Is gold rising because America is broke?
Gold prices shot up to a new record of $1,512.50 an ounce in New York late on Friday, posting a record weekly gain and maintaining a six-week winning streak. What the gold rally means to the dollar and the American people is obvious from the rush pawn shops see across the United States.
Latest poll shows Californians accept Gov. Brown's tax hike plan
Californians are willing to bite the bullet and accept tax hike plans to close a yawning budget deficit, according to poll results.
Yemen's Saleh bites dust finally; to step down in 30 days
Yemen's long-serving autocrat Ali Abdullah Saleh will relinquish office in a month's time under a deal that saves him from possible prosecution in the future.
Apple's white iPhone 4 could hit stores this week
The white iPhone 4 rumors resurfaced over the weekend after a week's pause with tech websites putting out reports of its imminent launch, citing leaks by select sources.
Four killed as Thai-Cambodia border clash erupts again
The long-simmering border clash between Thailand and Cambodia erupted again on Thursday with troops from both sides exchanging fire, resulting in the death of at least four soldiers.
Patent war plot thickens as Samsung counter sues Apple
A week after Apple filed a lawsuit against Samsung over patent infringements, the South Korean company reciprocated in kind by filing law suits against Apple in South Korea, Japan and Germany.
Chronicle of John Ensign's rise and fall
John Ensign, Republican Senator from Nevada, announced his resignation on Thursday following investigations into a sex and corruption scandal. Here are some facts about Ensign’s political career, personal life, extramarital affair and the corruption scandal.
‘iPhone 4S’ in developers' hands as Apple unleashes A5 chip's power to leverage gaming market
Apple is hitching its smartphone wagon to gaming big time, finally! Apple is letting select developers play around with an iPhone 4 which is implanted with an A5 chip rather than the A4 in order that they can bring out the full gaming prowess on the upcoming iPhone 5. If the gaming slant of the iPhone materializes it would go to prove rumors that Apple was delaying the launch for the iPhone 5 for strategic reasons and not so much because of logistical constraints.
Japan unveils $48.5 billion emergency budget to fund reconstruction
The Japanese government on Friday approved a $48.5 billion emergency budget for disaster relief but refrained from raising fresh debt.
US GDP growth will accelerate in the second half of the year: IHS
Real gross domestic product (GDP) growth in the United States will reaccelerate, and reach 3.5–4 percent in the second half of this year, IHS Global Insight said in its April World Flash report.
Oscar-nominated photographer killed in Libya's Misrata
Two news photographers were killed in the conflict zone in Libyan rebel stronghold of Misrata where Muammar Gaddafi's forces have intensified attacks on rebel positions.
Apple iPhone 5 production to start in July; could go on sale in September
The iPhone 5 media overkill can resume now, with a Reuters snap report from Hong Kong late on Wednesday saying that Apple will begin production of the much-awaited device in July and that the product could hit stores in September.
Japan declares entry into Fukushima evacuation zone illegal
The 20-kilometer evacuation zone around the crippled Fukushima nuclear reactor complex has been declared a no-entry zone by the Japanese government, stating that the 'plant has not been stable'.
Gold shoots past record $1500 mark; hints at troubles for dollar
Gold prices soared above $1,500 an ounce on Wednesday, setting a new all-time record, even as the precious metal sustained a superb run banking on its value as the preferred safe haven investment in uncertain times.
S&P warning reflects unsustainable debt, risks of policy response gridlock: IHS
For over 70 years the United States has been widely considered AAA top-notch benchmark sovereign risk. Standard & Poor (S&P)'s decision to impose a negative outlook now puts this status under question for the first time, reflecting the unsustainable debt trajectory and risks of policy response gridlock.
'Corporate CEOs hoarding cash; but not when it comes to their own paychecks'
In 2010, Standard & Poor's 500 Index company CEOs received, on average, $11.4 million in total compensation, the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) said in a report.
