US stocks are higher in afternoon trading with word that China may buy bonds to help Europe get a handle on its relentless debt problems. But Richard Asquith with the global accounting services firm TMF says if European leaders holding marathon negot
Afghanistan has signed an oil contract with China. The first such deal was explored the country's potential oil and gas reserves.NPR reports Afghanistan is hoping mineral and fuel resource can energize the country 's economy. China state-owned petrol
A decision is expected this afternoon from a New York judge who's ruling on whether the overnight evacuation of Occupy Wall Street protesters from Zuccotti Park was legal. Lawyers representing the protesters went to court in an effort to try and get
Greece's coalition government wins a vote of confidence today, but it's already facing divisions between the supporting parties. That would make it difficult to release money from Brussels Greece needs in order not to go bankrupt by Christmas. We hav
Contagion from the European debt crisis is far from contained as US banks are warned they are at serious risk, and bond yields rise everywhere in the eurozone except Germany. Teri Schultz also reports from Brussels that financial authorities are now
From NPR News in Washington, Im Lakshmi Singh. A majority of lawmakers in the GOP-led house supports of balanced budget amendment to the Constitution but not by enough to pass the proposal. The measure aimed at forcing Congress to balance its budget
From NPR News in Washington, Im Louise Schiavone. Egyptian police fired tear gas and rubber bullets at the protestors in Cairos Tahrir Square this weekend. Clashes began when authorities stormed the tent encampment. In the chaos that followed at leas
People in Tunisia voted today in their first open and democratic election since overthrowing their dictator in January. Eleanor Beardsley reports analysts say there was a huge turnout. As the day wore on, lines at polling stations seemed to grow long
World stocks hit their highest level in seven weeks with the investors buoyed by news that European leaders may be closer to resolving their region's credit crunch. News of a series of acquisitions end by strong earnings posted by US companies. Cater
Turkish television is reporting a prison riot as a result of today's strong aftershock in the eastern city of Van. Authorities say inmates of the facility that can incarcerate as many as 1,000 people apparently panic. They set bedding on fire in an a
For the first time in 46 years, Penn State is playing football without Joe Paterno coaching from the sidelines. The sex abuse scandal involving former assistant coach Jerry Sandusky cost Paterno his job. At the start of today's game against Nebraska,
The eurozone's debt-fighting pact to bail out Greece and shore up the continent's banks is behind today's big advances in financial markets worldwide. On Wall Street, all the major US stock indexes have risen, ranging from 3% and 3.5% in afternoon tr
From NPR News in Washington, Im Lakshmi Singh. While US stocks trading lower and investors focusing more on the US economy that the European debt crisis deal reached earlier this week. At last check the Dow was down 8 points at 12,201; NASDAQs off ab
Americans are apparently feeling better about the economy. The conference aboard of consumer confidence index shut off 25 points in the last 3 months. Its still not near the level of economies considering sign of economic health. But Daniel Carson re
As Arab League observer group arrived in Syria today as government continued violence crackdown against disinter. Activists say 13 people were killed in Homs today.BBC Jim Muir reports video shows dispel in the rage residents pleading for the world t
The payroll tax cut is now extended for 2 month.Congress approved it eariler today and President Obama has signed it into law.As NPR's Brain N~ reports some 160000 Americans will continue getting a break on their taxes.And unemployment benefits will
Amid continue turmoil, the President of Yemen Ali Abdullah Saleh says he will travel to the United States. He wouldn't say when but speaking to reporters. He said he didn't expect to stay in power and will leave to give his country time to set up int
In Nigeria today, mourning and terror as a series of bombs exploded in five different cities. At least 25 people were killed in an explosion during Christmas mass at a Roman Catholic church outside the Nigerian capital Abuja. In the central city of J
A long-anticipated legal battle over the country's health care law is now slated to unfold before the nation's highest court. The US Supreme Court decides next year whether Congress acted within its constitutional authority in passing a law that requ
Wall Street's three-day winning streak ends with stocks down before the close. Investors just cannot shake their worries about Europe's stability to contain its debt crisis and the feature of the US economy is also a concern before whereas the market