U.S. credibility at stake if fails to cut debt: IMF
Any effort by the United States to pare its massive public debt without bringing in more revenue and tackling expensive benefit programs will lack credibility, the International Monetary Fund said on Tuesday.
Wall St gains, but off highs as defensives lead
Stocks advanced on Tuesday, although they eased off session highs, on tentative hopes the U.S. Federal Reserve will offer more economic stimulus and signs of progress in Greek debt talks.
Relationship Between Obama, Buffett Grows During Tax Fight
The relationship between President Obama and Warren Buffett has grown as the president is calling on wealthy Americans to pay more in taxes to solve deficit problems.
S.Africa's non-farm employment up 0.1 pct in Q2
The number of people employed in South Africa's formal sector increased slightly in the second quarter, with the mining and retail sectors among those that added jobs.
Europe faces heat at G20 for euro crisis response
Europe will come under heavy pressure from other economic powers this week to stem its deepening debt crisis but talks among the self-proclaimed guardians of global finance are unlikely to make much headway.
Housing starts drop underscores economic woes
New construction of homes fell more than expected in August, dragging on economic growth and keeping pressure on President Barack Obama to do more to help the sputtering economy.
Giants Fake Injuries Against Rams; Incur Fans’ Wrath
The Giants recently faked an injury during a game against the Rams.
'Mad Men', 'Modern Family' win Emmys but shocks abound
Mad Men and Modern Family won television's top drama and comedy prizes again on Sunday but elsewhere it was out with the old and in with the new at the Primetime Emmy Awards.
California rebound held back by inland areas
California will trail the nation's economic recovery as its once fast-growing inland areas struggle for years to come with a dearth of jobs and devastated housing markets, a report released on Tuesday said.
GM labor deal to create over 6,000 jobs
A tentative contract between General Motors Co and the United Autos Workers would create more than 6,000 U.S. factory jobs and pay existing workers profit-sharing bonuses of at least $3,500 in 2012, union officials said on Tuesday.
Google+ video chat now mobile, Facebook fight grows
Google Inc trotted out the latest improvements to its Google+ social network on Tuesday, integrating its search engine into the site and expanding its Hangouts feature to allow mobile use and broadcasting.
MTA Unveils ‘On the Go! Travel Station,’ the NYC Subway’s New Info Kiosk
On Monday, MTA revealed its On the Go! Travel Station at the Bowling Green subway station. The kiosk will not only provide travelers with subway-related information, but also nearby restaurant and tourist sights.
S.African stocks rebound, gold miners rise
South African stocks rose to their highest level in more than six weeks on Tuesday, bouncing back from the previous session's decline, with gold miners among the top gainers as the domestic currency falters and bullion prices cruise higher.
Slight reprieve for S.Africa's rand, bonds firmer
South Africa's rand briefly ploughed a fresh 14-month low against the dollar on Tuesday before wiping out most of those losses as comments that Italy is not likely to default on its debt helped ease some of the risk aversion that has beset emerging markets.
Verizon to sell HTC Rhyme phone for $199
Verizon Wireless plans to start selling Rhyme a new HTC Corp smartphone on Sept 29 for $199, the companies said on Tuesday.
FDA: Mysterious Link to Listeria-infected Cantaloupe Finally Discovered
While a number of listeria-infected cantaloupe crops were recalled last week, food-borne illnesses and deaths grew to 35 and four respectively, in 10 states, federal officials said Monday.
Atrinsic launches Kazaa app for iPad, shares soar
Atrinsic Inc said the streaming application for its popular Kazaa digital music service is now available for download through Apple Inc's app store, sending its shares up 67 percent in heavy volumes.
Wall St rebounds on Fed and Greece hopes
Stocks pushed higher on Tuesday afternoon as investors were cautiously optimistic that the U.S. Federal Reserve will offer more economic stimulus and that Greek debt talks were progressing.
Zambians watch Internet, social media for vote fraud
Zambians wary of electoral fraud flocked to the Internet and social media on Tuesday to expose any irregularities in a closely contested presidential and parliamentary poll.
Community banks call for halt on big-bank mergers
A trade group representing U.S. community banks called on Tuesday for a moratorium on mergers involving financial firms with more than $100 billion in assets.
Wall St rises in choppy session ahead of Fed meeting
Stocks rose in choppy trading on Tuesday as investors hoped the Federal Reserve's policy panel would add more monetary stimulus to kick-start economic recovery.
Bank of Canda sees growth resuming
Bank of Canada Governor Mark Carney expects the Canadian economy to grow through the rest of this year and signaled on Tuesday he stands ready to use a variety of tools and policy options to ensure stability.
Jensen Farms: Root Cause of Infected Cantaloupe in Listeria Outbreak
The number of confirmed deaths from a listeria outbreak grew to four as result of bacteria-infected cantaloupe from a Colorado farm that spread to 10 states in less than two weeks, federal health regulators said on Monday.
Instant View: Housing starts fall more than expected in August
Housing starts fell more than expected in August as groundbreaking for both single-family and multi-family units declined, while permits for future construction rose, a government report showed on Tuesday.
Siemens withdrew deposits from Societe Generale: source
German engineering group Siemens withdrew funds from Societe Generale in July because of underperformance, not fears over the French bank's financial health, a Paris-based source said on Tuesday.
IBM offers concessions to settle EU antitrust probe
International Business Machines Corp has offered concessions to settle an EU investigation into its business practices, which could allow it to ward off a possible fine and an antitrust infringement finding.
Wall St bounces back on Fed stimulus hopes
Stocks rebounded after a wobbly start on Tuesday on cautious optimism that the U.S. Federal Reserve's policy panel would add more monetary stimulus to a flagging economic recovery,
Rugby World Cup - England Faces Mounting Injury List
With their third pool B game against Romania nearing, England have a mounting injury list and will hope no more players join the sick bay.
French bank retreat raises aircraft finance fears
The global aviation industry faces growing uncertainty over financing due to Europe's debt crisis and worries surrounding French banks, lenders and airlines were warned on Tuesday.
Basel watchdog to probe how banks measure assets
The Basel Committee of international banking regulators is to launch a study into how banks measure assets for meeting capital safety rules.