Constance McMillen didn't believe her Mississippi school district would really call off her senior prom rather than allow her to show up with her girlfriend and wear a tuxedo.
A federal appeals court in San Francisco upheld the use of the words "under God" in the Pledge of Allegiance and "In God We Trust" on U.S. currency, rejecting arguments on Thursday that the phrases violate the separation of church and state.
President Barack Obama set up a new high-level agency on Thursday that will help promote U.S. products overseas, part of a strategy to double U.S. exports in five years.The newly created Export Promotion Cabinet will hold its first meeting in April, and includes representatives from the departments of State, Agriculture, and Commerce, among others.
Government vehicle safety regulators may seek greater authority to investigate defects in vehicles and are weighing a range of safety requirements in response to Toyota's massive recall.
A rally in financial stocks helped the market extend its grind higher to a third day. Standard & Poor's 500 index closed just above its January peak to set a new 17-month high.
An overwhelming majority of Americans wants Wall Street subjected to tougher regulation in the aftermath of the bank bailout and the bonus scandals, according to a poll.
The SEC is calling anew for Congress to impose oversight on derivatives, warning that allowing risky instruments like credit default swaps to continue unfettered could bring new economic damage.
Americans regained more of their shrunken wealth last quarter, mainly because the economy boosted stock portfolios. But the gain was less than in the previous two quarters.
The number of U.S. workers filing new applications for unemployment insurance fell slightly less than expected last week, a government report showed on Thursday, hinting at a slow labor market recovery.
The country may have started its long haul back to economic recovery if recent news that consumer spending increased slightly in January is any indication.
Whether it's to boost sagging business or attract customers to a new product, there seems to be a freebie fad going on. That's a boon for budget shoppers and can be good for companies too.