A United States appeals court on Friday denied bail to Wall Street fraud convict Bernard Madoff, as prosecutors highlighted public outrage.
United States President Barack Obama on Friday launched a historic direct appeal to the Iranian people, urging an end to decades of animosity.
The former and much missed (by comedians) president of the United States, George Bush, is to receive a rumoured $7-m advance for his autobiography.
Barack Obama is deploying every weapon in the presidential armoury to bolster his economic rescue strategy.
James Purdy, who has died aged 94, wrote outlandish, idiosyncratic novels that did not sell in large quantities but survive, sometimes in print.
Edward M Liddy, chairperson and CEO of AIG, has become the reluctant defender of princely employee bonuses that Congress finds indefensible.
Ron Barnard is throwing in the towel. Like a number of homeowners who owe more on mortgages than their homes are worth, he’s ready to walk away.
Rafael Nadal and Novak Djokovic stayed on course for a semifinal showdown with third-round triumphs in the Indian Wells Masters series on Tuesday.
Dillon Davie looks into <i>The Snowball: Warren Buffett and the Business of Life</i> by Alice Schroeder.
The EU questioned the Obama administration about Guantánamo on Monday, as member states weigh whether to accept a US request to take detainees.
Court documents released on Friday show that Bernard Madoff and his wife Ruth lived a life of high luxury, with assets worth $823-million.
United States President Barack Obama signs a new permanent law that makes it almost impossible for the country to sell cluster bombs.
Bernard Madoff pleaded guilty on Thursday to charges he orchestrated the biggest swindle in Wall Street history, cheating investors out of billions.
Just ahead of a major global economic summit, Barack Obama is calling for allies to develop more aggressive steps to jump-start their own economies.
Eleven people, including the suspected gunman and his mother, were killed in a shooting spree and car chase in southern Alabama on Tuesday.
Citigroup was profitable in the first two months of 2009 and is confident about its capital strength, chief executive Vikram Pandit said.
Bernard Madoff, expected to plead guilty this week to charges of running Wall Street’s biggest fraud, will appear in court on Tuesday.
The conservatives who now dominate the party of the American right may come to rue losing their moderate wing.
Roe Wilson sounds at peace with the fact that she has handled or supervised 91 executions in the 20 years she has overseen capital case appeals.
Barack Obama, who opposes limits on federal funding of stem cell research, will sign an order related to the issue on Monday, an official said.
Merrill Lynch has discovered an ”irregularity” in its London trading positions amid reports that a trader had been suspended over a -million loss.
The US late on Friday launched a space telescope whose three-year mission is to find Earth-like planets in the Milky Way galaxy.
General Motors (GM) on Thursday warned it would go bust within 30 days unless the US Treasury swiftly gives it a further multibillion-dollar loan.
The Bacon Explosion is one of the most popular recipes on the web. So what is the appeal of this artery-clogging invention? Kira Cochrane reports.
Barack Obama on Wednesday will order a crackdown on waste and cost overruns in government procurement that could save up to -billion a year.
United States Federal Reserve chairperson Ben Bernanke on Tuesday defended the government’s latest bailout of embattled insurer AIG.
Dakar Rally organisers remain optimistic amid a global economic downturn that has raised doubts about competitor turnout in 2010.
American International Group lost -billion in just 92 days. That’s nearly 000 a minute. And it’s more money than Bill Gates’s net worth.
The American stimulus package includes a great global experiment — to see whether such unprecedented spending can also tackle climate change.
Wall Street headed for a big drop on Monday, one that could hurl the Dow Jones industrials below 7 000, after AIG posted a ,7-billion loss.
Insurer AIG is set to report a -billion fourth-quarter loss and take a -billion lifeline from the United States government.
Film critics rarely question the corporate control exhibited in movies such as <i>Munich</i>, which endorse Israeli policy.