WASHINGTON— The proportion of U.S. households that own homes has matched its lowest level in 51 years— evidence that rising property prices, high rents and stagnant pay have made it hard for many to buy. The Census Bureau says just 62.9 percent of households owned a home in the April-June quarter this year. That equaled the homeownership rate in 1965, when the... » Read More
"The status quo is unacceptable," said Sen. John McCain, (R-AZ), discussing the likelihood of passing immigration reform in both Houses of Congress, while "eleven million people" remain living in the shadows.
The IRS has scrapped controversial screening lists it used to scrutinize conservative and Tea Party groups seeking tax-exempt status.
Hey, who's in the mood for a game of Words With Friends? The FAA is considering relaxing restrictions on shutting off devices at takeoff and landing.
Many states are recovering form record budget deficits. One key piece of the recovery is revenue from taxes
Although the SEC's decision to not allow defendants to neither admit nor deny wrongdoing is a good one, it must refocus on individuals, not companies, said a former SEC chairman.
CNBC's Eamon Javers has the latest details on a thwarted plot to bomb the NYSE and testimony from Capitol Hill on the NSA surveillance program.
Former FBI special agent Jeff Lanza discusses why he believes NSA surveillance isn't designed for transparency, and whether the broad gathering of data is effective.
CNBC's Bob Pisani and Gordon Charlop, Rosenblatt Securities, discuss the "new world era" of beefed up security in and around the NYSE and Wall Street.
CNBC's Eamon Javers reports the latest details from today's testimony before the House on the NSA surveillance program. And James Kallstrom, former assistant FBI director, addresses the issue of restoring "public trust" as well as protecting targets from terrorists.
FBI Deputy Director Sean Joyce testifies before the House and explains how government agencies were able to thwart terrorist attacks through the NSA monitoring program.
CNBC's Eamon Javers reports the latest details on the House hearing on NSA oversight methods. And a look at security at the NYSE and Wall Street, with Ben Willis, Albert Fried & Co., and CNBC's Bob Pisani.
One phrase has permeated the discussion about the NSA spying program over and over. "Nobody is listening to your phone calls." But is "watching" your phone calls just as intrusive?
Britain should shut down 30 rundown prisons and build 12 modern "hub prisons" with a capacity of up to 3,000 inmates each, according to a new report.
Nevermind the tie and the golf sock. For Father's Day, here are some tax-specific advantages to being a dad.
James Hohman of the Mackinac Center for Public Policy discusses how the city might deal with its unfunded health care and pension obligations.
President Barack Obama has authorized sending weapons to Syrian rebels for the first time, after the White House said it has proof the Syrian government had used chemical weapons.
Trading in natural gas futures exploded Thursday just about seven seconds before the government was set to release its weekly market-moving natural gas storage report.
An internal tug of war is raging between Republican luminaries and grassroots conservatives who decry immigration reform as "amnesty." NBC News reports.
How does Prism work? We have precious few details, despite all the leaks. That leaves the public and the technology community much like the blind men and the elephant.
Three of the largest Internet companies called on the U.S. government to provide greater transparency on national security requests on Tuesday.