Iran insists OPEC should not raise crude output to curb gasoline prices
Iran, prominent member of the oil cartel Organization of Petroleum Exporting Countries (OPEC) and long-time adversary of the U.S, has objected to the move by certain members of the oil exporting cartel to raise output in order to clam markets and ease oil prices.
Far from dying, nuclear power sector is thriving despite safety concerns
There are many people who think the Fukushima nuclear crisis has signaled the demise of the nuclear power industry, or at least that it will soon run into a ditch. But certain facts speak otherwise. Rising scepticism about the industry's future, especially in Europe, notwithstanding, the nuclear power sector is more likely to thrive than not.
Fukushima situation serious but early signs of recovery visible: IAEA update
The situation at the Fukushima Daiichi nuclear power plant remains very serious but there are early signs of recovery in some functions, such as electrical power and instrumentation, International Atomic Energy Agency said on Monday in its latest update on Fukushima nuclear crisis.
NASA awards commercial spaceship projects worth millions
NASA has awarded projects worth millions to four commercial space transportation companies as part of its Commercial Crew Development (CCDev2) program.
Formal retreat: Fidel Castro quits Communist Party's central committee
Cuban strong man Fidel Castro has resigned from the Communist Party's central committee, formalising a gradual retreat from spotlight that started in 2006.
The worst, most brutal American serial killers (SLIDESHOW)
Serial killers of all hues have prowled the land -- those who took to killings to avenge the psychological trauma from school bullying or a broken family, the ones who just killed people to approximate god's powers over life, those who just killed out of ‘objectionless villainy’, highly intelligent killers who teased the investigators with their complex crime footprint, and others who led normal-looking public lives to cover up their repulsive real persona.
TEPCO says radiation level will be brought down in three months
Tokyo Electric Power Co. (TEPCO), which operates Japan's damaged nuclear plant at Fukushima, said on Sunday that radiation level at the plant will be brought down to a downward trend within three months. The following is the latest update from TEPCO about the status of the Fukushima-Daiichi nuclear plant:
Toys R Us, Best Buy: Places to rush to on Sunday to buy Apple iPad 2
A leaked photo of a Toys R Us employee training guide is the proverbial raft for those at sea hunting around for the Apple iPad 2! Tech websites say Toys R Us will offer the latest iPad in its stores on Sunday.
Toll rises to 20 as deadly US tornadoes poised to withdraw
The death toll has risen to 20 after tornadoes ripped through the US South in the past three days. Widespread damage was reported in south and North Carolinas, Oklahoma, Alabama, Mississippi and Arkansas.
Talk of Gaddafi's exit is insult to all Libyans: Aisha
Embattled Libyan leader Muammar Gaddafi's daughter Aisha Gaddafi made a rare public appearance in capital Tripoli to rally support for her father, saying the talk about Gaddafi stepping down is an insult to all Libyans. Gaddafi is not in Libya but in the hearts of Libyans, she said.
EU-Japan trade deal on cards, affirms Spain
Spanish Prime Minister Jose Luis Rodriguez Zapatero on Friday affirmed the possibility of the European bloc signing a Free Trade Agreement (FTA) with Japan. We hope to sign the trade agreement with South Korea and Japan, Zapatero said at the meeting of business forum in southern Chinese island of Hainan.
NOAA predicts high impact weather across the US on Friday
Widespread severe weather will likely move east into the Middle and Lower Mississippi River Valley on Friday after causing dangerous fire weather conditions across eastern New Mexico, west Texas and western Oklahoma, the National Oceanic and Atmospheric Administration's National Weather Service has said.
'Birther' talk to stay as Arizona passes bill, Palin rejoins debate
The Arizona state Senate passed a bill on Wednesday that makes it mandatory for presidential candidates to produce documents proving that they are citizens of the United States.
Three serial killers may have dumped bodies in Long Island beach
Even as skeletal remains of more murder victims are dug out from a marshy Long Island beach, the police investigation has focused on the possibility of three serial killers having dumped dead bodies in the same area.