China, a focus of much of the recent market concern, released foreign reserves data on Sunday which showed the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows. The country's foreign reserves fell $99.5 billion to $3.23 trillion in January, the lowest level since May 2012, central bank data showed. Federal Reserve Chair...» Read More
With children sitting nearby, President Obama proposed a new ban on assault weapons and universal background checks for gun buyers on Wednesday in a sweeping package to curb firearm violence after the killing of 20 first-graders and six adults in a Connecticut school last month.
Americans are growing increasingly worried about federal debt, government dysfunction, and squabbles about the debt ceiling could derail the nation's fragile economic recovery.
Innovative programs across the US are finding some success in reengaging high school dropouts. They strive to target 'disconnected' youths – those not in school and not working, who are a costly burden for taxpayers, the CSM reports.
The House of Representatives on Tuesday approved $50.5 billion in long-delayed federal disaster aid to victims of Superstorm Sandy, but not before Republicans flexed their budget-cutting muscle to strike some spending provisions.
President Barack Obama and Vice President Joe Biden will host children from around the country at a White House event Wednesday to unveil their package of proposals to curb gun violence in the U.S.
With plans for a congressional overhaul on hold, the board of governors for the U.S. Postal Service wants the cash-strapped agency to speed up cost-cutting efforts.
In front of children who wrote letters to him expressing concern about gun violence, President Obama will unveil proposals Wednesday to curb the misuse of firearms.
Northeast lawmakers hoping to push a $50.7 billion Hurricane Sandy aid package through the House face roadblocks by fiscal conservatives seeking offsetting spending cuts to pay for recovery efforts.
CNBC's Eamon Javers reports the IRS is watching extra generous "charitable donations."
The Vatican insisted on Sunday that it had taken adequate measures to combat money laundering and so could not understand why the Bank of Italy had blocked the use of credit and debit cards inside Vatican City, NBC reports
Police said Sunday they have arrested six suspects in another gang rape of a bus passenger in India, four weeks after a brutal attack on a student on a moving bus in the capital outraged Indians and led to calls for tougher rape laws. The CSM reports.
The Treasury secretary nominee is a left-liberal Obama spear-carrier, whose very appointment signals a sharp confrontation with the GOP House, Larry Kudlow says.
The Social Security Administration has taken back a reprimand it gave to an employee who was written up for "passing gas and releasing an unpleasant odor" that created a "hostile work environment."
CNBC's Phil LeBeau reports government officials are standing by the Dreamliner, but shares of Boeing are down nearly three percent since the aircraft was hit by a couple of mishaps in the past week.
CNBC's Phil LeBeau reports the outcome of a joint government news conference on the safety of Boeing's 787, declaring nothing in the data suggests it is not safe. Also, Carter Leake, BB&T Capital Markets analyst, discusses how the scrutiny will likely impact Boeing's stock.
FAA Administrator Michael Huerta addresses the government's stand on Boeing's 787 Dreamliner, despite recent technical glitches.
CNBC's Phil LeBeau reports the latest details on a special FAA review of recent problems on the 787 Dreamliner. And Carter Copeland, Barclays Capital analyst, weighs in on the impact all this scrutiny will have on Boeing's stock.
CNBC's Phil LeBeau reports the FAA will conduct a special review of recent technical problems reported on Boeing's aircraft.
In 2011, Congress and President Obama went to the brink of government default when congressional Republicans balked at raising the nation's debt ceiling. The spring of 2013 appears to have another debt ceiling fight in store. Here are the top four things that have changed. The CSM reports.
A key conservative in the Senate told CNBC on Tuesday that spending cuts would have to be part of any discussion to raise the nation's borrowing limit.