IMF lowers world growth to 4% in 2011

2011-09-20 22:50:07

The IMF said that global economy will grow at a slower pace of 4.0 percent this year, a 0.3-percentage point lower than its projection in June.

Bolivia asks bloc to condemn US on drugs

2011-09-20 06:39:10

Bolivian President Evo Morales said Monday that a regional South American bloc should "decertify" the US in its counternarcotics efforts

Obama offers $3 trillion debt plan, tax hikes on rich

2011-09-20 06:23:04

Republicans rejected it as a political stunt and made clear the proposal has little chance of becoming law.

Obama to propose $3 trillion in deficit cuts

2011-09-19 11:14:34

President Barack Obama will release a plan on Monday calling for more than $3 trillion in deficit cuts over 10 years

World eating champ defends title at Ohio contest

2011-09-19 09:40:17

The top-ranked competitive eater in the world and reigning king of the World Bratwurst Eating Championship has defended his title in Cincinnati.

Protesters blocked in bid to 'occupy' Wall Street

2011-09-19 08:07:32

Hundreds of people marched on Saturday near Wall Street in New York in a failed attempt to occupy the heart of global finance to protest greed, corruption and budget cuts.

US to propose Buffett Tax on millionaires

2011-09-19 08:07:32

Obama has separately urged the supercommittee to consider $467 billion in tax increases on top of that goal to pay for a jobs bill he unveiled earlier this month.

Top Obama adviser calls for less regulation

2011-09-19 07:58:44

The United States government must reduce business regulation to spur job growth, said Jeffrey Immelt.

6-year-old in Minnesota finds parents

2011-09-18 15:25:35

A 6-year-old girl came home from school and discovered her parents and live-in baby sitter dead in what police said was a double murder-suicide in the Twin Cities suburb of Oakdale.

US to propose Buffett Tax on millionaires

2011-09-18 10:27:53

US President Barack Obama, in a populist step to appeal to voters, will propose a "Buffett Tax" on people making over $1 million a year.

Nevada air crash kills 9

2011-09-18 08:52:54

The death toll in the crash of a vintage World War Two fighter plane near the grandstand at a Nevada air race has risen to nine.

GM-UAW agree on new contract

2011-09-17 13:12:12

GE and the United Auto Workers union reached a contract for 49,000 production workers that both sides said would create new US factory jobs.