A second-quarter economic rebound did nothing to change the Fed, which stayed the course Wednesday with ultra-easy monetary policy.» Read More
Gridlock in Washington on fracking, the minimum wage, and immigration force states to make their own rules. Fiscal Times reports.
House Speaker John Boehner hit the pause button on major immigration reform, one week after Republicans unveiled their "principles" for an overhaul.
More than any other group, participation from the so-called young invincibles—people ages 18-34—will be crucial to the health law's success.
Vice President Joe Biden says New York's LaGuardia Airport could use some major improvements — and that's putting it mildly.
Following a plague of regulatory headaches, Jamie Dimon's wallet got even fatter this year—a move Sen. Elizabeth Warren criticized.
A bill introduced in Maryland would make that state the first to ban the marketing and sale of energy drinks to minors.
Drought-stricken California farmers are expected to idle 500,000 acres of cropland in a record production loss that could cost billions.
A new CBO report Obamacare removes the incentive to work for many Americans. Larry argues that this creates a work trap instead of creating an opportunity ladder.
Dennis Lockhart believes stocks are now in correction mode, and he doubts the markets were recently in a bubble, Dow Jones reported.
Standard & Poor's cut its credit rating on Puerto Rico, dropping the U.S. territory's debt to junk-bond status.
Several developments related to the Affordable Care Act will be hitting many filers this tax season, but they also need to watch issues that could affect them next year.
Friday's debt ceiling resumption will not affect the "Aaa" credit rating of U.S. government debt, Moody's Investors Service said on Wednesday.
The Federal Reserve's Charles Plosser warned of looming communications problems if the central bank keeps buying assets.
A marijuana arrest in the nation's capital may soon be a violation comparable to a parking ticket.
Congress is poised to send a massive, five-year farm bill that provides food for the needy and subsidies for the nation's farmers to the White House.
The US Senate gave final congressional approval to a nearly $1 trillion farm bill that trims food stamps for the poor.
Obama's signature health-care law will keep a historically high number of people out of the labor force, holding down revenue gains, the Congressional Budget Office says.
Detroit's bankruptcy is rapidly shaping up as a battle of Wall Street vs. Main Street, at least as far as the city's creditors are concerned.
Fed Chair Janet Yellen's real challenges start next week, as she faces Republican scrutiny about the Fed, Politico's Ben White says.
Obama administration warned it could start defaulting on government's obligations "very soon" after it runs out of room to borrow under a legal cap.