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Consumer prices were flat in April as households paid less for gasoline and natural gas, possibly giving the U.S. Federal Reserve more room to help economic growth should the recovery stumble.
House Speaker John Boehner says that when Congress raises the nation's borrowing cap he will again insist on spending cuts and budget reforms to offset the increase.
As Facebook nears its debut as a public company, would-be investors are pondering the $96 billion question: Can an eight-year-old company run by a hoodie-wearing 28-year-old possibly be worth that much?

Thunder clobber Lakers 119-90 in Game 1

From http://news.yahoo.com
Russell Westbrook had 27 points and nine assists, Kevin Durant added 25 points and the Oklahoma City Thunder blasted the weary Los Angeles Lakers 119-90 on Monday night in the opening game of the Western Conference semifinals.
The world's biodiversity is down 30 percent since the 1970s, according to a new report, with tropical species taking the biggest hit. And if humanity continues as it has been, the picture could get bleaker.
An accident that killed four sailors during a race from Southern California to Mexico's Baja California last month will be reviewed by US Sailing, the national governing body of the sport.