In the eyes of the financial markets, Britain was supposed to be a model of successful, sustainable austerity and a safe haven in which the world's rich could buy houses and stash their savings.
Fear returned to Wall Street on Wednesday, sending the S&P 500 to another 4 percent decline, triggered by worries that Europe's debt crisis could engulf French banks and spill onto the U.S. financial sector.
Despite a mix of scandals and failed business purchases, News Corp. was able to beat the Street's expectations with its fourth quarter earnings.
Gavin DeGraw who recently was injured in an attack and a hit-and-run in New York City was released from the Beth Israel Hospital on Wednesday.
Mandatory sex-education classes are returning to New York City public schools for the first time in nearly 20 years, New York City officials say.
The Pentagon will test a super fast, unmanned aircraft that can travel at Mach 20 -twenty times faster than the speed of sound, up to 13,000 miles per hour. The Defense Research Projects Agency (DARPA) will test the Falcon Hypersonic Technology Vehicle 2 (HTV-2) Thursday morning from Vandenberg Air Force in California. A Minotaur IV Lite rocket will lift off with the HTV-2, and release the aircraft after penetrating the atmosphere.
More and more people over 65 are opting for cosmetic surgery
Eating processed red meat and red meat in general, like hot dogs and hamburgers, on a regular basis can lead to type 2 diabetes, according to a new study from Harvard University.
The Defense Research Projects Agency is testing Thursday an unmanned aircraft that can travel faster than the speed of sound, up to 13,000 miles per hour, and send a missile to a target within an hour. If successful, it will be fast enough to travel from coast to coast (between Los Angeles and New York) in just 12 minutes.
Jurgen Klinsmann starts his U.S. head coaching career.
Capital One Financial Corp. (NYSE: COF) has agreed to buy HSBC's credit card unit for approximately $32.7 billion, netting HSBC a $2.6 billion premium.
I am puzzled as to why such disorders do not happen in America.
An American airstrike has killed the Taliban fighters believed responsible for shooting down a Chinook helicopter that killed 38 people, 22 of whom were members of the Navy SEALs Team 6, the senior commander in Afghanistan said Wednesday.
The U.S. meets Mexico new head coach Jurgen Klinsmann's debut
Starting in the second semester of the coming school year, New York City's public middle and high school students will be required to take sexual and reproductive health courses.
U.S. stocks took another tumble Wednesday, as fears of the weak global economy took hold.
"She's a real-deal actress," Tate Taylor, the director of "The Help", says. "Such a mature old soul in such a vibrant little capsule." Stone has quickly become Hollywood's hottest ticket especially with her latest role in "The Help."
Axial Seamount, a volcano off the coast of Oregon, erupted in April - right on schedule
The U.S. faces nemesis Mexico in Philadelphia
President Barack Obama is getting hammered on all sides for a stumbling U.S. economy and his uneven response to it, raising pressure on him to take steps to create jobs or risk being ousted in next year's election.
The singer was treated for a broken nose, concussion and lacerations.
Blood drawn from expectant mothers could offer parents an earlier sneak peek at their baby's sex than methods currently used in the U.S., researchers said Tuesday.