Economy

White House Correspondents Dinner 2014 Video, Guests & Recap: Watch on C-SPAN as President, Entertainers Poke Fun at Republicans, Affordable Care Act

The annual event is sponsored by WHCA The 2014 White House Correspondents Dinner, held on Saturday, May 3, was fondly called a "nerd prom" by some attendees.

Dolce and Gabbana are Going to Jail: Italian Fashion Designers Got Lessened Sentence for Tax Evasion

Italian fashion icons and designing duo Dolce and Gabbana got some unflattering news this week: They both were charged with tax evasion.

EU Announces Beginning of Brussels-Havana Talks: Raul Castro's Economic Reform Creates Opportunities; Human Rights Record a Stumbling Block

Havana and Brussels successfully finished the first round of talks that would normalize their relations. The next meeting is in two months.

Federal Minimum Wage Increase Blocked by Republicans: President Barack Obama Urges Americans to 'Get Fired Up'

The Republicans blocked a bill on Wednesday that could have increased the minimum wage. President Barack Obama and Democrats are furious, but Republicans are holding firm.

Google Glass Rumored to Hit Mass Market at $600 Price: Solar Power, External Batteries Used to Recharge Device

The apps easily drain the limited battery life Google Glass, among the most wearable and the most iconic new gadgets hitting the market in the near future, is expected to be released later this year.

Net Neutrality: Netflix Goes Directly to the FCC as Google, Yahoo, and Others May Launch a SOPA-Style Protest

In the wake of leaks about new, weaker, Open Internet rules proposed by the Federal Communications Commission, and soon after Netflix had to pay two internet service providers for better access to their customers, Netflix has taken its concerns directly to the FCC. Meanwhile, Google, Yahoo, and other internet heavies may be planning a SOPA-like grassroots protest for net neutrality.

US Unemployment Rate Drops for Latinos

Last month, the U.S. saw its unemployment rate drop to its lowest level since before the recession in 2008 as it went down from 6.7 percent in March to 6.3 percent.

Gwyneth Paltrow Opens 'Super Classy Yard Sale' at GOOP: Beyonce, Miranda Kerr, Nicole Richie Donating to Spring Cleaning

She is all ready for spring cleaning - Gwyneth Paltrow announces the second annual Goop closet sale on Thursday (May 1).

Apple's New Headphones Track Heart Rate and Blood Pressure Leak: iOS 8 Will Add Fitness App Like Samsung Galaxy S5

Reputable leak says the new headphones will be smarter than ever before. There's been plenty of speculation about the newest iPhone and its features, but what about the headphones that come with the device? According to a reliable leak website, Secret, Apple's newest headphones will allow users to track their heart rate and blood pressure.

Kentucky Derby Sells Special Edition 'High-Roller' Mint Julips for $2000: Famous Drink Proceeds Benefit Thoroughbred Retirement Center

Only 10 $2,000 Mint Juleps offered. If you want to order a mint julep at the Kentucky Derby at Churchill Downs, you'll have many choices on the price you have to pay.

Sports Business: LA Clipper's Donald Sterling Situation Parallels Cincy Reds Marge Schott & MLS Chivas USA Oustings

As the National Basketball Association (NBA) prepares to fast-track the removal of Los Angeles Clippers owner Donald Sterling, in what could be a long legal battle, let's take a look back at previous oustings of sports owners Marge Schott of Major League Baseball's (MLB) Cincinnati Reds and Jorge Vergara of Major League Soccer's (MLS) Chivas USA.

T-Mobile Tops Verizon Wireless, AT&T, Sprint in Postpaid Subscribers Additions in 1Q of 2014

Verizon Communications posted its first quarter results for 2014, and the telecommunications company encountered its first loss in 15 quarters.

Apple vs. Samsung Patent Lawsuit Verdict: Samsung Guilty of Infringement, Apple Awarded $119 Million

Following three days of deliberations, the second patent infringement trial between Apple Inc. and Samsung Electronics Co. has finally reached a verdict.

IMF Latin America Economic Outlook for Dominican Republic, Central America: Growth Dependent on US Demand

The International Monetary Fund (IMF) identified economic activity across Central America and the Dominican Republic has weakened.

Nat Geo Mundo Series 'Doctor Vet: Los Angeles' Star Dr. Georgina Marquez Talks Animals, Technology, and Health

In Los Angeles, three veterinarians from Mexico, Guatemala and Puerto Rico were brought together to solve complex cases, educate the public on animal safety, and demonstrate the value of human-animal relationships. "Doctor Vet: Los Angeles," which airs on the Spanish-language channel Nat Geo Mundo, broadcasts the challenges of caring for dogs, cats and more exotic animals, such as lions and snakes, and the emotion, skill, creativity and sensitivity involved when operating on animals.

Google Nexus 6 and 8 Tablets Specs, Price and Release Date Rumors: Android 4.5 Lollypop, Waterproof, Fingerprint Scanner Leaked

Google is establishing itself in the budget tablet market Google's Nexus line of products has caught attention across the Internet as it has improved from just a niche Android handset to a mass-market gadget, and has become well-known to users globally.

SpaceX Wins US Air Force Contract Sanctions Case vs. ULA, Russian NPO Energomash: Boeing-Lockheed's Rocket, Launch Vehicle Investments Face Court Injunction

This is part of the ongoing economic sanctions against Russia SpaceX has won at least a temporary victory against its competitor, space supplier United Launch Alliance.

AT&T Could Buy DirecTV to Become the Second-Biggest Media Provider, After Comcast/TWC

This spring is officially the season for mega-mergers. As T-Mobile looks to take over Sprint and cable-giant Comcast is trying to convince the public that merging with the country's second largest cable provider, Time Warner Cable, would be a good thing, AT&T has reportedly approached DirecTV about a possible buy-out.

Facebook Announces a Less Intrusive, But More Connected Direction

At its F8 developer's conference on Wednesday, Facebook CEO Mark Zuckerberg unveiled new products and policies geared towards making the world's largest social media site feel less intrusive, as well as making it more inclusive to mobile developers. The changes are part of Zuckerberg's efforts to shift the company towards a more "mature" outlook and attitude.

AAA Gas Prices by Gallon: Cost of Fuel to Go Down Next Month, AAA Says; National Average Gas Price Is Currently Highest Since March 2013

$3.70 average price per gallon is most since March 2013. Drivers are seeing high gas prices nationwide, but that won't last long according to AAA.