President Barack Obama made an emotional, moral and economic case for extending long-term unemployment benefits on Tuesday, kicking off his first skirmish of the year with Republicans. The spat over prolonging the lifeline to 1.3 million Americans,…
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US stocks registered their first gains of the new year Tuesday, with the Nasdaq adding nearly one percent, helped by a solid November trade report. The Dow Jones Industrial Average finished up 105.84 points (0.64 percent) at 16,530.94. The broad-based…
Global oil prices rebounded with solid gains on Tuesday as a cold snap in the United States boosted demand for heating fuel, analysts said. New York’s main contract West Texas Intermediate for February delivery rose 73 cents to $94.16 a barrel. Brent…
The risk of dying from cancer in the United States has declined 20 percent over the past two decades, according to the American Cancer Society’s annual report out Tuesday. However, cancer, a complex disease that has largely eluded attempts at a cure…
JPMorgan Chase, the US bank used by Bernard Madoff who masterminded the biggest fraud on record, has agreed to pay about $2.0 billion to US authorities to avoid litigation, press reports said Monday. Madoff masterminded a massive and long-running so…
Editor’s note: the author, Zhenyu Li, a contributing columnist for some of the world’s premier publications and editor-in-chief of the business channel at the People’s Daily Online, a publication of China’s Communist Party. BEIJING, China — For the…
Millions of people in the United States hunkered down Sunday in anticipation of brutal weather from a dangerous Arctic blast that forecasters warn could send temperatures plummeting to their coldest in 20 years. The northeast of the country and parts…
A private jet plane crashed on Sunday at Aspen-Pitkin County Airport, which serves the famous Colorado skiing resort, local and federal officials told AFP. Federal Aviation Administration spokesman Allen Kenitzer said an accident had taken place at…
US President Barack Obama ended his vacation in sunny Hawaii and boarded Air Force One for a flight back home to chilly Washington. Obama arrived in his native Hawaii on December 21 along with his wife Michelle and daughters Sasha, 12, and Malia, 15…
US stocks Friday closed out a holiday-shortened week mostly lower as outgoing Federal Reserve Chairman Ben Bernanke called for continued efforts to cement the economic recovery. The Dow Jones Industrial Average rose 28.64 (0.17 percent) to 16,469.99…
Americans rekindle their peculiar love affair with the post-Edwardian demise of English aristocracy on Sunday when season four of “Downton Abbey” premieres on US public television. The internationally-acclaimed period drama set in a grand old Yorkshire…
The United States vowed Friday that it remained committed to ending the violence in South Sudan, despite evacuating most of its remaining staff from the embassy in Juba. “Even as we draw down our personnel, we continue to be engaged in and strongly…
US actor James Avery, most famous as Uncle Phil in hit 1990s sitcom “The Fresh Prince of Bel-Air,” died on New Year’s Eve aged 68, his publicist said. With a deep baritone voice, Avery regularly played judges, professors or doctors in TV shows in the…
The US Justice Department on Friday asked the Supreme Court to throw out a challenge from a nuns’ group against a birth control mandate in the Obamacare health reform law. The Little Sisters of the Poor had asked the US high court to exempt it from…
Snow, high winds and a glacial chill hit the northeastern United States on Friday as a blast of brutal wintry weather bore down on many states and major cities, snarling air traffic. Temperatures in New York were expected to drop to 9 degrees Fahrenheit…
Marijuana users celebrated Wednesday as Colorado became the first US state to allow retail cannabis sales, putting it in the vanguard of efforts across the country to legalize the drug. The western state famous for its ski resorts and breathtaking mountain…
Utah appealed to the US Supreme Court on Tuesday to suspend a judge’s ruling allowing same-sex marriage in the western state, prosecutors said. Its attorney general’s office filed an emergency request to stay a decision by judge Robert J. Shelby of…
Struggling US computer giant Hewlett-Packard plans to slash 5,000 more jobs than previously announced because of a difficult business environment, a regulatory filing shows. HP will eliminate 34,000 positions by the end of its fiscal year next October…
The United States is still investigating last year’s attack on its diplomatic mission in Benghazi but has no evidence that “core Al-Qaeda” leaders directed the assault in which four Americans died, a US official said Monday. State Department spokeswoman…
The surge into social networks is gaining pace among Americans, with Facebook dominating but with many people using multiple platforms, a study showed Monday. A Pew Research Center survey found 73 percent of Americans over age 18 on the Internet use…