Joseph Lazzaro

The special prosecutor investigating the shooting death of unarmed Florida teenager Trayvon Martin has ruled out using a grand jury in the case, meaning her office alone will decide whether to charge shooter George Zimmerman with a crime.

More than 40,000 employees at AT&T Inc will keep working under the terms of an expired labor contract while their union continues negotiations with the telephone company, averting a potentially costly strike for now.

The United States does not need and cannot afford the Pentagon’s request for the F-35 Joint Strike Fighter, which will cost -- incredibly -- a mind-boggling $134.5 million per plane.

Global food prices rose in March for a third successive month, driven by gains in grains and vegetable oils, the United Nations' Food and Agriculture Organization said on Thursday, putting food inflation firmly back on the economic agenda.

The Bank of England held back from giving Britain's fragile recovery an extra boost on Thursday, as the economy appears to have avoided falling into recession despite a shock drop in manufacturing output in the first months of 2012.

The European Central Bank held its main interest rate at 1.0 percent on Wednesday as persistently high inflation offset pressure to respond to the euro zone's shaky economic recovery.

The U.S. private sector added 209,000 jobs in March, ADP said in its monthly report -- just above the Bloomberg News consensus estimate 0f 208,000.

Federal Reserve policymakers appear less keen to launch a fresh round of monetary stimulus as the U.S. economy improves, according to minutes for the central bank's March meeting.

One of London's most prominent bankers was fined 450,000 pounds ($720,000) for passing on inside information in a case that will embarrass his employer J.P. Morgan Cazenove and which marks a push by British regulators to target high-profile figures.

Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sources said.

New orders for U.S. factory goods rebounded in February and firms increased orders for capital goods, suggesting manufacturing held on to some momentum early in the year.

A gunman opened fire at a private Christian college in Oakland, California, on Monday, killing at least two people and wounding at least four, authorities said.

The pace of growth in manufacturing picked up last month, but construction spending saw its largest drop in seven months in February, pointing to an economy that is healing gradually.

International trade groups representing more than 250,000 companies have warned Indian Prime Minister Manmohan Singh that new taxation proposals by his government have led foreign businesses to reconsider their investments.

In a sense, a controversial radio talk show host, and former Fox News commentator, had it right: The United States could be headed for a major period of social unrest -- or worse -- but not for the reasons he stated.

In a sense, the controversial radio talk-show host and former Fox News commentator Glenn Beck had it right: The United States could be headed for a major period of social unrest -- or worse -- but not for the reasons Beck stated.

BP Plc has accused the U.S. government of withholding evidence that may show the 2010 Gulf of Mexico oil spill was smaller than federal officials claimed, a key issue in determining the oil company's liability.

Household income grew at a faster pace in the fourth quarter than previously thought as the jobs market strengthened, a development that could underpin consumer spending.

Euro zone nations are falling far behind the United States and Canada as a fragile recovery takes root in advanced economies, the OECD said on Thursday, advising central banks to keep easy money flowing so the rebound does not prove short-lived.

The U.S. government now projects that the total cost to develop, buy and operate the Lockheed Martin Corp F-35 Joint Strike Fighter will be $1.45 trillion over the next 50-plus years, according to a Pentagon document obtained by Reuters.

More than two-thirds of Americans disapprove of the way President Barack Obama is handling high gasoline prices, although most do not blame him for them, according to a Reuters/Ipsos online poll released on Tuesday.

On the third and final day of oral arguments over the Affordable Care Act, the Supreme Court justices are expected to ask whether the 2010 law could survive the abolition of its requirement that Americans get health insurance.

U.S. single-family home prices were unchanged in January, suggesting the battered housing market continues to crawl along the bottom, a closely watched survey said on Tuesday.

Former U.S. Sen. Rick Santorum of Pennsylvania won the Louisiana presidential primary election Saturday, CNN projected, based on exit polls, but he still trails former Massachusetts Gov. Mitt Romney by a wide margin in the 2012 Republican Party nomination race.

Former Federal Reserve Chairman Paul Volcker backed a controversial proposal to impose term-limits for audit firms on Wednesday, saying it would serve as a powerful incentive to maintain professional discipline.

McDonald's Corp (MCD) Chief Executive Jim Skinner, who took the top post at the world's biggest hamburger chain following the abrupt departures of two CEOs, is retiring after more than seven years as a stabilizing force at the helm.

The worst of the euro zone crisis is over and the European Central Bank will act if inflation risks grow, ECB President Mario Draghi said in a German newspaper interview released on Thursday, seeking to ease angst in Germany about price rises.

British finance minister George Osborne cut the top rate of income tax while imposing new levies on the wealthy, in a political high wire act designed to rejig the burden of austerity without wavering on plans to erase a huge budget deficit.

The British economy looks set to avoid a renewed recession and the recovery will pick up speed next year, finance minister George Osborne said in his budget statement on Wednesday.