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…