Middle incomes face the biggest drop since the 1970s - and children in poverty in the UK will increase by 600,000, says the Institute for Fiscal Studies.
Up to 10 times more oil than originally estimated is now thought to be leaking from a cargo ship stranded on a reef off the New Zealand coast, officials say.
Half of all detainees in the custody of the Afghanistan intelligence service have been tortured, a year-long UN investigation found, raising questions about the readiness of local forces to take over from NATO.
As politicians and the media scramble to identify 'Occupy Wall Street' leaders, members of the protest movement are not playing along. But do they really need any? There are pros and cons to leaderless movements.
The secrecy around Mayor Michael R. Bloomberg’s selection of Cathleen P. Black to run the city’s schools highlighted his faith in business leaders and dislike of public debate.
Starting Thursday, Wal-Mart plans to offer free shipping on its Web site, a move that may create an expectation among consumers and a threat to smaller retailers.
AP - Egypt's ruling military on Monday condemned a surge in deadly violence as an attempt to undermine the state, and warned it will act to safeguard the peace following a night of clashes that drew in Christians, Muslims and security forces.
AP - Just last week, a bear market seemed inevitable. Since then stocks have surged four out of the past five days, bringing the S&P 500 index up 8.7 percent.
AP - When one of Texas Gov. Rick Perry's supporters publicly denounced the faith of Mitt Romney and Jon Huntsman as a non-Christian cult, he was just the latest in a long line of people who have damned Mormonism.
Amanda Knox, freed after four years in an Italian prison for a murder she has steadfastly denied committing, arrived at Seattle-Tacoma International Airport this evening and told cheering friends and supporters she was "overwhelmed" to be home.
The first two weeks of the NBA's regular season have been canceled as basketball players and management have yet to reach a deal on a new labor agreement, according to NBA.com.
Days after a Yemen human rights activist became the first Arab woman to win a Nobel Peace Prize, witnesses say women marching in her honor were attacked.
Fourteen civilians and 17 members of the army and security forces were killed in numerous Syrian cities, according to the Syrian Observatory for Human Rights.