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ISLAMABAD– A U.S. consular worker has been remanded in police custody for six days after shooting dead two armed assailants in Pakistan. Raymond Davis may face murder charges after the pair approached him on a motorcycle shortly after withdrawing money from an A.T.M. in the eastern city of Lahore on …

If you think the U.S. housing market is in bad shape now, prepare yourself for the “tsunami” that’s coming. That’s what at least one financial expert is saying. Charles Brown of CB3 Financial says that instead of selling foreclosed homes, banks have been hanging onto them, waiting for the economy …

Every four years, a new official soccer ball is designed for and used during World Cup matches. And every four years, players — and this time even scientists — criticize the new ball. “It’s a little sad that the World Cup has balls of such poor quality,” Iker Casillas of …