WASHINGTON – Consumer prices shot up in June by the largest amount in 11 months, reflecting the biggest jump in gasoline prices in nearly five years. Full Story »
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WASHINGTON – Consumer prices shot up in June by the largest amount in 11 months, reflecting the biggest jump in gasoline prices in nearly five years. Full Story »
BEVERLY HILLS, Calif. - A county coroner's official visited the office of Michael Jackson's dermatologist on Tuesday to follow up on a subpoena seeking additional medical records. Full Story »
JERUSALEM - More than two dozen Israeli soldiers who fought in the Gaza war say the military forced Palestinians to serve as human shields and used reckless firepower that caused needless deaths, according to a report released Wednesday. Full Story »
MADRID - Spanish newspapers say a woman who was believed to have become the world's oldest new mother when she gave birth to twins at age 66 has died. She was 69. Full Story »
ST. LOUIS - Carl Crawford's glove and one of the great bullpens in All-Star history helped save the American League's streak. Crawford pulled back a home run with a leaping grab an inning before Curtis Granderson tripled and scored the tiebreaking run in the eighth, giving the AL a 4-3 victory Tuesday night at the new Busch Stadium. Full Story »
TEHRAN (Reuters) - A Tupolev passenger aircraft crashed in northwestern Iran on Wednesday on its way to neighboring Armenia and all 168 people on board were killed, Iranian media reported. Full Story »
WASHINGTON (Reuters) - Higher costs for oil and gasoline likely pushed U.S. consumer prices up in June by the most for any single month since oil prices peaked last summer, according to a poll of economists. Full Story »
WASHINGTON (Reuters) - President Barack Obama's Supreme Court nominee Sonia Sotomayor fended off Republican attacks on Tuesday, saying "diversity on the bench is good for America" and promising rulings based on law, not racial bias. Full Story »
WASHINGTON (Reuters) - U.S. President Barack Obama's plans to overhaul the $2.5 trillion healthcare industry got a boost on Tuesday as Democrats in the House of Representatives offered sweeping legislation and predicted passage on schedule by August. Full Story »
WELLINGTON/SYDNEY (Reuters) - New Zealand and Australia canceled tsunami warnings on Wednesday after an earthquake struck the south of New Zealand, causing minor damage but no injuries. Full Story »
BERLIN (Reuters) - Germany's BND foreign intelligence agency believes Iran is capable of producing and testing an atomic bomb within six months, much sooner than most analysts estimate, according to a report in German weekly Stern. Full Story »
DETROIT (Reuters) - Former General Motors Corp Chairman and Chief Executive Rick Wagoner, ousted in March by the Obama administration, will retire in August with a package worth $8.6 million in the first five years, the company said on Tuesday. Full Story »
NEW YORK (Reuters) - U.S. officials are weighing a plan to let borrowers who have fallen behind on mortgage payments avoid eviction by renting their home instead, sources familiar with the administration's thinking said on Tuesday. Full Story »
TEHRAN (AFP) - An Iranian airliner en route to neighbouring Armenia crashed into farmland northwest of Tehran on Wednesday, and all 168 people on board are feared dead, officials and local media reported. Full Story »
ST. LOUIS – Carl Crawford's glove and one of the great bullpens in All-Star history helped save the American League's streak. Crawford pulled back a home run with a leaping grab an inning before Curtis Granderson tripled and scored the tiebreaking run in the eighth, giving the AL a 4-3 victory Tuesday night at the new Busch Stadium. Full Story »
KANSAS CITY (Reuters) - The Kansas City Chiefs have signed new quarterback Matt Cassel to a multi-year contract extension, the team said on Tuesday. Full Story »
HOUSTON (Reuters) - The Houston Rockets, searching for a big man to fill in for injured center Yao Ming, have acquired the rights to Australian David Andersen, the NBA team said on Tuesday. Full Story »
LOS ANGELES - Mannywood is back. So is its tenant. Full Story »
