the Eurozone debt crisis.
Andrew Embiricos, the grandson of the late actress Rita Hayworth, was found dead in an apparent suicide on Sunday night in his New York City apartment.
Valentino Garavani and Giancarlo Giammetti have launched the much anticipated 3D virtual fashion museum on Dec.5, 2011 at the Museum of Modern Art in New York.
Prince Fielder has more suitors than Albert Pujols.
ESPN hockey analyst Matthew Barnaby has been fired after getting charged with a DWI on Monday morning, according to a report.
Remember that video of a McDonald's cashier who attacked and beat up a customer? The employee, Rayon McIntosh was cleared of charges for the fight in a New York fast food chain that went viral on the Internet and plans to sue.
New Jersey's annual bear hunt began on Monday in spite of attempts by animal-rights groups to stop it. Supporters of the hunt say it is necessary to reduce New Jersey's black bear population, while opponents say it is inhumane.