In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.» Read More
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.
The House debate about the Marketplace Fairness Act will concentrate on the effect an online sales tax would have on small business.
Under President Barack Obama's health care law, where you live could make a huge difference in what you'll pay for medications.
U.S. Treasury Secretary Jack Lew told CNBC on Friday that the U.S. debt ceiling would not be reached until September.
If an article in Monday's Wall Street Journal is anything to go by, the U.S. Fed is getting ready to unwind monetary stimulus. That prospect is unlikely to be as alarming for markets as feared, analysts tell CNBC.
Massachusetts has had Romneycare since 2006. And, while it's different in some ways from Obamacare, it offers insight into what's ahead for US health care.
The Federal Reserve Chairman said the shadow banking system still poses a threat to stability, and that funding markets might still not be able to cope with a major default.
Former Rep. Barney Frank, an author of the massive regulation bill that sought to contain too-big-to-fail banks, said the legislation is working.
Republicans denounce the IRS after it apologized for inappropriately flagging conservative political groups for additional reviews during the 2012 election.
A week after the Federal Reserve endorsed a plan to keep buying bonds to spur economic growth, members are airing differences over their super-easy policy.
The CFTC is prepared to adjust a new rule stemming from the Dodd-Frank financial reform law, a sign that the regulator might bow to industry criticism.
Once a strong supporter of Fannie Mae and Freddie Mac, former Congressman Barney Frank now says they should be abolished.