keep for now

The U.S. Federal Reserve's much criticized bond buying spree had only mild side-effects on other economies but the process of tightening monetary policy eventually may reverberate more harshly, an IMF report said on Monday.

U.S. stock index futures fell sharply on Sunday as failure so far by the government to strike a deal on the debt ceiling made the prospect of default -- once considered an impossible outcome -- more likely.

Kansas City Federal Reserve President Thomas Hoenig said the Fed should raise interest rates that are near zero to avoid economic imbalances and asset price bubbles.

A Polish company sold chemical fertilizer to Norwegian bomber and gunman Anders Behring Breivik but the transaction was entirely legal and police have made no arrests, the Polish internal security agency said Monday.

The confessed killer of more than 90 people in Norway wanted to prepare by hiring two top-class prostitutes and drinking some expensive French wine, the document he distributed on the Internet showed Monday.

Norwegian Anders Behring Breivik said he killed 93 people to spark a "revolution" against the multiculturalism he believed was sapping Europe's heritage, and experts say a frank debate about immigration may be the best way to prevent similar explosions of violence.

Much of the United States may be frying in near-record temperatures but Wall Street has been feeling the heat for months. Wrangling over the debt ceiling has kept markets on edge, and investors are still waiting for a breakthrough that leads to a deal to avoid a devastating default.

Stocks tumbled on Monday as political brinkmanship in Washington over the debt ceiling sparked fears of a U.S. rating downgrade, sending world equities lower and pushing gold to a record high.

Gold rose to fresh record high on Monday as talks over lifting the debt ceiling appeared to be stalling just days before the August 2 deadline, raising the prospect of a debt default.

Norwegian Anders Behring Breivik said he killed 93 people to spark a "revolution" against the multiculturalism he believed was sapping Europe's heritage, and experts say a frank debate about immigration may be the best way to prevent similar explosions of violence.

Government directives demanding journalists not question official accounts of a deadly high-speed train crash in eastern China are fueling public anger and suspicion about conflicting details of the accident, such as the death toll.

A right-wing zealot who has confessed to killing 93 people in Norway seemed a polite "city man" out of place in a small rural town where he leased a hideaway farm to plot his attacks.

Anders Behring Breivik told a Norwegian judge on Monday his bombing and shooting rampage that killed 93 people aimed to save Europe from a Muslim takeover, and said that "two more cells" existed in his organization.

Sean O'Hair beat fellow American Kris Blanks in a sudden death playoff to capture the Canadian Open on Sunday while Adam Hadwin's stirring bid to become the first homegrown winner in 57 years fell short.

The Detroit Tigers took advantage of some wild pitching by Francisco Liriano to claim a 5-2 win over the Minnesota Twins on Sunday that strengthened their hold on first place in the American League Central Division.

Google Inc has removed excerpts of customer reviews from sites such as Yelp and TripAdvisor from Google Places, its competing online service aimed at helping consumers search for local businesses.

Scorching heat across the U.S. Midwest has almost certainly cut corn yields, and it appears that the grain futures market has largely factored this into prices.

?Absolutely no one is leaving the show just because they?re graduating,? "Glee" co-creator and executive producer Brad Fulchuk told a Hall H crowd at Comic-Con Sunday.

For the premiere of his new shoot-'em-up epic "Cowboys & Aliens," Jon Favreau presented a screening almost as big and bombastic as the movie itself, invading the San Diego Civic Theater with a horde that included Daniel Craig, Harrison Ford, Olivia Wilde, Sam Rockwell, Steven Spielberg and Ron Howard.

A former Chicago commodities broker who disappeared in suspicious circumstances in 1979, possibly fleeing the mob, was found working in a Las Vegas casino and arrested on fraud charges, court documents said on Friday.

Australia's inexperienced men's 4x100 metres freestyle relay team provided a massive boilover on the first day of pool competition, while China completed their sweep of titles in the diving at the world swimming championships Sunday.

The National Football League and NFL Players Association appeared headed for an end to the four-month lockout with the players poised for a possible vote Monday on a 10-year labor agreement, the league website said Sunday.

Roberto Alomar and Bert Blyleven provided an international touch to the Baseball Hall of Fame induction ceremony Sunday as they were enshrined along with longtime executive Pat Gillick.

The father of a Norwegian man charged with attacks that killed at least 92 people says he is in shock and only learnt of his son's involvement via online newspapers, a Norwegian daily said.

Making a re-reboot of the iconic girl-power franchise "Charlie's Angels" that initially caught fire on TV in the 1970s and morphed into two movies in the 2000s takes a certain degree of creative moxie.

During his brief time as the latest iteration of the titular Doctor on the BBC's sci-fi series "Doctor Who," Matt Smith has already accomplished the daunting task of gaining acceptance in the role.

Matt Smith and Karen Gillan return to the airwaves on the newest season of "Doctor Who" on August 27, and BBC America gave fans a primer on Sunday in the form of a new trailer for the season.

During his brief time as the latest iteration of the titular doctor on the BBC sci-fi series "Doctor Who," Matt Smith has already accomplished the daunting task of gaining acceptance in the role.

Wall Street futures fell, the dollar dropped and gold rallied as Washington appeared no closer on Sunday to raising the debt ceiling to avert a devastating default.