The world economy will slow sharply this year and next, with the United States likely sliding into recession reflecting mounting damage from the most dangerous financial jolt in more than a half-century.
The world's oldest man celebrated his 113th birthday on Thursday, telling reporters at his home in southern Japan about his joyful life and healthy appetite.
AIG was hit by a wave of downgrades by credit-rating agencies worried that the deteriorating housing market is further undermining the company's battered finances.
Men with elevated levels of calcium in their blood may have a much higher risk of getting fatal prostate cancer, U.S. researchers said on Wednesday.
General Motors Corp. is recalling 857,735 vehicles equipped with heated windshield wiper fluid system for a potential short circuit problem.
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