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Gold Futures hit a record high Friday, jumping more than $25 to $1,556.40 an ounce, while silver increased over 2 percent to $48.60 an ounce, helped by people investing in precious metals because they are wary of the weak U.S. dollar. “The planet will continue to diversify its sovereign debt holdings into materials and stocks regardless of inflation,” said Richard Hastings, a macro strategist at Global Hunter Securities, adding that gold could approach $1,750 over the next two months.

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Gold Futures Hit Record High

Katie Holmes received an apology and a settlement from Star magazine for implying that she abuses drugs. Holmes, who started her Hollywood career on Dawson’s Creek, sued American Media Inc. for $50 million for Star’s January cover story, which read “Katie Drug Shocker.” …

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Katie Holmes Settles Lawsuit with Star Magazine

Tornadoes swept through seven Southern states, leaving at least 306 people dead and billions of dollars of damage in its wake.

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Tornadoes Sweep the South, Leaving 306 Dead

Medicaid health insurance cannot be privatized statewide in Florida after a decision by Federal health officials was made on Thursday. Florida lawmakers were informed of the decision, which was based on the lack of specific details on how the state plans to change the health insurance plan for low-income residents.

NATO rejected a truce call by Moammar Gadhafi on Saturday for negotiations to end an international bombing campaign.

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NATO Rejects Truce Offer By Gadhafi

Muammar al-Gaddafi, the long-time Libyan leader, asked NATO Saturday to negotiate a cease-fire and stop their air strikes, which Gaddafi says has killed civilians and destroyed his nation’s infrastructure.

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Muammar al-Gaddafi Asks NATO for Cease Fire

Mariah Carey and Nick Cannon welcomed the birth of their twins on Saturday April 30th, the date of their third wedding anniversary. Carey gave birth to the babies at a hospital in Los Angeles.

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Mariah Carey Gives Birth To Twins

ExxonMobil profited nearly $11 billion according to their quarterly report issued Thursday while gas prices hit an average of $4 a gallon. Consumers and politicians, including President Barack Obama, are calling for action.

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ExxonMobil Banks Billions while Oil Prices Continue to Soar

Smartphones represent over half of the handsets purchased by U.S. customers, according to the NPD Group. In the quarterly report, Samsung led the overall U.S.

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Smartphones Outsell Handsets in U.S.