Investors set aside some of their worries about the U.S. government's credit rating and scooped up shares of retail stocks.
D.C. United is going from two primary owners to one.
President Barack Obama granted the Pentagon new power to rein in wasteful defense spending Friday, a change he said was long overdue.
Forty-four states lost jobs in April, led by California where employers slashed 63,700 positions, as the recession took a further toll on U.S. workers.
Diane Peek needed to move from Georgia to central Florida, but for six months no one even showed interest in the house she and her husband built outside Atlanta.
President Barack Obama has welcomed his first African head of state to the White House.
Malawi's President Bingu wa Mutharika, a former World Bank official credited with bringing economic gains to the southern African nation of 12 million, on Friday was declared the winner of a national election.
Congress passed far-reaching credit-card-reform legislation on Wednesday, and the president is expected to sign the bill into law this week.