The IRS official at the center of a tax scandal about extra scrutiny of conservative groups asserted her constitutional right not to answer questions.» Read More
Tim Cook says he'll propose tax changes to encourage firms to bring home more of their offshore funds when he faces congressional queries over Apple's overseas cash holdings.
"Things are better enough for the Fed to slow the pace of purchasing," Philadelphia Fed President Charles Plosser says.
Just six months after a heady re-election, President Obama's second-term dreams have collided with second-term reality: scandals and foreign setbacks. The NYT reports.
Congress wants answers on why the IRS targeted conservative groups, two senior politicians tell CNBC.
House of Representatives Speaker John Boehner suggesting jail time over the IRS's targeting of conservative groups for extra scrutiny.
Rep. Charles Boustany tells CNBC he's confident Congress will follow the "paper trail" to hold to account those responsible for the IRS' targeting of conservative nonprofit groups.
U.S. Attorney General Eric Holder said on Tuesday he had ordered the FBI to open a criminal probe in a growing scandal over the Internal Revenue Service's targeting of conservative political groups.
President Obama said IRS conduct targeting conservative groups for extra tax scrutiny was "inexcusable" and that acting IRS Commissioner Steven Miller is out.
Senate Minority Leader Mitch McConnell said on CNBC's "The Kudlow Report" the IRS scandal is just the tip of the iceberg.
Holder told Congress that a serious national security leak required the gathering of AP telephone records as he stood by a probe in which he insisted he had no involvement.
Attorney General Eric Holder says he's ordered a Justice Department investigation into the IRS's targeting of conservative groups for extra tax scrutiny.
The U.S. government’s annual deficit is shrinking far faster than expected, and faster than many economists think is advisable for the health of the economy, the NYT reports.
U.S. tax agents have been singling out non-profit groups for extra scrutiny by key words such as 'Tea Party'and later "organizations involved with political, lobbying, or advocacy".
IRS acting chief Steven Miller says mistakes made in screenings of political groups seeking tax-exempt status won't be repeated.
President Barack Obama on Monday called the Internal Revenue Service's focus on conservative groups "outrageous."
Despite the rift, the Chamber of Commerce and the AFL-CIO have a deal over separate provisions in the bill concerning low-skilled workers.
The National Transportation Safety Board wants to make it easier for police to charge someone with DUI. NBCNews.com reports.
The Justice Department secretly obtained two months of telephone records of reporters and editors for the Associated Press.
The US Supreme Court ruled that an Indiana farmer violated giant agribusiness company Monsanto's patent for a type of soybean.
The federal government is better at creating low-paying jobs than Wal-Mart and McDonald's combined, says a new report.