GOLD

Watch live coverage as the U.S. women's soccer team takes on New Zealand in the Olympic quarterfinals, plus read a full preview.

Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season.

The American defended her gold medal from 2008 with another gold medal.

Gabby Douglas just helped the United States bring home its first gold medal in gymnastics since 1996. But instead of talking about her energetic floor exercise or remarkable vault, all some people can manage to talk about is her hair.

A day after becoming the most decorated medal-winner in Olympics history, American swimmer Michael Phelps decided 19 medals wasn't enough.

American gymnast Gabby Douglas definitely has something to smile about after adding another gold medal to her 2012 London Olympics memorabilia. The Flying Squirrel won her second gold medal after competing in the individual all-around final on day six of the London 2012 Olympic Games on Thursday. She and her Fierce Five teammates brought the United States their first gold medal for gymnastics in the Olympics since 1996.

A new American star has emerged at the London Games as Gabby Douglas won the women's all-around gymnastics title on Thursday.

Here is a list of the Olympians with the most career medals in the history of the Games.

Michael Phelps claimed his record setting 16th career gold medal, and 20th overall as he won the men's 200m individual medley. He defeated his USA teammate, Ryan Lochte, who took the silver.

A roundup of quarterfinal action in the men's singles event at the 2012 Olympics at Wimbledon.

Kayla Harrison of the United States won gold on Thursday in the women's 78 kilograms final match for judo against Great Britain's Gemma Gibbon.

South Korean fencer Shin Lam got denied an advance to the Olympic final of the women's epee after she misinterpreted a clock re-setting.

Teammates Michael Phelps and Ryan Lochte will go head-to-head one final time at the 2012 Olympics.

The Bank of Korea, which already holds the world's seventh-biggest foreign-exchange reserves, is the latest of several central banks to purchase bullion as a hedge against European sovereign debt and tumbling equities.

Watch live coverage of the women's individual all-around competition at the London Olympics, plus a full preview.

Michael Phelps who set an all-time Olympic record on July 31, claiming the 19th Olympic Gold medal across 12 Olympic Games starting 2000, can also lay claim to the most tweeted athlete ever so far in the games, the Twitter announced August 1.

At each Olympic Games the same scenario unfolds: Organizers and government officials tout the astounding economic benefits. The city, basking in the glow of Olympic pride, goes along with the officials. In the end, however, the so-called benefits rarely surface.

Despite competing in the Olympics since 148, until the 2012 Olympic games in London, Venezuela had only won a single gold medal, courtesy of men's light flyweight boxer Fransisco Rodriguez in 1968. Now, however, the South American nation has taken home another gold medal, thanks to epee fencer Rubèn Limardo.

Asian shares eased Thursday as investors turned increasingly cautious with hopes of stimulus action by central banks fading ahead of a European Central Bank's meeting later in the day and after the U.S. Federal Reserve took no action a day earlier.

Despite the fact she has pinkeye, US beach volleyball Olympian Kerri Walsh Jennings has consistently been dominating her opponents in London. Still, will her infection be the downfall of the team?

Olympic gymnast Jordyn Wieber gets congratulated by the teen idol.