U.S. President Barack Obama speaks to reporters about new sanctions imposed on Russia as he departs the White House in Washington on July 29, 2014. REUTERS/Joshua Roberts

What new Cold War?

WASHINGTON - President Barack Obama escalated U.S. sanctions against Russia but dismissed suggestions the growing chill marked the start of a new Cold War.  Full Article 

U.S. economy rebounds strongly in second quarter 8:51am EDT

WASHINGTON - U.S. economic growth accelerated more than expected in the second quarter and the decline in output in the prior period was less steep than previously reported, which could bolster views for a stronger performance in the last six months of the year.

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GAZA/JERUSALEM - Israel killed at least 19 Palestinians sheltering in a school in Gaza's biggest refugee camp, a U.N. official said.   Video | Full Article 

Phones hang from a trading terminal on the floor of the New York Stock Exchange, May 19, 2009. REUTERS/Shannon Stapleton

Upstart IEX may prompt trading rule changes

NEW YORK - U.S regulators may relax rules that require the fastest possible execution of securities trades, potentially helping IEX Group, made famous in Michael Lewis' book "Flash Boys," to become a full-fledged stock exchange.  Full Article 

China's then Public Security Minister Zhou Yongkang attends the Hebei delegation discussion sessions at the 17th National Congress of the Communist Party of China at the Great Hall of the People, in Beijing in this October 16, 2007 file photo. REUTERS/Jason Lee

Xi reaches deal to probe ex-security chief

BEIJING - Two influential former Chinese leaders gave their consent for President Xi Jinping to investigate ex-domestic security chief Zhou Yongkang, a sign the corruption probe will not open a rift in the ruling Communist Party.  Full Article 

U.S. Federal Reserve Chair Janet Yellen testifies on the economy before the Joint Economic Committee on Capitol Hill in Washington May 7, 2014. REUTERS/Jonathan Ernst

Fed could offer vague rate clues

WASHINGTON - The U.S. Federal Reserve looks certain to press forward with its plan to wind down its bond-buying stimulus, and could offer some vague clues on how much nearer it might be to finally raising interest rates.  Full Article 

Workers push water down a set of stairs on the UCLA campus, which was flooded by a broken thirty inch water main in the Westwood section of Los Angeles July 29, 2014. REUTERS/Jonathan Alcorn

Water main break floods UCLA campus

LOS ANGELES - A major water main ruptured underneath a street near the University of California, Los Angeles, unleashing a 20-foot-tall geyser and millions of gallons of water that flooded part of campus.  Video | Full Article 

Rough Cut
Obama eats no frills BBQ with Kansas City penpals

President Obama eats a no-frills BBQ in Kansas City with people who had written letters thanking him for initiatives that had made their lives better. Rough Cut (no reporter narration)