The US Treasury announced Friday that it would not implement the Basel III rules for strengthening banks on January 1, saying the banks were not yet ready to meet the tougher capital standards.
Despite their funding deluge from wealthy donors, Republicans failed to overwhelm President Barack Obama and Democrats at the ballot box. So was throwing all that money at the 2012 election worth it?
US President Barack Obama on Friday claimed a mandate to raise taxes on the rich to pay for deficit reductions, firing his first post-election shot in a year-end budget showdown with Republicans.
The Rolling Stones on Monday release a greatest hits album titled "Grrr!" featuring two new tracks recorded over the summer in Paris, as fans count down to a string of 50th-anniversary concerts.
The Pentagon revealed Thursday that two Iranian fighter jets fired on an unarmed US Predator drone in the Gulf last week but the aircraft was not hit, in an incident that underscored tensions in the region.
Dermot Bolger was commissioned in 1993 by a US museum that holds the original manuscript of James Joyce's famed novel -- which chronicles a day in the life of a Dublin man -- to adapt the book for the stage.
The flamboyant Australian mining magnate behind the building of the Titanic II said Friday a New York gala to unveil plans for the vessel would be delayed out of respect for the victims of super storm Sandy.
US House Speaker John Boehner expressed confidence Thursday that he and his Republicans can work with President Barack Obama to hammer out a comprehensive deal on immigration.
An erotically charged Picasso oil painting of his mistress alongside tulips and fruit sold Thursday for $41.5 million on an otherwise anemic night for high-end art in New York.
In the most candid and emotional scene ever captured of Barack Obama on camera, the normally composed US president teared up as he told young campaign workers of his pride in them.
The man behind the anti-Islam video blamed for sparking deadly protests in the Muslim world was jailed in the US for a year Wednesday for breaching the terms of his probation for a previous offense.
An Argentine judge froze Chevron's local assets Wednesday at the request of a court in Ecuador where the US oil giant has been ordered to pay $19 billion in environmental damages.
Republicans offered newly re-elected President Barack Obama a short-term fix to the fiscal cliff Wednesday, but insisted they would not cave in to tax increases to boost revenues.
Researchers said Thursday they had discovered a genetic mutation in people with autism that cuts communication between brain cells to about one-tenth of normal levels.