IBT Staff Reporter

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NYPD, CIA Spy on Muslim Communities

Since 9/11, the New York Police Department has teamed up with the CIA to covertly spy on Muslim communities, according to an investigative piece put out by the Associated Press on Wednesday morning.

TSX flat as weak golds outweigh stronger banks

Toronto's main stock index was little changed on Wednesday morning as sliding gold prices and profit-taking after the previous session's big rally offset optimism over bank earnings and positive U.S. data.

Price on Gaddafi's head as fighting continues

Libya's new masters offered a million-dollar bounty for the fugitive Muammar Gaddafi on Wednesday, after he urged his men to carry on a battle that kept the capital in a state of fear.

Wall Street slips as Fed uncertainty weighs

Wall Street bounced around in choppy trading on Wednesday after an early stocks rally faded on uncertainty about Federal Reserve Chairman Ben Bernanke's speech to central bankers on Friday.

Fed's Jackson Hole retreat not always restful

Central bankers and economists from around the globe will once again flock to the Federal Reserve's annual gathering in Wyoming this week, and once again will meet against the backdrop of volatile markets and the prospect of further Fed support for a struggling U.S. economy.

Q+A: German court hears Samsung/Apple design spat

A German court will decide on Thursday whether Samsung can sell its latest iPad rival in Germany after an preliminary injunction requested by Apple barred the South Korean company from selling its new Galaxy tablets in Europe's biggest economy earlier this month.

U.S. budget improves, economy weighs: CBO

A sweeping U.S. budget deal has brightened the country's fiscal outlook but unemployment will remain high over the near term, nonpartisan congressional forecasters said on Wednesday.

Bachmann Unveils ‘One-Term Obama’ Petition

Bachmann ramped up her criticism of the vacationing president on Wednesday by circulating a “One-Term Obama” petition among her supporters in order to showcase his handling of the economy.

Pluto's Controversy Remains: To be a Planet or a Dwarf, That's the Question

Five years ago today, Pluto ceased to be a planet, when the International Astronomical Union demoted it to a newly created category of dwarf planet.The decision to redefine the long-known ninth planet of the solar system remains controversial today, with some disagreements among scientists as well as confusion among the public.

U.S. budget deal to slice deficits: CBO

A sweeping budget deal and lower interest rates will slice projected U.S. budget deficits nearly in half over the next 10 years, but the economy will remain sluggish in the near term, the nonpartisan Congressional Budget Office reported on Wednesday.

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