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  • The Commerce Department has revised second-quarter growth in gross domestic product to 3.3 percent, up from the previous estimate of 1.9 percent. The rate of increase is the fastest in nearly a year. Higher exports were credited for the increase.
  • Defense Secretary Robert Gates and Joint Chiefs of Staff chair Peter Pace talk money with the Senate Armed Services Committee. Democrats pressed both with tough questions about funding requests for the wars in Iraq and Afghanistan.
  • Amusements and attractions at parks and carnivals are regulated and inspected. Although some accidents do occur, fatalities are rare.
  • At the Olympics, Japan finished one-two in the men's figure skating finals. And for the first time since 1952, there was a repeat Olympic champion: Yuzuru Hanyu.
  • Yaa Gyasi's debut novel traces the terrible impact of slavery on generations of an African family, beginning with two sisters in 18th century Ghana — one who stayed, and one shipped to America.
  • Treasury Secretary Timothy Geithner went to Capitol Hill on Thursday with expansive plans to reduce "systemic risk" in the financial system. He called for new rules and better referees. And he was met with skepticism, particularly from Republicans.
  • Allegations of fraud have marred Afghanistan's presidential election. Ronald Neumann, former U.S. ambassador to Afghanistan, says despite the allegations it is worth it for the White house to maintain support for Afghanistan.
  • The economy shrank at a pace of 3.8 percent in the final three months of last year, the worst performance in more than two decades. At the White House, President Barack Obama took note as he was launching a task force to focus on helping the middle class.
  • President Obama will soon have the chance to appoint a new justice to the U.S. Supreme Court. Justice David Souter is planning to retire at the end of the court's term.
  • Elected officials are (almost) the oldest they have ever been in Washington which is causing discussions over what it means to be fit for office.
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