2009 | featured news

U.S. home loans failed at a record pace in July despite ongoing federal and state programs to avoid foreclosures, which have severely strained housing and the economy.

Retail sales unexpectedly fell 0.1% in July despite the debut of the government's "cash for clunkers" program. Separately, weekly jobless claims rose a bit.

Disappointing performance underscores concerns about the timing and durability of a recovery.

If it wasn't bad enough that Facebook bought FriendFeed on Monday and turned on real-time search to better compete against Twitter in the Stream Wars, and is playing around with a lite version that resembles Twitter even more, now Twitter really has something to worry about. Facebook is growing faster than Twitter in the U.S., even though it is more than four times larger.

Jay Z, Rihanna, and Kanye West are slated to perform “Run This Town,” from the hotly anticipated The Blueprint 3, to be released Sept. 11. With the song choice, I have to wonder...is Leno trying to send a message to Conan?

Even as the July numbers came in better than expected, the job market remains shaky in the months ahead.

Mall-based chains continue to be hit hardest as consumers focus on necessities, but the warehouse club operator Costco’s results also missed analyst estimates.

A verdict expected Friday in the subversion trial of Myanmar opposition leader Aung San Suu Kyi has been delayed until August 11, said a diplomatic source attending the proceedings.

A court in Myanmar will deliver its verdict in the trial of opposition leader Aung San Suu Kyi on July 31, a spokesman for her party said today. Suu Kyi's lawyers received the date from the judge presiding over ...

Michael Vick, sidelined from pro football for two years in the wake of a dogfighting scandal, has received a conditional reinstatement from the NFL, clearing the way for him to return this season.