IBT Staff Reporter

With Apple's special media event Let's talk iPhone at its headquarters in Cupertino, Calif. just hours away from kicking off, rumors are flying thick and fast about what we can expect to see in the technology giant's latest iteration of the world's singular most popular iPhone - iPhone 5.

IBTimes spoke with Heather Gautney, a sociology professor at Fordham University, about the significance of the Occupy Wall Street protests and how they might unfold in the coming weeks.

The U.S. economy is still suffering from a shocking drop in homeowners' equity and reforms are needed in how mortgage loans are originated and handled, Federal Reserve Governor Sarah Bloom Raskin said on Tuesday.

The U.S. Supreme Court opened its new term on Monday, first considering whether Medicaid recipients and health care providers may sue California for cutting reimbursement rates.

Ten years after lawyers helped forge an agreement to bring China into the World Trade Organization , a step that created opportunities for scores of non-Chinese businesses, foreign attorneys in the country wish they had struck a better deal for themselves.

Stock index futures pointed to a lower open on Tuesday, with the S&P 500 set to enter a bear market as European officials postponed a vital aid payment to debt-stricken Greece.

Apple's Let's Talk iPhone event on Tuesday kicks off at 10 a.m. PDT (1 p.m. EDT) at the Apple Town Hall in its Cupertino, Calif., Headquarter, a far more personal setting than its annual WWDC held in San Francisco.

Global subsidies for fossil fuel consumption are set to reach $660 billion in 2020 unless reforms are passed to effectively eliminate this form of state aid, the International Energy Agency said on Tuesday.

EU regulators are set to formally object to the proposed merger of Deutsche Boerse and NYSE Euronext this week, a source with knowledge of the case said on Tuesday.

Less than a day after an Italian court acquitted her of murder, Amanda Knox was on a plane home to Seattle.

NEW YORK - College students' Facebook pages might hold clues to which of them are at risk for alcohol dependence and abuse, according to a new study.

Swiss bank UBS AG said it expects to report a modest third-quarter net profit, easing concerns about the impact of the $2.3 billion rogue trading loss uncovered last month as the bank chalks up gains on credit derivatives.

The European Central Bank is likely to leave interest rates unchanged when it holds the last policy meeting of Jean-Claude Trichet's presidency on Thursday, but may open the door to a cut under his successor and reintroduce some of its most potent crisis-fighting weapons.

Greek public sector workers blocked the entrances to several ministries on Tuesday to protest against austerity measures, disrupting talks with EU and IMF inspectors on a vital aid tranche.

The verdict of Amanda Knox was announced in the Italian court on Monday, and the 24-year-old exchange student was acquitted of murder.

The Supreme Court let stand on Monday a ruling that a traditional Internet download of sound recording does not constitute a public performance of the recorded musical work under federal copyright law.

Nokia will unveil its first Windows-based smartphones this quarter, arguing that there is room for an alternative to the products of big-hitters Apple and Google on the same day that Apple prepared to launch its latest iPhone.

What we think Apple will put in their iPhone and what they will leave out.

Stock index futures fell on Tuesday, a day after equities hit 13-month lows, as European officials considered making banks take bigger losses on Greek debt and on expectations Greece would default soon.

Stock index futures fell on Tuesday, a day after equities hit 13-month lows, on increased worries about a major banking crisis in Europe and expectations Greece would default soon.

The 10 best games to play with your friends.

Two Western luxury-goods giants are taking a controversial tack in the fight on Chinese knockoffs, by targeting the U.S. branches of major Chinese banks that allegedly do business with the pirates.

Problems with iPhone gaming and how the iPhone 5 could fix them

Cornell University scientists in New York have just completed a social behavior study focusing on Twitter. Published in the journal Science, the research was based on a two-year period of observations recording 509 million tweets from 2.4 million users. Scientists gathered participants from 84 different countries to determine whether there were any trends or correlations to people's moods across regions.

Japanese electronics firms are suffering from the downturn in European consumption and the euro's slump to a 10-year low against the yen, senior executives from Sony Corp, Panasonic Corp and Fujitsu Ltd said on Tuesday.

World stocks hit a fresh 15-month low on Tuesday and the dollar rose to a nine-month peak as fears over a major banking crisis in Europe mounted along with expectations Greece could soon default, accelerating a global economic slowdown.

A battered pickup truck pulling up to Huaying Trading's back street office in Goma is about all that remains of Congo's once-bustling resources business as an impending U.S. crackdown on so-called conflict minerals scares most buyers away.

Switzerland, despite bank settlements with the United States to disclose tax evaders, remains the top refuge for financial secrecy, according to a new international ranking of tax haven countries.

Stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.4 percent, Dow Jones futures down 0.5 percent and Nasdaq 100 futures down 0.5 percent at 0841 GMT.