CAPE TOWN (AFP) - Workers at South Africa's World Cup stadiums ended a strike on Wednesday as bosses agreed to 12 percent pay rises, allowing FIFA to breathe a sigh of relief less than a year before the event. Full Story »
RIO DE JANEIRO - The Brazilian wife of Arturo Gatti asked to be released from jail, where she is held on accusations she strangled the former boxing champion with her purse strap as he drunkenly slept. Full Story »
FRANKFORT, Ky. - The University of Kentucky says it needs lawyers who can practice in Texas in its fight with former basketball coach Billy Gillispie, and a legislative panel has agreed to spend up to $100,000 to help with the bill. Full Story »
MADRID (AFP) - Rafael Nadal, who has lost his French Open and Wimbledon titles, as well as his world number one spot, in a summer of injury misery, said Tuesday he plans to return at the Montreal Masters in August. Full Story »
TURNBERRY, Scotland - Ryo Ishikawa has seen so much in such a short time. Full Story »
KOBE, Japan - WBC bantamweight champion Hozumi Hasegawa of Japan has kept his title by stopping Nestor Rocha of the United States in the first round. Full Story »
LONDON - Max Mosley has resisted pressure to stand again as FIA president and will back Frenchman Jean Todt to succeed him after 16 years in charge of world motorsport. Full Story »
Nicole Bobek's face was splashed across newspapers and TV screens from London to Los Angeles, the figure skater's latest doings making her tabloid fodder once again. Full Story »
WASHINGTON – Consumer prices shot up in June by the largest amount in 11 months, reflecting the biggest jump in gasoline prices in nearly five years. Full Story »
ABU DHABI, United Arab Emirates - U.S. Treasury Secretary Timothy Geithner, looking to win backing from oil-rich Gulf Arab nations, said Wednesday that Washington wants to work with its allies to build a stronger financial foundation for the world as it emerges from its worst recession in decades. Full Story »
NEW YORK (Reuters) - Abbott Laboratories Inc's second-quarter earnings fell 2.6 percent, with generic competition for its Depakote anti-seizure drug overshadowing strong sales of its Humira arthritis drug and its Xience heart stent. Full Story »
MOSCOW (AFP) - Russia on Tuesday shrugged off a key EU gas pipeline deal with Turkey, branding it economically unsound and driven by overblown fears of dependence on Russian gas, Interfax news agency reported. Full Story »
WASHINGTON (Reuters) - The head of a key U.S. congressional panel will introduce legislation on Wednesday calling for ending a college student loan program that for years helped lenders such as Sallie Mae thrive. Full Story »
RICHMOND, Va. - Automotive retailer CarMax Inc. said Tuesday that it has completed a private placement of $490 million of notes. Full Story »
NEW YORK (Reuters) - U.S. officials are weighing a plan to let borrowers who have fallen behind on mortgage payments avoid eviction by renting their home instead, sources familiar with the administration's thinking said on Tuesday. Full Story »
LONDON (AFP) - Oil prices rose on Wednesday as the market awaited the latest weekly snapshot of energy inventories in the United States, the world's biggest energy consumer. Full Story »
(Reuters) - Former Republican Congressman Michael Huffington has filed a lawsuit against Carlyle Group alleging the private-equity firm misrepresented the safety of Carlyle Capital Corp, the publicly traded mortgage-securities fund that collapsed last spring, the Wall Street Journal reported. Full Story »
The rising popularity of federally insured reverse mortgages attracted 1,500 new lenders into the program last year, more than doubling the total of participating lenders. And while reports of consumer abuse and fraud are infrequent, legislators and regulators are calling for strengthened oversight to protect seniors from aggressive or outright unscrupulous lenders. Full Story »
Never mind landing the job. Now people on the lookout for employment have another cause for worry: identity theft. As the joblessness rate soars, scammers are ginning up fake Web sites or posing as recruiters to trick job seekers into giving up sensitive personal information. Full Story »