IBT Staff Reporter

Below are highlights of International Monetary Fund Managing Director Christine Lagarde's first news conference since being tapped to run the IMF.

Another report on how many iPhone 5s will be sold.

Stocks bounced off session highs on Wednesday after investors shrugged off a downgrade of Portugal's credit rating and an interest-rate hike in China.

As this global treasure hunt garners more and more recognition, will scares subside?

Anish Kapoor's 'Orbit' is being compared to London's Eiffel tower.

Growth in the U.S. economy's vast services sector remained sluggish in June as new orders fell, but economists said a steady employment reading pointed to job growth later in the year.

New Chelsea manager Andre Villas-Boas will attempt to motivate his players by forcing them through a DVD of Manchester United's title celebrations last season, thereby instilling a feeling of revenge in their minds.

The massive storm that rushed across Phoenix last night with a wall of dust at least 5,000 feet high might look crazy, but the phenomenon is not all that uncommon in southern Arizona.

China raised interest rates for the third time this year on Wednesday, making clear that taming inflation remains a top priority even as the growth pace of its vast economy gently eases.

Forbes magazine released its list of the highest paid actresses last year and Angelina Jolie and Sarah Jessica Parker were in the top spots as they both earned $30 million last year.

Here is a look at some people's reactions to the Casey Anthony trial.

Stocks fell slightly on Wednesday after a downgrade of Portugal's credit rating, China's interest rate rise and a soft report on the U.S. services sector sparked jitters about global growth prospects.

Christine Lagarde, the IMF's new chief, pledged on Wednesday to push ahead with reforms to give fast-growing emerging markets greater sway at the global lender.

The pace of growth in the U.S. economy's services sector remained sluggish in June and new orders fell, but employment held steady last month, according to an industry report released on Wednesday.

Deaths from colon cancer continue to drop across the United States — in all but one state, health officials said Tuesday.

As the core of the third generation of Communist Party leaders, and as someone famous for his flamboyant personality, Jiang's absence from CCP's 90th anniversary is unusual. Rumors of his death triggers speculations about the power shifts within the Communist Party as the 2012 leadership transition is drawing closer.

A valuable drawing by art master Pablo Picasso was stolen from San Francisco yesterday afternoon.

The team led by an Indian born scientist has developed the device which can be clipped to a smart phone for detectionisohunt, utorrentcute baby wallpapers, utorrent...

In a radio debate, Meghan Cox Gurdon said she didn't expect anything like the degree of reaction that her Wall Street Journal essay on darkness and depravity in young adult literature has generated -- but she did think it would probably get up some people's noses.

In tens years and eight films. Though it is definitely the end of an era for the Harry Potter cast and the fans, we can be sure to find more of the stars as they venture out into new projects.

China's central bank increased interest rates for the third time this year on Wednesday, making clear that taming inflation is a top priority even when as the economy slows gently.

Hackers seized control of a PayPal Twitter feed on Tuesday, then sent out messages criticizing the payment processor in the second attack of its type in two days.

LONDON, July 6 - British Prime Minister David Cameron on Wednesday called for an official inquiry into a phone hacking scandal at Rupert Murdoch's News International that has prompted national outrage.

Germany wants to put a Greek bond swap back on the table as a model for private sector involvement in fresh aid for Athens, Deputy Finance Minister Joerg Asmussen told Reuters Insider TV Wednesday.

An alternate juror in who witnessed the Casey Anthony trial called the defendant a good mother, on Wednesday, a day after a jury acquitted her of first degree murder, manslaughter and child abuse, while convicting her of lying to police.

On July 1, Jiang was absent at an important event in Beijing commemorating the 90th anniversary of China's Communist Party.A few days later, an important figure was urgently hospitalized into 301 Military Hospital located in Beijing, China. The figure is reportedly the former Chinese leader Jiang Zemin, who was rumored to be in sickness since his last public appearance in Jiangsu on May 14th.

Assuming the collective bargaining agreement between players and owners is resolved within the next week or so, the fallout from the lockout would continue into the regular season, with at least the first three games being impacted by the lockout. But will this disruption help or hinder the New York Jets and the New York Giants?

Car maker Ford and billionaire Richard Branson's Virgin Holidays have suspended advertising in Britain's News of the World due to allegations of hacking by the newspaper while travel operators Thomson and First Choice are among a growing band of companies reviewing their policies.

New International Monetary Fund Managing Director Christine Lagarde pledged on Wednesday to push ahead with reforms to give fast-growing emerging markets greater sway at the global lender.