Greek MPs vote in favour of unpopular austerity measures aimed at saving the country from defaulting on its debt, as violent protests continue outside parliament.
In a rare solo press conference, Obama dodged reporters' efforts to make him clarify his position on gay marriage. He supports civil unions but has said his position is 'evolving.'
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 - In a blunt challenge to Republicans in Congress, President Barack Obama insisted Wednesday that elimination of selected tax breaks for oil companies and the super-wealthy must be included in any deficit reduction plan.
AP - Greece approved more austerity measures needed to avert default next month, in a vote Wednesday that calmed markets but triggered a second day of riots that left dozens injured and the capital blanketed with tear gas.
AP - Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed.
A federal appeals court upheld the "individual mandate" of President Obama's health care plan. The provision requires most Americans to buy health insurance by 2014.