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Nasrallah – who finds himself increasingly isolated in the Middle East – must realize that Wednesday’s bombing in Damascus which killed three of Assad’s top lieutenants, poses grave danger to his organization.

The Federal Reserve Bank of New York is proposing that money market managers be empowered to hold back depositors' money for 30 days in the event of a run on funds. The controversial proposal is being called by critics a kind of capital control.

Cleveland has the pieces to trade for Dwight Howard.

Investors seem to be disregarding the parade better-than-expected profit figures from major financial institutions this earnings season, instead using top-of-the-line revenue and return on equity numbers to guide their investment decisions.

After Dark Knight shooting suspect James Holmes allegedly killed 18 and injured 34 others last night at a midnight premiere of the film in Aurora, Colo., the rest of the country is on edge and anxious about possible copycat attacks in wake of the chilling mass shooting.

In the aftermath of a deadly Colorado shooting, New York City Mayor Michael Bloomberg urged President Obama and Mitt Romney to say how they would prevent future incidents of gun violence.

A senior Iraqi official told the New York Times that all four of the country's crossings into Syria have now been closed, because the rebels have seized the Syrian sides of them.

U.S. officials said Thursday the suicide bomber responsible for a deadly attack on Israeli vacationers in Bulgaria was a member of a Hezbollah cell that was operating in the country and looking for such targets, backing Israel’s assertions.

Jeremy Lin is officially a member of the Houston Rockets. These pictures and video of him receiving his new uniform and the ensuing press conference Thursday in Houston prove it.

Sylvia Woods, founder of Harlem's famous soul food restaurant, Sylvia's had died at the age of 86, according to a statement issued by her family.The Legendary restaurateur was best known internationally as the Queen of Soul Food, with her New York restaurant located at 126th St. and Lenox Ave., near the Apollo Theater.

The New York Jets coach has gone from 348 to 242 pounds after a lap-band surgery two years ago.

Snooki met former Speaker of the House Newt Gingrich and she was quite smitten with him, calling him cute and nice. The two crossed paths on Jay Leno's Tonight Show and really seemed to hit it off.

Tom Davis, the beloved comedic writer from the early days of Saturday Night Live, died at the age of 59 on Thursday.

U.S. existing home sales unexpectedly fell in June, according to the National Association of Realtors, raising fresh doubts about the housing recovery. Here are five important trends taken from the numbers.

After activist investor Bill Ackman of Pershing Square Capital Management said he expects to make 15 to 20 times his investment in beleaguered Plano, Texas-based retail giant J.C. Penney Company, Inc. (NYSE:JCP), stock in the company hit a ten day high.

Do you prefer rooftop terraces to big backyards, an evening at the theater to a night on the couch, or coffee at a café instead of a cup of tea at home alone? If so, you may want to check out one of the cities on Coldwell Banker’s new survey of America’s top 10 markets for “social seekers.”

Now three days into running Yahoo (Nasdaq: YHOO), the No. 3 search engine, CEO Marissa Mayer has already telegraphed that change is coming. She appointed the first editors for Yahoo News and Yahoo Finance, two of the company’s most popular portals.

The Yankees have looked into trading for Justin Upton.

Celebrity Chef Gordon Ramsay, has been named the highest earning chef in the U.S with a global income of $38 million, according to Forbes.

The presidential race continues to be a tossup, with several new polls showing a split electorate and a persistent sense of gloom about the fitful economic recovery.

A New York-based advocacy group found that nearly 40 laws enacted across 15 states this year have the potential to restrict women's access to reproductive health care, nearly 40 years after the U.S. Supreme Court's decision in Roe v. Wade made the controversial procedure legal.