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US economy back on track with strong second-quarter rebound

The U. S. economy rebounded sharply in the second quarter as consumers stepped up spending and businesses restocked, putting it on course to close out the...

US resupplies Israel with munitions as Gaza offensive rages

The United States has allowed Israel, waging an offensive in the Gaza Strip, to tap a local U. S. arms stockpile in the past week to resupply it with...

Argentina in default as 'vulture fund' talks drag on

Debt rating agency Standard and Poor's declared Argentina in "selective default" on Wednesday, as Buenos Aires remained locked in...

Israeli strikes hit UN school, Gaza shopping area

Savage fighting between Israel and Hamas is escalating in Gaza as the conflict enters its fourth week. A U. N. aid agency spokesman says Israeli tank...

Bank of America ordered to pay $1.27b for 'Hustle' fraud

A federal judge on Wednesday ordered Bank of America Corp to pay a $1.27 billion (£750.75 million) penalty for fraud over shoddy mortgages sold by...

Ebola fears grow with Europe and Asia on alert

Fears that the west African Ebola outbreak could spread to other continents grew on Wednesday with European and Asian countries on alert and a leading...

US House passes $17b veterans healthcare bill

The U. S. House of Representatives overwhelmingly approved a $17 billion plan to ease long healthcare delays at the scandal‑plagued Veterans Affairs...

Liberia shuts schools in battle against Ebola

Liberia announced Wednesday it was shutting all schools and placing "non‑essential" government workers on 30 days' leave in a bid to...

US Peace Corps says two volunteers exposed to Ebola, isolated

Two US Peace Corps volunteers have been isolated and under observation after being exposed to a person...