Chinese president Xi Jinping has targeted retired Chinese Communist Party leader Zhou Yongkang in an extraordinary corruption inquiry.» Read More
The U.S. is currently tackling two crises: the so-called fiscal cliff and obesity. Both have serious implications for the economy, national policy and individuals.
A Senate subcommittee pointed the finger at Microsoft and Hewlett-Packard on Thursday in a report on how U.S. multinational corporations shift profits offshore to avoid taxation.
A judge has sentenced a former top executive in the empire of disgraced Texas financier R. Allen Stanford to three years in prison for her role in helping the once jet-setting businessman bilk investors out of more than $7 billion.
The average rate on the 30-year fixed mortgage held steady this week, staying slightly above the lowest level on record.
Attorneys for jailed former Swiss banker Bradley Birkenfeld announced Tuesday that the IRS will pay him $104 million as a whistleblower reward for information he turned over to the US government.
Calling hold 'em a "game of skill," a federal judge in Brookly tossed out a jury's July conviction of a man charged with conspiring to operate an illegal poker club.
Tyco and its former chief executive have settled a New York lawsuit seeking to force him to surrender compensation he received before he was jailed.
The Consumer Financial Protection Bureau is proposing new rules to crack down on mortgage servicers' use of force-placed insurance, which is supposed to protect the lender but can mean unnecessary high costs — and even foreclosure — for some consumers.
Commodities Futures and Exchange Commission (CFTC) commissioner Bart Chilton is calling for an insurance fund to protect futures customers.
The IRS is paying out billions of dollars in fraudulent tax refunds to identity thieves; a problem that the tax service’s inspector general told CNBC is a “growing problem” involving numbers that are increasing “exponentially.”
The first rule of insider trading: Don’t talk about insider trading—or do a lot of Internet searches about it.
A federal judge in Washington on Tuesday denied a bid to force the Securities Investor Protection Corporation (SIPC) to compensate victims of Allen Stanford's $7 billion Ponzi scheme.
Peter Madoff, the younger brother of Ponzi swindler Bernie Madoff, was arrested this morning and will appear in court later in the day as part of a process that will see him serve 10 years in prison for his role in the swindle.
Federal regulators are suing hedge fund manager Philip Falcone and his firm, accusing him of civil fraud for using fund money to pay his taxes and favoring some fund customers at the expense of others.
The markets regulator noted that it had filed charges in a rather unusual case: A former broker in Orlando, F.L., had allegedly defrauded investors in a Ponzi scheme based on, of all things, astrology.
Roger Clemens has been acquitted on all charges by a jury that decided he didn't lie to Congress when he denied using performance-enhancing drugs.
On the eve of his client's sentencing for one of the largest investment scams in history, an attorney for financier Allen Stanford says the fraud was not a Ponzi scheme as prosecutors claim, and that in arguing for a 230-year prison sentence the government is trying to divert attention from the fact that it missed the 2008 financial crisis.
Calling him “a ruthless predator responsible for one of the most egregious frauds in history,” federal prosecutors say Allen Stanford should receive the maximum sentence of 230 years in prison.
The following are a collection of laws that have had residents wondering whether the government is going too far. Click ahead for the list.
U.S. authorities are ratcheting up their investigation of residential mortgage-backed securities — the bundles of mortgages that were at the heart of the 2008 financial crisis. And they are appealing to the public for help.
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