If talks continue to progress, Congress seems likely to make a 2014 budget deal before adjourning for the year, lifting fears of another shutdown.» Read More
A source from Team Obama said Larry Summers will likely be named Fed chairman in a few weeks though he is "still being vetted" so it might take a little longer.
Treasury Secretary pressed Congress to allow the government to borrow more money, saying that it could default on its obligations if lawmakers do not act by mid-October.
America's greatest challenge has something to do with Washington, according to a survey of business economists. What could it be?
Continued widespread public ignorance about Obamacare insurance exchanges could hamper enrollment in those exchanges and ultimately jack up premium prices.
Two regional Fed presidents expressed different views Friday about whether September would be the right time to begin to scale back the central bank's massive bond purchases.
CNBC's Eamon Javers reports on comments made by Treasury Secretary Jack Lew regarding Nasdaq's trading freeze.
The Fed's easy-money policies have boosted U.S. manufacturers but requires less fiscal and regulatory restraint from Washington, a top Fed official said on Thursday.
The White House plan for a new college rating system would eventually determine where federal student aid dollars would be allocated, Education Secretary Arne Duncan tells CNBC.
Massachusetts Treasurer Steven Grossman has been getting the state's finances in order—his own are another matter. Grossman may owe more than $500,000 in back taxes.
Former Secretary of State Hillary Clinton has been acting like she's going to run for president in 2016. "She'd be ... terrific," said her former State Department economic guru.
The goal is to link a new college financial ratings plan to federal financial aid awards.
With the Fed on a path to taper, rising bond yields could act as a razor's edge against the stock market, cutting into gains with every tick higher.
The minutes of the July meeting reveal a growing concern over inflation.
Fed officials may be getting closer to tapering the central bank's controversial bond-buying program, but minutes from the most recent meeting show some hesitation remains.
Ron Paul loves gold, but how much the former presidential candidate loves the yellow metal could strike some as a bit...extreme.
The U.S. is making gains on developing a surveillance system to identify people in crowds. The NYT reports.
The United States is unlikely to make significant cuts in assistance to Egypt, despite calls from Congress to do so and a Cabinet-level meeting this week.
Bigger companies expect health-care costs to increase under Obamacare—and most are concerned with getting hit by a tax on pricier plans under the health-reform law, a survey finds.
Army Pfc. Bradley Manning is sentenced to 35 years in prison for giving hundreds of thousands of secret military and diplomatic documents to WikiLeaks.
Here's one thing both critics and supporters of the modern welfare system agree on: The direct assistance program as we knew it in the 1980s and 1990s is dead and gone.