Weak gasoline, food prices dampen U.S. producer inflation

WASHINGTON - U.S. producer prices were flat in August, pointing to muted inflation pressures that should see the Federal Reserve in no hurry to raise interest rates.

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New global plans unveiled to crack down on corporate tax avoidance

LONDON - Plans for a major rewriting of international tax rules unveiled on Tuesday could eliminate structures that have allowed companies like Google Inc and Inc to shave billions of dollars off their tax bills.

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U.N. says Palestinians, Israelis reach deal on Gaza reconstruction

UNITED NATIONS - The United Nations, Israel and the Palestinian Authority have reached a deal to allow reconstruction work to begin in the war-torn Gaza Strip with U.N. monitoring of the use of materials, U.N. Middle East envoy Robert Serry said on Tuesday.

World, United Nations 10:50am EDT

Islamic State supporter warns of attacks against U.S.: SITE

BEIRUT - A supporter of Islamic State militants has warned of attacks on the United States and its allies if they continue to carry out military action against the group that has seized large parts of Iraq and Syria, the SITE monitoring service said. | Video

World, Iraq 11:19am EDT

ECB's predicament leaves peers mute on currency depreciation

FRANKFURT/TOKYO/WASHINGTON - Attempts by the European Central Bank to weaken the euro have the potential to spark a currency war but policymakers across the world are keeping silent, knowing the ECB has scant alternatives to keep its economy afloat.

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St. Louis grand jury term extended as it hears Ferguson evidence

- The St. Louis grand jury hearing evidence in the case of the white police officer who fatally shot unarmed black teenager Michael Brown last month has been given an extra four months to weigh possible criminal charges against the officer, officials said on Tuesday.


U.S. Congress poised to approve aid to moderate Syrian rebels

WASHINGTON - The U.S. Congress appeared poised on Tuesday to quickly approve President Barack Obama's plan to arm and train Syrian rebels, a major part of the effort he announced this week to fight Islamic State militants.