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Standard & Poor's

S&P Downgrades U.S. Credit Rating; What Lies Ahead?

The U.S. lost its AAA credit rating from Standard and Poor's for the first time in history, dealing a symbolic blow to the world's economic superpower. The impact of this downgrade is a matter of speculation.
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Paul Ceglia

Facebook Uncovers 'Smoking Gun' Evidence in Paul Ceglia Case

The Paul Ceglia vs. Facebook lawsuit has got another twist in the tale, as the Menlo Park, California-based social networking company has claimed to have revealed "smoking gun" evidence against Ceglia, the New York state resident, who claimed half of Mark Zuckerberg's stake in Facebook.
Gold

Gold holds firm after U.S. data

Gold held firm after upbeat U.S. labor market data soothed immediate fears of a recession, but longer-term uncertainty about economic growth and concerns about the euro zone debt crisis supported demand for the precious metal.
Traders work on the floor of the New York Stock Exchange

Solid U.S. July Job Gains Calm Markets

Solid July job gains calmed U.S. markets on Friday, but Wall Street remained nervous among talk that the nation may be falling into a double-dip recession.
Jay-Z and Kanye West

Jay-Z and Kanye West 'Watch The Throne' Gets 'Fresh'

You may not know him by name, but quasi newcomer--Hit-Boy, has been the brain behind many musical operations. He produced beats for the track "Stronger" for Mary J. Blige, "Froze" for Chris Brown, Lil Wayne and Eminem's "Drop the World" and now, he has lent an ear to Jay-Z and Kanye West's "N---as in Paris." As part of their "Watch the Throne" album, working on this track is a huge accomplishment for Hit-Boy.

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