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First Quarter Growth Estimate Lowered

Posted: 06/25/2010 - The government lowered its estimate of how much the economy grew in the first quarter of the year, noting that consumers spent less than it previously thought.

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Promoting "White Lightning Trail"

Posted: 06/25/2010 - Tennessee tourism officials see gold in them there hills where moonshiners once hauled illegal whiskey in fast cars.

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New Penalties Against Iran Approved

Updated: 06/24/2010 - Congress has overwhelmingly approved tough new sanctions against Iran, sending a message to the Tehran government that its suspected pursuit of a nuclear weapons capability will not come without an economic price.

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MA Governor Objects to School District's Condom Policy

Updated: 06/24/2010 - The chairman of a Cape Cod school committee says members will "revisit" a new policy allowing even elementary school students to receive free condoms without the knowledge of their parents.

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Mortgage Rates Sink to Lowest Level on Record

Posted: 06/24/2010 - Mortgage rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments on home purchases and refinancings.

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No Delay on Drilling Moratorium Ruling

Updated: 06/24/2010 - A federal judge in New Orleans has refused to delay his decision to strike down a six-month moratorium on deepwater drilling imposed after the oil spill in the Gulf of Mexico.

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Millions More Cribs Recalled

Posted: 06/24/2010 - More than two million cribs are being recalled from seven companies amid concerns that babies can suffocate, become trapped or fall from the cribs.

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U.S. Supreme Court Sides with Ex-Enron CEO

Updated: 06/25/2010 - The Supreme Court has sided with former Enron CEO Jeffrey Skilling in limiting the use of a federal fraud law that has been a favorite of white-collar crime prosecutors.

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Poor Showing at Steinbeck Auction

Posted: 06/24/2010 - Many of John Steinbeck's letters and manuscripts from his New York City apartment have failed to sell, or have sold for less than expected.

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Reserve Keeps Interest Rates Low

Posted: 06/23/2010 - The Federal Reserve suggests Europe's debt crisis raises a risk to the economy and pledges to hold rates at record lows to make sure the recovery stays on track.

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Calling for Summit on Oil Spill

oil coming ashore

Posted: 06/23/2010 - House Majority Leader Steny Hoyer is urging the White House to hold a summit with East Coast governors and local officials to ensure they are prepared if oil from the Gulf spill makes its way up the Atlantic coastline.

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McChrystal Relieved of Command

Updated: 06/23/2010 - President Barack Obama says he has accepted the resignation of Gen. Stanley McChrystal with regret, but is certain that it is the right decision for the country's national security and the future of the U.S. mission in Afghanistan.

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