Football's governing body Fifa suspends Jack Warner and Mohamed Bin Hammam over bribery allegations, but no action will be taken against president Sepp Blatter.
Usually more growth begets more inflation. But ironically, fiscal austerity and higher taxes are boosting inflation in Greece, Portugal, Spain, and Italy.
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 - Face to face with the legions of homeless and the bereaved, President Barack Obama on Sunday toured the apocalyptic landscape left by Missouri's killer tornado, consoled the community and committed the government to helping rebuild shattered lives.
AP - Protesters throwing stones and bottles clashed with baton-wielding riot police Sunday in Belgrade after several thousand Serbian nationalist supporters of jailed war-crimes suspect Ratko Mladic rallied outside the parliament building to demand his release.
Saudi Prince Al-Waleed bin Talal said he wants oil prices to drop so that the U.S. and Europe don't accelerate efforts to wean themselves off his country's supply.
President Obama visited Joplin, Missouri, as the town marked a week since a tornado killed more people than any other in the U.S. since record-keeping began in 1950.
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