Wall St sinks as fear jumps on historic downgrade
2011-08-09 06:33:52
US stocks plunged on Monday, taking the S&P 500 down more than 6 percent on growing fears of a recession, exacerbated by the loss of its AAA credit rating.
Economy will send US arkets lower
2011-08-08 08:29:56
US investors will have their first chance Monday to react to Standard & Poor's decision to strip the US government of its top credit rating.
Talks try to calm nervous markets
2011-08-08 07:54:48
Global policymakers held an emergency conference call on Sunday to discuss the twin debt crises in Europe and the US that are causing market turmoil.
Time for US to take responsibility
2011-08-08 06:52:13
The White House on Saturday challenged the ruling by Standard & Poor's to downgrade US long - term credit rating form top rank of AAA to AA+
Geithner says he will stay at Treasury
2011-08-08 06:47:31
Timothy Geithner has told President Barack Obama that he will remain on the job as Treasury secretary, ending speculation he would leave the administration.
Afghan helicopter crash investigated
2011-08-08 06:39:44
30 US soldiers died in Friday night's crash, which came just two weeks after foreign troops began a security handover to Afghan security forces.
8 shot dead in Ohio over family argument
2011-08-08 06:22:25
Eight people were shot dead on Sunday in Copley Township, Ohio, US over a family argument, local media reported.
Afghan president: 31 Americans killed in crash
2011-08-06 17:50:45
It's the highest number of casualties recorded in a single incident in Afghanistan.
Wall Street's worst week since '08
2011-08-06 15:55:55
Stocks closed out their worst week in more than two years on Friday in a volatile session that saw the major indexes whip back and forth before the S&P 500 ended down less than a point.
S&P downgrades US credit rating
2011-08-06 10:56:31
The US lost its top-notch rating in an unprecedented reversal of fortune for the world's largest economy.
Firm may miss cleanup deadline
2011-08-06 08:22:30
ConocoPhillips may face penalties if it misses the deadline for cleaning up the leak in the Bohai Bay.
Biden to visit Beijing, Chengdu
2011-08-06 07:52:55
Biden will meet with Chinese leaders "to consult on a broad range of bilateral, regional, and global issues".