NEW YORK – Consumer confidence rose in June and existing home sales fell less than expected in May, providing signs that the economy remains resilient and that the Federal Reserve may need to tighten credit policy more. Click here to visit FOXBusiness.com’s Economy Center. A widely watched barometer of consumer …
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SOWETO, South Africa – President Thabo Mbeki led hundreds of South Africans through the streets of this black township on Friday, retracing the steps of student protesters who galvanized the anti-apartheid struggle 30 years ago. The marchers paused at 9 a.m. for a moment of silence to remember Hector Pieterson, …
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TOKYO – Japan and the United States signed an agreement Friday to expand their cooperation on a joint ballistic missile defense shield, the Japanese Foreign Ministry announced. The pact, signed by Foreign Minister Taro Aso and U.S. Ambassador Thomas Schieffer, commits them to joint production of missiles to intercept incoming …
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JERUSALEM – A dispute over the fate of an ancient Muslim cemetery in Jerusalem threatened Wednesday to ignite tensions in Holy City as workers removed skeletons from the site despite Muslim pleas for the work to end. Israeli developers and archaeologists are removing the tombs to make room for the …
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TORINO, Italy – Michelle Kwan might be out of the Olympics before she ever starts. Kwan cut short her first practice because of a sore groin Saturday and left open the possibility of withdrawing from the Winter Games if she’s not 100 percent healthy. The five-time world champion stopped short …
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Watch “The Big Story Weekend” Saturday and Sunday at 5 p.m. ET! Saturday, January 28 Hamas is at the helm and the Palestinian election victory has set the rest of the world on edge. Are we standing in the face of a Middle East meltdown now that Israel has ruled …
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NEW YORK – A federal judge has tossed out a civil rights lawsuit filed by a Syrian-born Canadian man who claimed U.S. counterterrorism officials deported him so he could be tortured in Syria. Maher Arar had sued the officials in 2004 in what was believed to be the first case …
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WASHINGTON – Ben Bernanke was sworn in Wednesday to be the 14th chairman of the Federal Reserve, completing an historic changing of the guard at the central bank. Bernanke’s first major piece of business is likely to decide what to do next with interest rates. Many economists are betting that …
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SALT LAKE CITY – A soldier wounded in Afghanistan and the widow of his slain comrade were awarded a $102.6 million judgment from the estate of a suspected Al Qaeda financier. U.S. District Judge Paul Cassell said the lawsuit may be the first filed by an American soldier against terrorists …
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HOUSTON – A woman slipped through a security checkpoint at Houston’s Bush Intercontinental Airport today — causing a security scare. Authorities later learned the woman apparently was trying to find a bathroom. Officials closed the terminal, then re-screened all the passengers. Authorities recognized the woman in the airport as the …
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