Officials at the United States Federal Reserve are unlikely to raise interest rates soon, the latest minutes from the bank's January meeting have revealed. Policymakers worried about lower-than-expected inflation as well as slow wage growth in the US economy, the world's largest.
Bitterly cold air from Siberia has brought dangerously frigid and likely record-setting temperatures to the eastern half of the US. Temperatures are 20 to 40 degrees F below normal for February from the Mid-Atlantic to the South.
An Australian fishing vessel that was stranded in Antarctic ice for a week with a damaged propeller is expected to make its way to New Zealand under its own power.The 63-metre Antarctic Chieftain longliner damaged its propeller after hitting an iceberg and was stranded about 1,500 kilometres north-east of McMurdo Sound with 26 people on board.
Venezuelan president Nicolas Maduro Thursday night went on the air and said the intelligence services had foiled a coup and arrested multiple people who were behind the attempt, which was backed by the United States.
United States employment rose solidly in January and wages rebounded strongly, a show of underlying strength in the economy. Nonfarm payrolls increased 257,000 last month, the Labor Department said on Friday.
Argentina will not tolerate any United States intervention in the investigation of prosecutor Alberto Nisman's death, and will consider any attempt as an interference in the country's domestic affairs and a violation of Argentine sovereignty.
The New England Patriots’ heart-stopping 28-24 victory over the Seattle Seahawks in the Super Bowl delivered the largest television audience in US history with an average of 114.4 million viewers, network NBC said on Monday.
Credit ratings firm Standard & Poor's will pay 1.5 billion dollars to resolve a series of lawsuits over its ratings on mortgage securities that soured in the run-up to the 2008 financial crisis, the company announced on Tuesday. The settlement comes after more than two years of litigation as S&P fought allegations it issued overly rosy ratings in order to win more business.
A record 56.4 million tourists visited New York last year, drawn by its diverse culture, low crime and dynamism, and generating 61.3 billion for America's largest city, officials said this week.
President Barack Obama's 2016 budget unveiled Monday sets priorities for the middle class and proposes major infrastructure improvements, to be paid for largely through increased contributions by the wealthy and corporate America.