U.S. gross domestic product grew at a rate of 1.9 percent in the first quarter of 2011, reflecting the anticipated slowdown in the economy, the U.S. Commerce Department reported Friday.
President Obama enters bipartisan negotiations today aimed at making by far the largest cuts in history from federal budget deficits and avoiding a first-ever government default.
The U.S. Supreme Court Monday, in a 5-4 vote, struck down Arizona's system of public financing for state office candidates who eschew private financing.
The U.S. Supreme Court Monday, in a 7-2 vote, struck down California's ban on the sale of violent video games to minors on free speech grounds.
Tax cuts Republicans say are needed to put Americans back to work did not create jobs during the Bush administration, House Minority Leader Nancy Pelosi said.
Carmakers are focused now on how the Internet can help drivers. But in the not-so-distant future, they will increasingly try to make cars smarter as well.
The Los Angeles Dodgers filed for protection under Chapter 11 of the U.S. Bankruptcy Code in order to protect the franchise financially and provide a path that will enable the Club to consummate a media transaction and capitalize the team. Dodger owner Frank McCourt cited Major League Baseball Commissioner Bud Selig's refusal to approve the Fox transaction as the cause for the Chapter 11 filing.