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Fed upbeat on U.S. economy, cites strong job gains

WASHINGTON - The Federal Reserve on Wednesday said the U.S. economy was expanding "at a solid pace" with strong job gains in a signal that the central bank remains on track with its plans to raise interest rates this year.

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Greek PM Tsipras freezes privatisations, markets tumble

ATHENS - Leftist Greek Prime Minister Alexis Tsipras threw down an open challenge to international creditors on Wednesday by halting privatisation plans agreed under the country's bailout deal, prompting a third day of heavy losses on financial markets. | Video

World, Greece 4:57pm EST

Raul Castro warns U.S. against meddling in Cuba's affairs

SAN JOSE - Cuba will not accept any interference from the United States, President Raul Castro said on Wednesday, warning that meddling in its internal affairs would make rapprochement between the two countries "meaningless." | Video

Politics, Cuba, World 4:32pm EST

Air Force picks Boeing 747-8 to replace Air Force One: sources

WASHINGTON - The U.S. Air Force plans to announce on Wednesday that it has decided to use Boeing Co's commercial 747-8 airliner to replace its current fleet of Air Force One presidential aircraft, two sources familiar with the decision said on Wednesday.

3:21pm EST

Two Israeli soldiers, U.N. peacekeeper killed in Israel-Hezbollah violence

JERUSALEM/BEIRUT - Two Israeli soldiers and a Spanish peacekeeper were killed on Wednesday in an exchange of fire between Hezbollah and Israel, one of the most violent clashes between the two sides since a 2006 war. | Video

Flooding leaves mess in oceanfront Massachusetts after storm

MARSHFIELD, Mass. - Ocean Street in the waterfront Massachusetts town of Marshfield was littered with lobster traps, downed wires and chunks of houses on Wednesday, after a massive blizzard hammered New England. | Video