Despite a five-year low in the unemployment rate, the long-term jobless haven't found relief, White House economist Jason Furman tells CNBC.» Read More
In a major shakeup, Susan Rice, who came under GOP fire for her initial accounting of the deadly attack on a U.S. compound in Libya, will become national security advisor.
A slice of the money market fund industry would be required to change how they price their shares in an effort to reduce the risk of runs, under a proposal unveiled Wednesday.
Amid growing domestic tensions and internal imbalances, China's new leaders are working to wean its economy off decades of state investment.
The FHA may have tried to hide the magnitude of potential losses in an future economic emergency, lawmakers say.
The Treasury Department says it will begin another round of sales of the General Motors stock it acquired during the government's bailout of the auto industry.
A springtime of political turmoil has had only a modest impact so far on the president's standing, according to a new NBC News-Wall Street Journal poll.
The Fed can't fear that the market will be unhappy if it doesn't get more "monetary cocaine," the Dallas Fed president said.
Conservative groups delivered an emotional plea for Washington to rein in government overreach.
A vast majority of Republicans and conservatives support immigration reform if the law solves the problem of illegal immigration, Republican Sen. Marco Rubio told CNBC on Tuesday.
Three years after it was signed into law—and with only about 20 percent of its rules in place—critics and even supporters of Dodd-Frank say it's flawed and convoluted.
U.S. Sen. Frank Lautenberg, a multimillionaire New Jersey businessman and liberal who was called out of retirement for a second tour of duty in Congress, has died at age 89.
The IRS' woes grow with report of that the agency spent $50 million for conferences, including for hotel rooms that normally cost up to $3,500 per night, from 2010 to 2012.
Lawmakers are facing a critical juncture on immigration legislation and two Obama administration controversies. The New York Times reports.
Nearly two-thirds of Americans who currently lack health insurance don't know yet if they will purchase that coverage by the Jan. 1 deadline set by the new Affordable Care Act, a new survey revealed Monday.
The government reports that Medicare's hospital trust fund will be exhausted in 2026 and that Social Security will exhaust its trust fund in 2033.
TSA has finished removing all X-ray technology at airports that produced "Gumby"-like snapshots of passengers. The "virtual nudes" angered many travelers and privacy advocates.
The latest ricin-laced letter addressed to President Obama highlights the state-of-the-art Secret Service facility used for screening a million pieces of mail a year.
The "check the box" loophole shows how Washington saved money for American corporations and deprived the government of billions in tax revenue.
Fears of terrorism have made it harder than ever for homeowners to find out what dangerous chemicals are hidden nearby, like the plant that exploded in West, Texas.
President Barack Obama is expected to pick former Justice Department official James Comey as his next head of the FBI, a source close to the situation said on Wednesday.