Rapper Kanye West Headlines Essence Music Festival

Superstar rapper Kanye West will head to New Orleans this July to headline the 2011 Essence Music Festival. Kanye is slated to hit the stage during the three-day festival, which will also include performances by Mary J. Blige, Trey Songz, funk…

Cricket World Cup: Grand ceremony launches tournament

The 10th Cricket World Cup has been launched following a $30m (£18.6m) opening ceremony in Bangladesh. All 14…

NFL, NFLPA agree to enter mediation

Less than three weeks from the expiration of the collective bargaining agreement, the NFL and its players' union agreed Thursday to mediation in their labor dispute. The Federal Mediation and Conciliation Service, an independent U.S. government…

Bulls nip Spurs for fourth straight win

Derrick Rose had a career-high 42 points and the Chicago Bulls headed into the All-Star break with an impressive 109-99 victory over the NBA-leading San Antonio Spurs on Thursday night. Luol Deng had 19 points and Carlos Boozer finished with 15 for…

Injury forces Baugh, Barath out World Cup

West Indies have suffered another setback in their preparation for the World Cup. Official sources have confirmed that Carlton Baugh Jr and Adrian Barath have suffered hamstring injuries, and will return home earlier than scheduled from the…

Digicel Carib Cup date changed

The Finals of the 2012 Digicel Caribbean Cup will be contested between June and July. Jack Warner, president of the Caribbean Football Union, announced on Monday that the region's premier tournament will undergo a massive transformation for the…

Palin: America ‘on a road to ruin’

Sarah Palin delivered a harsh critique of President Obama's budget proposal during…

Treasury unveils new financial services watchdog

A powerful new "financial policy committee" (FPC) at the Bank of England has been unveiled by the government. It will oversee the government's new system of regulators, set to replace the Financial Services Authority (FSA). FPC members will include…

Stocks end at fresh multi-year highs

U.S. stocks ended at fresh multi-year highs Thursday, as investors focused on an upbeat manufacturing report and looked past indications that inflation is heating up. Dow Jones industrial average (INDU) edged up 30 points, or 0.2%, with 21 of the…

US inflation rises 0.4% on higher food and energy costs

US prices rose 0.4% in January compared with the previous month, mostly due to rising food and fuel prices. The rate of change was the same as seen in December. The Consumer Price Index rose by 1.6% over the last year, before seasonal adjustment,…