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Barack Obama is ready to revive the transatlantic relationship, but he expects Europe to pull its weight on Afghanistan and he would deepen Washington's engagement with other regions

The mortgage crisis, the limping economy and a recent bankruptcy filing by Vallejo the first municipality to do so since Desert ...

Q: What is your feeling about Citigroup stock (C)? Will it bounce back over the next five years?

This inflation bias comes in spite of the continuing troubles at Fannie Mae and Freddie Mac, extreme volatility in bank stocks and the recent dip in the price of oil

Shares in Texas Instruments fell nearly 13 per cent in extended trading after the second largest US chipmaker disappointed wall street with its second-quarter earnings

Shares of drugmakers Schering-Plough and Merck fell sharply following release of a study that showed that Vytorin, a jointly marketed cholesterol drug, failed to improve a rare heart condition

The fourth largest us bank plunged to an $8.9bn loss in its second quarter, cut its dividend for the second time in three months and slashed jobs, only shortly after replacing its chief executive

Wall street stocks rallied strongly as a sharp drop in oil prices boosted consumer-facing stocks while a plan to turn round Wachovia helped investors shrug off some disappointing earnings reports

US and British intelligence helped to trap Radovan Karadzic, the wartime leader of the Bosnian Serbs, in spite of his adoption of an elaborate disguise involving a huge beard, heavy glasses and a job as an alternative medicine practitioner

AP - Treasury Secretary Henry Paulson spent another day stumping for the U.S. banking system, declaring Tuesday that his top priority was ensuring "stability and confidence in our markets and financial institutions."