IBT Staff Reporter

Debt default. A ratings downgrade. Political deadlock. Such terms, once associated primarily with the developing world, now abound in the mighty United States.

The family of Amy Winehouse sought "privacy" from the public eye on Sunday, one day after the young, beehive-haired soul singer's untimely death, which sent fans rushing to download her songs in remembrance.

The recent revelation of fake Apple stores located in the southwestern Chinese city of Kunming,Yunnan highlights its infringing patents and copyrights culture. Visitors are fooled by elaborately constructed replicas of commercial products in China known as a counterfeit haven.

While the cause of Amy Winehouse's death is yet to be explained, the British singer is known for having long battled with alcohol and drug addiction.Overall, Borderline Personality Disorder could have undermined her life that was tragically shortened to 27 years.

With financial markets on edge, White House officials and Republican leaders scrambled to reassure them that the United States will avert default and lift its $14.3 trillion borrowing limit before August 2.

Cone-ing is a video fad where participants order an ice cream cone at a fast food drive-through. The first cone-ing video was uploaded to YouTube by Stevens through his user stevensalki on May 18th, 2009, and has received around 130,000 views as of June 2011.

President Barack Obama and congressional leaders struggled on Sunday to break a partisan deadlock on a budget deal to avoid a U.S. debt default and reassure global markets, with no sign of a deal emerging.

President Barack Obama and congressional leaders struggled on Sunday to break a partisan deadlock on a budget deal to avoid a U.S. debt default and reassure global markets, with no sign of a deal emerging.

Winehouse has been found dead at her home in north London.

The sluggish pace of hiring may be hobbling the economy, but it's not been holding back big U.S. companies' profits thanks to growth overseas and cost controls at home. And that's bad news for the more than 14 million Americans without jobs.

Much of the United States may be frying in near-record temperatures but Wall Street has been feeling the heat for months. Wrangling over the debt ceiling has kept markets on edge, and investors are still waiting for a breakthrough that leads to a deal to avoid a devastating default.

Tom Hardy, who plays Bane in 'The Dark Knight Rises' Set for Release in the Summer of 2012, didn't have anything to say about his character in a recent interview, although when asked about fan reaction to a new trailer he shared his enthusiasm.

Tae-hwan Park, 21, the Beijing Olympics champion, won a gold medal in the 400 meter freestyle at the 2011 FINA World Championships in Shanghai with a time of 3:42.04 seconds.

According to comScore, Google+ has over 20 million users, not including those who visited the Website from Android or smartphones. Of them, 5 million users were from United States.

Global financial markets have been more than patient throughout this summer's struggle over raising the U.S. debt ceiling. That patience may run out on Monday.

Comedian and actor Russell Brand, who has battled addiction, reflected on the life and death of fellow North London friend Amy Winehouse, whose life was filled with similar struggles.

U.S. airlines are fighting the prospect of sharply higher passenger security fees that could be part of any deficit-reduction plan.

A British pop singer Amy Winehouse was found dead on Saturday in her apartment in London. She was only 27 years old.

HTC seems to be capitalizing on the delay of the launch of iPhone 5 in the smartphone market pretty well. Some leaked images in Flickr and Yahoo photo sharing website suggests that HTC is working on a new phone Ruby.

While there has been official communications from Motorola about the general launch period, in recent days and weeks, speculation has also arisen about a specific date.

His campaign is taking time to take off and seeing some personnel shake-ups

New York City may be frying in near record temperatures but Wall Street has been feeling the heat for months. Wrangling over the U.S. debt ceiling and questions marks over corporate earnings mean markets are unlikely to get a break any time soon.

Florida lawmakers did not approve more than $50 million in federal child-abuse prevention funds that were tied to the Obama administration's healthcare reform package.

Bank of China <3988.HK> <601988.SS> is a leading contender in the race to acquire the aircraft leasing business being sold off by Royal Bank of Scotland , the Sunday Times reported without citing sources.

On Sunday, the Pope Benedict XVI expressed deep sorrow for the victims of the attacks. He renewed his sad appeal to abandon forever the path of hatred and flee from the rationale of evil.

While a brutal heat wave persists, the National Weather Service has issued excessive heat warnings for wide areas of the central and eastern United States. Parts of New York’s electrical network failed and water usage had soared up to 50 percent higher than normal in New York as triple-digit temperatures combined with humidity forced everyone to try to keep cool.

Details are emerging regarding British singer Amy Winehouse's final hours, who was discovered dead Saturday. Determined to have a big one on Friday night

A list of iconic musicians who like Winehouse died really young.

Ali Larijani, Iran's parliamentary speaker on Sunday blamed the United States and Israel for the killing of an Iranian scientist reports Reuters.