The United States has agreed to limit the number of its military personnel stationed in Pakistan. Pakistan called for the reduction after U.S. special forces killed al-Qaida leader Osama bin Laden in the Pakistani city of Abbottabad on May 2 without coordinating the attack with the Pakistani government. That raid, launched from Afghanistan, further strained […]
US Agrees to Limit Troops in Pakistan
First American Joins Russia’s Bolshoi Ballet
A U.S. ballet star born in South Dakota will become the first American to become a permanent member of Russia’s legendary Bolshoi Ballet in Moscow. David Hallberg, principal dancer for the American Ballet Theatre in New York, is reversing a trend that started 50 years ago when Rudolf Nureyev became the first Soviet ballet star […]
Credit Ratings Cut for 3 Key US Banks
The Moody’s financial services company has cut the credit ratings of three key American banks. Moody’s said Wednesday it cut the ratings for Bank of America, Wells Fargo and Citigroup because it thinks it is less likely than in the past that the U.S. government would bail them out if they got in financial trouble. […]
First American Joins Russia’s Bolshoi Ballet
A U.S. ballet star born in South Dakota will become the first American to become a permanent member of Russia’s legendary Bolshoi Ballet in Moscow. David Hallberg, principle dancer for the American Ballet Theatre in New York, is reversing a trend that started 50 years ago when Rudolf Nureyev became the first Soviet ballet star […]
US Central Bank Tries ‘Twist’ To Spark Economy
The U.S. central bank is hoping a so-called “twist” will help revive the country’s lagging economy by driving lending rates even lower. The Federal Reserve’s benchmark lending rate is already at an all-time low of zero to one-quarter of a percent, but the Fed said Wednesday it will sell short-term securities in its portfolio to […]
Lawyers Make Last-Ditch Effort to Save U.S. Death Row Inmate
U.S. death row inmate Troy Davis is hours away from his execution, as his legal team and worldwide supporters make a last-ditch effort to save his life. Davis’ legal team tried several measures Wednesday, including offering for the 42-year-old to take a polygraph test to prove his innocence. Prison officials turned them down. Supporters have […]
US Agrees to Limit Troops in Pakistan
The United States has agreed to limit the number of military personnel stationed in Pakistan. Pakistan called for the reduction after U.S. special forces killed al-Qaida chief Osama bin Laden in the Pakistani city of Abbottabad on May 2. That raid, launched from Afghanistan, further strained ties between the United States and Pakistan. This week, […]
Being Rich Pays Off for Wealthiest Americans
The stalled U.S. economy does not appear to be taking a toll on the richest Americans, who saw their combined wealth rise 12 percent over the past year. U.S. business magazine Forbes released its annual list of the 400 wealthiest Americans Wednesday, with Microsoft founder Bill Gates leading the way for the 18th straight year. […]
US Agrees to Limit Troops in Pakistan
The United States has agreed to limit the number of military personnel stationed in Pakistan. Pakistan called for the reduction after U.S. special forces killed al-Qaida chief Osama bin Laden in the Pakistani city of Abbottabad on May 2. The raid further strained ties between the United States and Pakistan. This week, U.S. officials, who […]
US Central Bank Mulls Action as Lawmakers Weigh In
Investors are waiting to see what action, if any, the U.S. central bank might take to spark the country’s struggling economy. The U.S. Federal Reserve concludes a two-day meeting Wednesday, with many economists predicting the bank’s policy board will move to further lower borrowing rates in an effort to spur growth. But leading Republican lawmakers […]