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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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
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.
LOS ANGELES - Crews were battling about a dozen major wildfires across California on Tuesday that have forced thousands of people to flee, damaged or destroyed more than 100 buildings, and charred thousands of acres of drought-stricken forest.
BEIRUT - Islamic State fighters shot down a Syrian war plane using anti-aircraft guns on Tuesday, the first time the group has downed a military jet since declaring its cross-border caliphate in June, a group monitoring the civil war said.