DHAKA, July 29- The Federal Reserve Bank of New York has asked the Philippines' central bank to help Bangladesh Bank recover the $81 million that was stolen by hackers in February from its account held at the Fed, boosting Dhaka's efforts to retrieve the money. Bangladesh Bank has also agreed to share with the Fed a report into the heist that was prepared by U.S. cyber... » Read More
President Obama announces the nominations for several key administration positions; including Ernest Moniz as Energy Secretary; Gina McCarthy as EPA director; and Sylvia Mathews Burwell as his new OMB director. Also, CNBC's John Harwood, provides perspective on the nominees.
CNBC's John Harwood reports on what to expect from the President's new nominee, Sylvia Mathews Burwell, as his next budget director.
President Obama has selected air quality expert Gina McCarthy to lead the EPA and physicist Ernest Moniz to head the Department of Energy, a White House official said.
Ben Bernanke, the chairman of the Federal Reserve, said on Friday that pulling back on aggressive policy measures too soon would pose a real risk of damaging a still-fragile recovery.
If the sequester begins forcing layoffs of federal workers, the nation's capitol and nearby Virginia and Maryland will feel the worst of the impact.
Austan Goolsbee, University of Chicago Booth School of Business, warns that growth will go down and unemployment will go up as a result of these forced budget cuts.
President Obama blamed Republicans' refusal to close `wasteful' loopholes for the automatic budget cuts going into effect Friday, and said Americans will get through the crisis.
The Senate confirmed Jack Lew as President Barack Obama's new Treasury secretary, putting the former White House chief of staff in the middle of a bitter political fight over the government's budget.
Eighty-seven percent of Americans don't think it's OK to cheat, according to an IRS survey, a three percentage point increase from last year.
The Subway Restaurants founder says regulations are hurting small companies and entrepreneurs. "If I started Subway today, Subway would not exist," Deluca told CNBC Wednesday.
Investors are increasingly worried about the health of their portfolios but CNBC's Jim Cramer thinks some of these worries are overblown.
The FBI is looking at suspicious trades made before Warren Buffett's $23 billion acquisition of Heinz, reports CNBC's Kayla Tausche.
Farmland values in the U.S. Plains states jumped more than 20 percent in the fourth quarter from a year earlier.
House conservatives want to extend to a full three years the current freeze on cost-of-living pay increases for the nation's 2 million civilian federal workers.
The U.S. St. Louis Fed Bank President James Bullard said the switch to outright open-ended bond purchases, plus the adoption of thresholds to guide expectations on when the Fed would start to raise interest rates, were making policy more effective.
Florida Sen. Marco Rubio sought to put a softer face on Republicans' small-government agenda, accusing President Barack Obama of spreading blame for his own administration's shortcomings.
Approximately 47 million Americans who rely on food stamps could see their monthly assistance cut because a recession-era benefits boost is set to expire. A family of four could see their benefits cut by about $25 a month, NBC News reports.
Rep. Jeb Hensarling, (R-TX), provides a preview on the House hearing on the Federal Housing Administration, and weighs in on what he hopes to hear from President Obama in his annual State of the Union address.
A new report by a non-profit government watchdog group says former SEC employees, hired away from the Commission by the private sector, "routinely" help their new employers to influence the agency and blunt SEC enforcement actions.
Whether "sequestration" happens or not, money will likely keep flowing into stocks, say analysts.