Paul Tibbets, the pilot of the U.S. bomber that dropped the first atomic bomb on Japan on August 6, 1945, died on Thursday at age 92, a newspaper reported.
The United States Federal Reserve by a clear majority voted on Wednesday to cut US interest rates 25 basis points from 4.75% to 4.5%. The widely expected decision was taken to help revive the country's faltering housing and credit markets.
US President George W Bush has declared California a major disaster zone after four days of wildfires sparked the biggest evacuation since Hurricane Katrina. The fires have killed five people, injured 40 and burned 1.500 homes, causing an estimated one billion US dollars in damage.
United States stocks tumbled lower Friday (anniversary of 19 October 1987 Black Monday) closing a disastrous week sparked by poor bank and company earnings reports plus growing concerns about the state of the economy.
Computer giant Microsoft is getting into the telephone business. Chairman Bill Gates was in San Francisco for the official launch of software linking a person's phone, computer and other communications devices.
The United States House of Representatives approved Wednesday a new four-year ban on state or local taxation of Internet over the objections of both Republicans and Democrats seeking a permanent ban. The current three-year ban on access taxes expires on November first.
Three of United States largest banks have announced a plan to buy up billions of dollars of troubled investments that lost value in the global credit crunch. The unusual move aims to boost confidence in the market for short-term and sub-prime debt, preventing a further sell-off of such investments.
The United States Department of the Interior's Minerals Management Service recent central Gulf of Mexico lease sale received 1,428 bids on 723 tracts, attracting 2.9 billion US dollars in high bids – the second highest total in U.S. leasing history.
The gap between United States richest and poorest is at its widest in 25 years with the wealthiest taking home a record share of the nation's income that exceeds even the previous high in 2000, according to recent data from the Internal Revenue Service, IRS.
United States President George Bush on Saturday urged Congress to pass trade pacts with Peru, Colombia and Panama, and promised to strengthen job re-training programs and other measures to help workers displaced as a result of trade-related job losses.