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UPSFedex-122414.jpg Seeking to avoid the issues arising from undelivered packages ahead of Christmas, package delivery giants UPS and FedEx have in recent days limited air express deliveries, the Wall Street Journal said on Wednesday.

Obama-Cuba-122414.jpg Despite fierce opposition from some Republican lawmakers, the results of a CNN/ORC poll show that most Americans support President Barack Obama's plan to begin normalizing relations with Cuba. The poll found that 63 percent of Americans favor re-establishing diplomatic relations with Cuba, while just 33 percent are opposed.

georgewbush-122414.jpg Former President George H.W. Bush was hospitalized Tuesday night after experiencing shortness of breath, a statement from his office revealed. Bush, the oldest-living former president, was taken by ambulance to Houston Methodist Hospital and is being held for observation.

JoblessClaims-122414.jpg First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended December 20th, according to a report released by the Labor Department on Wednesday. The report said initial jobless claims fell to 280,000, a decrease of 9,000 from the previous week's unrevised level of 289,000.

U.S. and partner nation military forces carried out seven airstrikes targeting Islamic State of Iraq and the Levant terrorists in Syria Tuesday using fighter and bomber aircraft. Six airstrikes near Kobani destroyed seven ISIL fighting positions, a building and struck several fighting positions,...

City Hall in Chicago, home to the nation's largest red light camera program, is under scrutiny after a scientific study demonstrated that the cameras do not reduce injury related crashes. In fact, says the report, following the installation of the cameras, there has been a 22% increase in rear-end...

MichaelGrimm-122414.jpg Congressman Michael Grimm, R-N.Y., pleaded guilty to one felony count of tax evasion in federal court on Tuesday, leading to calls for his resignation. Grimm faced a 20-count indictment for alleged misconduct related to a Manhattan health food restaurant he co-owned before being elected to Congress.

Sony-Interview-121814.jpg President Barack Obama said it was a "mistake" for Sony Pictures Entertainment to cancel the release of "The Interview" amid threats from hackers, and the results of a new CNN/ORC poll suggest that most Americans agree.

PersonalIncome-122314.jpg While the Commerce Department released a report on Tuesday showing that U.S. personal income rose by slightly less than expected in the month of November, the report also showed that U.S. personal spending increased by slightly more than expected.

NewHomeSales-122314.jpg Sales of new single-family houses in the U.S. unexpectedly decreased in the month of November, according to a report released by the Commerce Department on Tuesday. The report said new home sales tumbled 1.6 percent to a seasonally adjusted annual rate of 438,000 in November.

CONSUMER-RETAIL_23Dec14.jpg Consumer sentiment in the U.S. improved by slightly less than previously estimated in the month of December, according to a report released by Thomson Reuters and the University of Michigan on Tuesday.

DurableGoodsOrders-122314.jpg New orders for U.S. manufactured durable goods unexpectedly decreased in the month of November, according to a report released by the Commerce Department on Tuesday. The report said durable goods orders fell by 0.7 percent in November compared to the 0.3 increase that was reported for October.

As non-aligned status is preventing Ukraine to join military alliances, Tuesday it's parliament voted to drop the status. The country is planning to seek NATO membership. 303 members of the parliament supported the vote while only eight opposed. The vote will help Ukraine to align with European and Western...

GDP-122314.jpg Reflecting notably stronger consumer spending growth, the Commerce Department released a report on Tuesday showing that U.S. gross domestic product increased by much more than previously estimated in the third quarter. The Commerce Department said its final reading on third quarter GDP showed a 5.0 percent increase.

Australian Prime Minister Tony Abbot Tuesday said terror threat remains high and an attack is likely at this level. Speaking to reporters in Sydney, he warned about enhanced level of "terror chatter." Abbot, after attending the National Security Committee of cabinet, noted that there are people with...