Congress has not raised the federal minimum wage since 2006, when it increased from $5.15 to $7.25 an hour.
Global stocks rose Thursday after China unexpectedly cut its interest rate and continued rising even after Federal Reserve Chairman Ben Bernanke declined to commit to more economic intervention to boost the U.S. economy.
The price of gold on the New York Mercantile Exchange fell by more than 2 percent on Thursday, ending six days of consecutive price increases so far this month.
The government may not invoke the bitterly debated National Defense Authorization Act to hold people in indefinite military detention on suspicion that they ?substantially supported? terrorism, a federal judge ruled.
Ten private U.S. colleges and state university systems announced plans on Tuesday to be more upfront about the costs of higher education, including detailing the monthly loan payments students would face after graduation.
Hundreds of federal and state authorities conducted a drug sting at Puerto Rico's main airport on Wednesday in an attempt to shut down a major trafficking operation. Police arrested at least 33 people in connection with smuggling millions of dollars' worth of illegal narcotics aboard commercial flights.
When California voters head to the polls for their primary on Tuesday, they will also find a proposal to raise taxes on cigarettes -- in a state that's already among the most anti-smoking. But the money the tax might raise won't fix California's troubled finances.
Several bottles of champagne salvaged from a Baltic Shipwreck, will go up for auction in France this week and could sell for thousands of dollars.
The April trade data is likely to garner the most market attention, while the Fed Beige Book will set the tone for the upcoming Federal Open Market Committee (FOMC) meeting. On Thursday, markets will also be watching Fed Chairman Ben Bernanke's testimony to Congress, which could provide clues on whether the Fed is ready to take additional steps to support growth.
Advisers to President Barack Obama and Republican nominee Mitt Romney turns assigning blame for May's grim jobs figures on Fox News Sunday, as the candidates try to spin a paltry 69,000 new jobs into a positive talking point for the incumbent and his Republican challenger.
Democrats in the U.S. Senate will renew next week their push for equal-pay legislation with the Paycheck Fairness Act, a bill with an embattled history that would help close the wage gap between men and women that experts say costs each woman about $434,000 over the course of her career.
Democrats and Republicans are working to blame each other's policies for a lackluster May U.S. jobs report, cementing the critiques that will reverberate through the general election in November.
Republicans on Thursday suggested two potential routes to prevent the interest rate on federally subsidized student loans from doubling on July 1st.
Scientists have finished sequencing the genomes of the domestic tomato and one of its wild relatives, paving the way for more precise breeding in tomatoes and other plants.
Shares of Facebook (Nasdaq: FB), the No. 1 social network, jumped 5 percent in late Thursday trading after they set a new low of $26.83.
The Sunlight Foundation's new Politwoops tool allows users to see tweets deleted by U.S. politicians.
Only the Supreme Court can finally decide this unique case, wrote First Circuit Court of Appeals Judge Michael Boudin.
The former Louisiana governor, who championed a reform to the nation's campaign finance system, plans to form a nonprofit to tackle those issues.
The exodus from President Bush's signature education overhaul continues: Eight more states have applied for, and been granted, waivers exempting them from a testing requirement central to No Child Left Behind.
The U.S. State Department is under pressure from members of congress and the Justice Department to designate the militant Islamic sect Boko Haram, based in northern Nigeria, a foreign terrorist organization. Nigeria, and American scholars, disagree.
Time to stop dropping the presumptive and the likely qualifiers: It is all but certain that after Texans finish voting in Tuesday's Republican presidential primary, Mitt Romney will have secured the 1,144 delegates he needs to win the nomination.
Two laws preventing the federal government from recognizing and providing benefits to same-sex couples are unconstitutional, a federal judge in California ruled.
