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The White House announced Tuesday that President Obama will nominate Federal Reserve Vice Chairwoman Janet Yellen to chair the Federal Reserve Wednesday. She would replace Ben Bernanke, who's stepping down from the post. Yellen has been the presumptive nominee for weeks, after Lawrence Summers announced his intention to remove himself from the running in September. She'd be the first woman to head the Fed.

McDonald's USA President Jeff Stratton has been criticized on social media for his videotaped response to an employee who confronted him and complained that she doesn't make enough to feed her kids. But a spokeswoman for the company says McDonald's has a long history of promoting from within.

HSBC says in a new report that GDP in the seven states most affected by the Arab Spring will be 35 percent lower at the end of 2014 than if there had been no Arab Spring. But the damage to those countries is more than to their GDPs alone.

Congress has approved a billion-dollar aid package for Ukraine. Both chambers voted in favor, two days after Senate Democrats removed a provision to overhaul the International Monetary Fund.

Imagine a bird that is eleven feet long and five feet tall at the hip. Like many birds it has a small head, feathers and long spindly legs. But it also…

India declared itself polio-free on Thursday, but it isn't wasting time celebrating. Leaders are already applying the tools used to fight polio to end a disease that kills more than 150 kids each day.

Screening for colon cancer actually prevents the disease, but one-third of people over 50 have never been screened. A new campaign hopes to get 80 percent of eligible people screened by 2018.

When appointed by President Reagan, everyone thought Walsh, a well-known Republican commodity, would conduct a pro forma investigation. It was anything but.

"We have absolutely no intention of — or interest in — crossing Ukraine's borders," Foreign Minister Sergei Lavrov told a Russian TV station Saturday.

Boy Scouts of America is "disappointed" by the decision. Disney says it doesn't support groups that aren't in line with the its policies. Gay boys may now be scouts. But gay adults may not be leaders.