The US Congress had one more day left before ending the budget stalemate as risks were dramatically increased in the first US government shutdown.

The US Securities and Exchange Commission has charged Mark Cuban of insider trading. Billionaire Mark Cuban is being hauled to court for insider trading.

After the Federal Reserve announced a halt on its proposed bond buying reduction program, the worldwide tension over the US monetary policy had also subsided, said a Reuters report.

Acquisition of previously owned homes had slumped in August while claims for jobless benefits became lesser last week which showed a contradicting signal regarding the health of the US economy.

According to four top US Federal Reserve officials, the central bank had confused financial markets after announcing a reduced monthly bond buying pace.

The US-India ties were seen to lose its shine over economic differences and was even admitted by India's National Security Adviser.

Orders for US manufactured goods declined in August which showed a possible sign of companies holding back their investments due to uncertainties in US government spending.

Nufarm is asking for openness from Aussie farmers as foreign investors would increase competition with the industry.

After more than dismal last quarter financial reports, BlackBerry is contemplating its exit from the smartphone market.

JPMorgan's CEO met with the US Attorney General to finalize a settlement on the mortgage backed securities fraud investigations.