IBT Staff Reporter

On Wednesday an UN official said UN food aid is now being distributed to 900 000 Palestinians in the Gaza Strip in the aftermath of Israel's devastating military offensive in the territory, the AFP reported.

On Tuesday, the Chicago Cubs acquired right-handed pitcher Aaron Heilman from the Seattle Mariners for infielder Ronny Cedeno and left-handed pitcher Garrett Olson.

Kim Kardashian took a stand against all the negative attention Jessica Simpson received on her fuller figure following her Sunday at the Radio 99.9 Kiss Country's Annual Chili Cookoff.

Amid a financial crisis which has resulted in extremely tight credit for households and businesses, the Federal Reserve's policy making committee emerged from a two-day meeting saying they will keep interest rates at their current record lows since current conditions will warrant it.

The U.S. House of Representatives passed an $825 billion economic stimulus bill on Wednesday. The spending and tax cuts package is meant to give a boost to the ailing economy. The votes were 244-188. All voting Republicans and 11 Democrats voted against it.

One of the most dynamic countries on earth, the United States of America (U.S.A.) offers a wide range of terrain, diverse cultures, vast cities and small friendly towns with something for everyone. Attractions such as...

Taiwanese-based PC computer company Acer has just begun distributing invitations to a press event in Barcelona, Spain during the Mobile World Congress being held there next month.

The Serengeti has mythological appeal; it is a primal call. On a planet in trouble, it is also a profound and important place, sustaining (along with the Masai Mara in Kenya) the massive herds with the instinct and the space to migrate year after year.

On Wednesday Iran's president called for profound changes in U.S. foreign policy. Among others he mentioned an end to support for Israel and an apology to the Islamic republic for past misdeeds.

On the official site of Final Fantasy XIII game, the newly released trailer is very awesome; Square Enix has shown off the first in-game footage.

Jon Bon Jovi, a partner in the Arena Football League, is being sued along with other League officials by a former sales manager for the Philadelphia Soul.

Capital Gate in Abu Dhabi is set to enter the Guinness Book of Records as the 'world's most inclined tower.' It will lean 4 times as far as Leaning Tower of Pisa.

On Wednesday Serena Williams despite the scorching heat at the Australian Open, beat Russia's Svetlana Kuznetsova 5-7, 7-5, 6-1, advancing to the semi-finals.

Pink's third single off her hit album Funhouse is a mid-tempo song titled Please Don't Leave Me that comes with a rather hilarious music video.

The GateWay iPod and iPhone integration system is approved by iSimple for use in more than 30 2009 model cars and trucks.

Ever since Jessica Simpson appeared at the Radio 99.9 Kiss Country's Annual Chili Cookoff this past Sunday, the entertainment industry has been commenting on her curvier form. Her younger sister, Ashlee Simpson-Wentz is now joining the discussion by showing her support for Jessica.

Analysis of Americans' usage of online gaming sites showed that the category has grown 27 percent during the past year to 86 million visitors in December 2008, according to new research.

A Russian cybermilitia has knocked the central Asian country of Kyrgyzstan off the Internet, a security researcher said today, in the latest manifestation of digital warfare.

Nearly half of wireless networks used by retailers are vulnerable to attacks and data-thieves, according to a new study released today.

On Wednesday, President Barack Obama's new envoy to the Middle East called for an end to Hamas weapons smuggling and a reopening of Gaza's borders.

Britney Spears's continues to transform herself as she prepares for her upcoming world tour.

Shares of major banks in the U.S. rose early Wednesday pulling up the financial sector on optimism that President Barack Obama's administration may go ahead with a plan to buy bad assets in the financial system creating the so-called bad bank.

Michael Jackson is facing a lawsuit from his hit 1980's music video, Thriller director Jackson over claims that he hasn't received any royalties from the video in four years.

Wells Fargo said Wednesday it swung to a fourth quarter loss of about $2.6 billion, hurt by credit write-downs to reduce the need for future loan loss provisions on Wachovia Corp's risky assets.

Boeing Company reported Wednesday its net income in the fourth quarter of 2008 plunged to a loss of $56 million, on a strike, a charge related to the 747 and a litigation reserve.

- The FOMC decided today to leave unchanged its funds rate at 0.25% as industrial production, housing starts and employment have continued to decline steeply, as consumers and businesses have cut back spending, as well as the Committee expects that inflation pressures will remain subdued in coming quarters. FOMC expects a gradual recovery in economic activity will begin later this year.Fed is prepared to buy longer-term Treasury securities if evolving circumstances indicate such transactions would be particularly effective in improving conditions in private credit markets. US Government will continue purchasing large quantities of agency debt and mortgage-backed securities to provide support to the mortgage and housing markets.USD and Dow Jones reacted positively. Wall Street is growing above 8,350 pts, winning 177 points today. EURUSD is falling quickly after the FED decision, touching the 1.3105, the low of the day. USDJPY is climbing up to 90.75, the session's high.According to Nick Nasad, analyst at CMS Forex: I think risk appetite is fueling a bit the Dollar strength, which seems sort of paradoxal in terms of the EUR/USD, but from the way price action was behaving the last two session, the EUR/USD looked ready for a dip... the EUR/USD is responding with a knee-jerk Dollar strength as well as the USD/JPY.

Jessica Alba fights back after being ridiculed for saying Sweden was a neutral country when a reporter didn't want to answer her questions.

A United Nations agency predicted unemployment, working poor and vulnerable employment will increase dramatically due to the current global economic crisis.

A Chinese diplomat says the U.S. knows China is not a currency manipulator, saying it's unfair for the nation to suddenly change its stance, according to a report.