IBT Staff Reporter

In the municipal market, the downgrade will likely affect credits directly supported by federal aid and credits that rely on federal support streams for part of total revenues.

HP cutting the price of the Touchpad may have been a necessary move according to one analyst.

New dangers relating to cigarettes emerge all the time. Now a recent meta-analysis published in the Lancet is saying women have a significant increased risk of 25% for coronary heart disease caused by cigarettes. Analysts Dr. Rachel Huxley and Dr. Mark Woodward looked at data from 2.4 million participants in a study that adjusted for cardiovascular risk factors. They found that the female-to-male relative risk ratio (RRR) of smoking when compared to non-smoking was 1.25 with an additional 2% inc...

DARPA says they will learn from today's failure and keep trying to launch the hypersonic glider.

The number of Americans claiming new jobless benefits fell to a four-month low last week, a sliver of hope for an economy battered for days by a credit rating downgrade and falling share prices.

Charla Nash, 57, a Connecticut woman, Thursday revealed her new face after being mauled by a chimpanzee in 2009. Brigham and Women?s Hospital, where Nash underwent a historic 20-hour face transplant in May, released the first post-surgery photograph of Charla Nash, this morning and a statement by her.

Poverty, joblessness, and limited education increase HIV risk among heterosexuals, the CDC reported. The agency found that HIV is more prevalent in those with low socioeconomic status in its first survey among heterosexuals

Stocks rose 4 percent on Thursday as the market bounced back from its recent pummeling and investors cheered results from Cisco and U.S. jobless claims data.

Nokia is getting closer and closer to losing the top spot in terms of phones shipped globally as its share continues to sink.

Stocks jumped on Thursday as solid results from Cisco and mildly encouraging U.S. jobs data gave investors an excuse to scoop up shares beaten down in several days of sharp selling.

New research from Natural History Museum's Dinosaur Institute revealed that a fossil of an ancient carnivorous sea creature contained a fossil of its unborn baby.

Actor Mark-Paul Gosselaar announced his engagement to Catriona McGinn, an advertising executive. Gosselaar proposed last week by giving McGinn a five-carat ring designed by jeweler Neil Lane, a friend of his.

Miranda Cosgrove, the lead actress of the Nickelodeon series "iCarly" and singer, was injured in a bus accident early Thursday. The 18-year-old actress and singer was not seriously injured but did break an ankle.

Which is a better way to battle the capital market blues: the Swiss franc or Frank Sinatra?

A new treatment for leukemia has shown promising results, says a study from the University of Pennsylvania published in the New England Journal of Medicine and Science Translational Medicine.

German tourism and shipping group TUI AG abandoned its forecast for higher 2011 profit, as uprisings in North Africa put tourists off and in the face of a tough shipping environment.

U.S. banks still wrestling with legal troubles springing from the subprime mortgage crisis are lobbying the new consumer agency for strong legal protection for future home loans.

Kendall Jenner agreed to go on a double date with a friend of Justin Bieber. The hit singer and boyfriend of Selena Gomez will try his hand at matchmaking by setting up Jenner with a friend for a double date.

An advanced skin-like bandage serves as "wearable electronics," which might one day replace the bulky wires and electrodes now used to assess body functions, new research finds.

The TBS comedy show bows out after a sudden cancellation.

A new crisis of confidence gripped Europe's banking industry Thursday as its borrowing costs soared, lenders sought emergency funding, and some institutions reviewed exposure to French banks in particular.

Actress Emma Stone has signed a deal to become the new face of Revlon cosmetics. The first ad campaigns to feature her will begin launching in early 2012 and she will join the company in its charity efforts.

YouTube sensation Rebecca Black says that she's now being homeschooled by her mother and has withdrawn from her California school. The 14-year-old singer of the hit "Friday" blames harassment and bullying.

With social media brutally accelerating the news cycle and allowing rumors from riots to bank failures to spread at lightning speed, politicians, businesses and governments must adapt fast.

AOL said on Thursday it would buy back $250 million of its stock, a move presumably intended to boost confidence in the shares, which fell 32 percent in two days.

NBC's "Today" revealed the results of Charla Nash's May full face transplant surgery. Nash was mauled by a chimpanzee in Connecticut in 2009. The middle-aged woman was blinded and lost her hands, nose, lips and eyelids in the attack.

Jennifer Lopez and estranged husband Marc Anthony reunited briefly at a Hamptons beach so the dad could enjoy quality time with their 3-year-old twins.

A new crisis of confidence gripped Europe's banking industry on Thursday as its borrowing costs soared, lenders sought emergency funding, and some institutions reviewed exposure to French banks in particular.

South African stocks added more than 3 percent on Thursday, the biggest daily percentage increase in 15 months, boosted by sentiment generated by better-than-expected U.S. labour market data.