The Philly Fed president is the latest central banker to suggest that weakness in the labor market is only temporary.» Read More
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.
Republicans denounce the IRS after it apologized for inappropriately flagging conservative political groups for additional reviews during the 2012 election.
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.
The House debate about the Marketplace Fairness Act will concentrate on the effect an online sales tax would have on small business.
U.S. Treasury Secretary Jack Lew told CNBC on Friday that the U.S. debt ceiling would not be reached until September.
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.
Once a strong supporter of Fannie Mae and Freddie Mac, former Congressman Barney Frank now says they should be abolished.
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.
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.
Politicians in Washington are holding back the US economy and job growth can't reach its full potential until Congress gets its act together, said Richard Fisher, president of the Dallas Fed.
When beginning a new job, it's good to start fresh: Make a few changes and form a good impression. For new Treasury Secretary Jacob Lew, that meant closing some loopholes.
Dysfunction in Washington is one of the biggest drags on the U.S. economy, undermining confidence and crimping growth, Treasury Secretary Jack Lew says.
A Senate immigration bill would cost $6.3 trillion over 50 years to provide benefits for millions now in the U.S. illegally, the Heritage Foundation says in a controversial study.
A majority of the Senate approved a measure that would allow states to tax online purchases. The bill now moves to the House, where it faces opposition.
Warren Buffett and Bill Gates said it's only fair that online retailers collect state sales taxes, just as brick-and-mortar stores do.
The Internal Revenue Service will play an important role in how health-care reform is managed, even deciding who will have to buy coverage.
Republicans are pushing a bill that would allow full-time private sector employees to have the option of taking paid time off instead of overtime pay.
A new analysis finds the current Supreme Court to be by far the most pro-business of any since World War II.
President Barack Obama and the media are demonizing law-abiding gun owners in the wake of recent violent acts, National Rifle Association leaders and political allies said on Friday.
At least eight of the 33 senators whose terms expire in 2014 won’t run again, but potential candidates are passing. The New York Times reports.
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