Energy analysts predict that gas prices may have peaked, as prices have declined for the past week. Prices at the pump have been steadily rising since December, but analysts say that with last Friday’s high average of $3.94 per gallon, prices may have already hit their high water mark.
A divided Ninth U.S. Circuit Court of Appeals panel struck down a ban on political ads on public TV and radio stations, by a 2–1 vote.
Newark, New Jersey Mayor Cory Booker was treated at a hospital for smoke inhalation and burns on his hand after he rescued a woman from her burning house. “I just grabbed her and whipped her out of the bed,” Booker said when recounting the fire.
Minutes after its much-anticipated launch, North Korea’s rocket splintered into pieces over the Yellow Sea. In a rare admission, North Korea acknowledged the failure in an announcement on state TV, and world leaders quickly denounced the program as a violation of U.N. sanctions
Mitt Romney will be attending the National Rifle Association annual conference today. The NRA has come under fire recently for their involvement in pushing “Stand Your Ground” laws, which allowed George Zimmerman to walk free after shooting Trayvon Martin in Florida. Romney will address the NRA later today.
Newt Gingrich’s stalled presidential campaign is selling off one of its most prized possessions: the donor rolls. Desperate for cash, the campaign is auctioning off its donor list in an attempt to plug a $4.5 million hole.
Millionaires already know how they’ll get around the Buffett Rule. Bloomberg News explains, they have several methods to get around it.
And finally: It sounds like the Obamas and Jay-Z and Beyonce should go on a double date, as the president said this week that he likes Jay better than Kanye West, and the New York rapper’s wife, Beyonce, wrote a handwritten letter to Michelle Obama calling her “the ultimate example of a truly strong African American woman.”