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In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.
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The Supreme Court indicated Wednesday it could strike down the federal Defense of Marriage Act, which prevents legally married gay couples from receiving a range of federal benefits that go to other married couples.
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Big business and big labor have settled on a framework for an immigration overhaul. Now, the lawmakers need to resolve the nitty-gritty—and keep their parties' political flanks mollified.
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Major U.S. business and labor groups have reached an agreement on a guest-worker program that removes a major hurdle to a broad immigration overhaul and clears the way for Senate legislation to be introduced soon, according to a source.
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Modest U.S. growth will keep inflation in check and means the Federal Reserve should ease monetary policy further, a senior U.S. central banker said on Wednesday.
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Many politicians want to change the way Congress operates. So why do so many—Republican or Democrat—ultimately become the very creatures of habit they initially promised to replace, at least when it comes to pork and earmarks?
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The Supreme Court is hearing arguments today on whether gay couples have the Constitutional right to marry, reports CNBC's John Harwood.
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A new study indicates that Obama's health care overhaul will result in a 32 percent claims cost increase which could translate into higher premiums for Americans.
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As the gap between the wealthy and rest of America becomes a hot-button issue in Washington, the Fed's ability to improve the situation may soon move into the spotlight.
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"Taxes are going to kill spending!," they cried. "Don't punish the rich!" Well, the rich have spoken and guess what? They're still spending.
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The battle over a minimum-wage increase has begun, and small employers on both sides have entered the debate.
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Key measures of Americans' attitudes toward their homes and the stock market surged in the latest CNBC All-America Economic Survey.
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Federal regulators are pressing the Supreme Court to stop big pharmaceuticals from paying generic drug competitors to delay releasing cheaper versions of brand-name drugs.
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Too much of the recent growth in employment has been concentrated in low-wage and temporary jobs, leaving the recovery on shaky ground, a top Federal Reserve official said Friday.
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The House passed a huge stopgap spending bill to keep the government open through the end of September, sidestepping any threat of a government shutdown.
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The Supreme Court will hear arguments on Monday over whether big drug companies can settle patent litigation with generic rivals by making deals to keep cheaper products off the market.
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Chicago will close 54 schools and 61 school buildings by the beginning of next year in the country's third-largest public school district, a move that union leaders called the largest mass closing in the nation.
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FCC Chairman Julius Genachowski announced plans Friday to step down after a four-year term that focused heavily on improving Internet access across the country.
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Dr. Benjamin Carson was a political unknown just weeks ago. Now, He is in some ways a dream candidate for Republicans. The NYT reports.
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When does a cyberattack constitute as an act of war? CNBC's Eamon Javers reports.
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Does Fed Chairman Ben Bernanke have the right strategy for fixing the economy? CNBC's Larry Kudlow weighs in.