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China Panic: Overnight Rate Hits 25%

The overnight repo rate in China has just hit 25%, an indication the credit market is now frozen.

This month, liquidity tightened considerably.  Two government bill auctions failed, and several banks defaulted on their interbank obligations.

Stars Rescue Chicago Blackhawks' Stanley Cup Dreams in Wild OT Game

The Chicago Blackhawks were desperate to climb back into the Stanley Cup Final. If only they could scratch out a goal or two against Tuukka Rask, they would have a chance to go back to Chicago with the series tied 2-2.

That was the theory before the start of Game 4.

CWS 2013: Most Intriguing Potential Matchups for Remaining Games

Just five teams are still in contention for the 2013 College World Series after Wednesday night's game between Indiana and Oregon State, in which the Beavers moved on to the tune of a 1-0 victory in the elimination showdown.

Liverpool Transfer News: Reds' Willingness to Spend Big Is Bold EPL Statement

Liverpool's bold strategic approach to the summer transfer is a strong stand by the club, and a big statement to the rest of the English Premier League if management follows through on the prospective roster revamp.

According to a report by Goal.

James Gandolfini: master Soprano, dies of suspected heart attack in Italy

Heart attack suspected in death of much-loved actor who starred as gangster family head in The Sopranos
James Gandolfini's life and career - in pictures

The actor James Gandolfini, who played mafia boss Tony Soprano on the hit TV series The Sopranos, has died of a suspected heart atta

Germany's Spies Have NSA Envy: Currently Working To Build Their Own Comprehensive Snooping System

One unfortunate knock-on effect of the revelations about the extent of NSA information gathering seems to be that the spies in other countries are starting to feel under-informed by comparison.

Join Us Live From Facebook's Mysterious 'New Product' Event

A small group of Facebook employees have been working on “something big,” which the social network is set to unveil on Thursday.


The press event for Facebook's "new product" will take place at its headquarters in Menlo Park, Calif.

'Man of Steel' Reviews: This Looks Like a Job for … Twitter!

With Man of Steel in theaters and doing monumental box office numbers, the film has quickly become the hottest commodity of the summer.


Reviews for the film have been generally positive, but there's also been plenty of criticism.

Lolo Jones Vine Provokes Bobsledder Backlash

Hurdler Lolo Jones' athletic talent, good looks and sassy social-media posts catapulted her to Internet fame before and during the 2012 Summer Olympics


But Jones landed in hot water this week for a post she made about the financial rewards — or lack thereof — of her lastest

Paula Deen admits to using the n-word, but only for "bad" blackpeople

I've always loathed her. Now you can too, based on what the press has dug up in a court deposition just now made public.

I grew up in the South, and I know all about "not racist" white people who use that racist slur against black people, but "only the bad ones." Guess what.