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Gold Prices Higher in Early U.S. Trading

Gold rose Wednesday but shares of gold mining companies were mixed in premarket trading, indicating that optimism about the yellow metal is doesn't automatically transfer to companies that mine the precious commodity.

Wall Street Set for Lower Open; Earnings Reports Awaited

Traders work on the floor of the New York Stock Exchange
Stock futures pointed to a lower open for Wall Street Wednesday, with investors believing that Tuesday's meeting between French and German leaders failed to make significant progress on the euro zone sovereign debt crisis.

Native New Yorker?s Finale Chicken Wing Eating Contest Announced

Native New Yorker’s Finale Chicken Wing Eating Contest
Native New Yorker's "Battle of the Bone", Finale Chicken Wing Eating Contest will be held from noon to 4 pm on Aug. 20. The sports-themed family restaurant franchise announced the finale of the 2011 contest, in which contestants attempt to top each other by eating the restaurant's famed chicken wings.
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Why Today's Record High Gold Price Matters

The record high price set by gold Tuesday confirms, more dramatically than ever, that Wall Street's lack of confidence in paper assets extends even to companies that mine the world's most reliable store of value, gold.
Photo illustration shows one-tael gold cubes at a jewellery store in Hong Kong

Wall Street Slides; Gold Sets Record

Gold set a record high Tuesday and U.S. stocks fell on fresh concerns over weakness in Europe's biggest economy, doubt that European leaders will be able to solve its sovereign debt problems and the languishing U.S. economy.
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Gold Sets Another Record As Stocks Fall

Gold settled at a record high Tuesday after investors abandoned stocks on fresh concerns over weakness in Europe's biggest economy, doubt that European leaders will be able to solve its sovereign debt problems and the languishing U.S. economy.
At Issue: U.S. Budget

U.S. Budget Deficit: Five Things You Didn?t Know

The recent federal budget fight between the Democrats and Republicans over the debt ceiling, true to form, yielded "more heat than light," once again, regarding the true sources of the budget deficit. Therefore, without further adieu, sans the rhetoric, here are five things you didn't know about the budget deficit.
A boy watches through a window of an Amtrak train from Birmingham to Anniston

U.S. Infrastructure Woes: A Roadblock to Growth

Long famous for its top-notch highways and passion for cars, the United States is letting bridges rust as traffic chokes overburdened roads, threatening a pillar of its economic strength.
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Pastor Zachery Tims Found Dead in NY Hotel: Drugs Suspected

The death of Zachery Tims, Florida megachurch pastor and televangelist, has stirred controversies.While autopsy results returned inconclusive and no criminal activity has been suspected, a white powdery substance believed to be narcotics was found in his pocket.
Facebook Beats Apple as ‘Worst Dress’ in Silicon Valley, Zuckerberg MVP

Facebook Lawyers Prove Ceglia's Contract Was Fabricated: Court Filing

Paul Ceglia, the wood pellet salesman from New York claiming he was a founder of Facebook along with Mark Zuckerberg, filed a lawsuit against Zuckerberg in 2010, alleging that they have signed a contract in 2003 that entitled Ceglia to half the company. A court filing on Monday suggests that an authentic contract found embedded in electronic data on Mr. Ceglia's computer did not mention Facebook at all. All it had was a company called Street Fax that Mr. Ceglia reportedly owned.
Two children sit on a bench outside the New York Stock Exchange

Fitch Affirms U.S. at AAA, Outlook Stable

Fitch Ratings said on Tuesday it affirmed the United States' top-notch credit rating at AAA, giving the world's largest economy a reprieve after it was downgraded by Standard & Poor's little more than a week ago.

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