IBT Staff Reporter

As much of a quarter of the recent decline in the U.S. jobless rate is due to long-term unemployment benefits running out, according to research from the Chicago Federal Reserve Bank published on Tuesday.

Intel debuts ultrabooks and predicts heavy adoption by the end of 2012.

Wall Street bulls took the upper hand on Tuesday as hopes for a new plan to deal with Greece's debt crisis soothed some investor worry, but more grim economic data suggested there were more hurdles ahead.

Republican Presidential Candidate Mitt Romney took a break from tackling policy issues to answer questions about his personal tastes in a new interview which aired on Tuesday.

Mitt Romney, the Republican Presidential candidate hopeful, says he isn't worried that people in the United States will be considering his religion as they go to the polls in November of 2012.

These tips will make your furry friend's trip as smooth as possible.

U.S. retailers are expected to show a moderate increase in May sales, as high gas prices likely tempered consumer demand for summer clothing and other discretionary items.

The Atlanta Thrashers hockey team has been purchased by an owner who intends to move the National Hockey League franchise to Winnipeg, returning the sport to the capital of Manitoba, Canada, for the 2011-2012 season.

Apple Inc Chief Executive Steve Jobs, who spent months on medical leave, will open an annual developers' conference next week showcasing the iPad maker's latest computer software and a new cloud computing service.

Boeing Co has seen increased interest in its Super Hornet fighter jet from potential international customers as Lockheed Martin's F-35 Joint Strike Fighter has faced development and cost challenges, a Boeing executive said on Tuesday.

Sony Corp will look to reduce operating losses in its television business by at least half in the current fiscal year through March 2012, Chief Financial Officer Masaru Kato said in an interview with the Nikkei business daily.

And since we all love freebies, I've gathered a list of top 10 FREE apps for toddlers - tested and approved by my very own two-year-old.

Ally Financial Inc, the United States' largest maker of car loans, hopes that people have forgotten the time when subprime became a synonym for disaster.

One product was notably missing from Apple's pre-announcement of its WWDC announcements.

NBA prospects will be in New York this week for pre-draft workouts with the Knicks. Jimmer Fredette, Darius Morris, Demonte Harper and Rick Jackson lead the crop of young basketball players hopeful for a shot in the NBA.

A jury in Los Angeles decided that millionaire James Fayed should receive capital punishment for masterminding the murder of his wife at a Century City parking garage.

Greece appears to have agreed a tax cut with its international lenders, aimed at forging a broad consensus for more austerity to avoid a debt default, but the opposition said on Tuesday this would still not win its support.

Higher car prices and a shortage of fuel-efficient vehicles likely threw a roadblock in the U.S. auto industry's recovery path in May, when the Japan crisis had its biggest impact on U.S. sales so far.

The rising tide of stocks last year further erased the damage of the 2008 financial crisis and buoyed worldwide personal wealth to a new record high.

On the Memorial Day evening, did you encounter the beautiful Manhattanhenge? If not, here is your second, and better chance.

On the Memorial Day evening, did you encounter the beautiful Manhattanhenge? If not, here is your second, and better chance.

Democratic Representative Anthony Weiner has hired an attorney to investigate the hacking of his Twitter account after a lewd photo was sent to one of his followers, his office said on Tuesday.

(Reuters) - Tobacco will kill nearly six million people this year, including 600,000 non-smokers, because governments are not doing enough to persuade people to quit or protect others from second-hand smoke, the World Health Organization (WHO) said on Tuesday.

Consumer confidence slid in May as consumers turned more pessimistic on the outlook for the labor market and inflation worries rose, according to a private sector report released on Tuesday.

Hopes of more financial aid for debt-stricken Greece lifted Wall Street on Tuesday, but a sharp bounce at the open was largely eroded as more weak economic data brought investors back to earth.

Data showing a double-dip in home prices, pessimistic consumers and a slowdown in regional manufacturing raised concerns on Tuesday that the economy's soft patch could become protracted.

Mobile phone maker Nokia Oyj abandoned hope of meeting key targets just weeks after setting them, raising questions over whether its new boss can deliver on the turnaround he promised in February.

Space Shuttle Endeavour's flight crew is making final preparations to make a pre-dawn landing in Florida on Wednesday after wrapping up an 11 day stay at the International Space Station.

The European Central Bank will not let Lorenzo Bini Smaghi be forced off its executive board and expects him to leave only if he is asked to head the Bank of Italy when Mario Draghi becomes ECB president in November, ECB sources have told Reuters.