The Senate Finance Committee on Tuesday backed President Barack Obama's nominee to head the U.S. Treasury, Jack Lew, clearing the way for a full-Senate confirmation vote.
New York State's coffers are up $1.6 billion over last year, but the increase is due mostly to the wealthy shifting income into 2012 to avoid higher 2013 taxes.
When Groupon reports earnings Wednesday after the bell, it isn't just under pressure to grow revenue and generate profits.
Telecommuting has been a growing trend over the past few years. But does Yahoo's decision to ban telecommuting signal a change, NBC reports.
Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's bond-buying stimulus before Congress on Tuesday, saying that the bank sees little risk of higher inflation in the near term.
Hundreds of thousands of workers at firms with government contracts are expected to be laid off because of sequestration. But picking who stays and who goes could be complicated and costly.
A plan to replace the "sequester" should put the bulk of the reductions years out to protect the economy in the short run, House Minority Whip Steny Hoyer told CNBC.
U.S. new-home sales jumped in January from the previous month to the highest level since July 2008, while a separate report showed that consumer confidence picked up much more strongly than expected in February.
Internet users who illegally share music, movies or television shows online could soon receive warning notices from the nation's major Internet service providers.
From housing to medical care, Boomers who divorce can expect retirement to cost as much as 50 percent more, experts say.
U.S. single-family home prices picked up in December, closing out 2012 with the biggest yearly gain in more than six years as the housing market got back on its feet.
Home Depot said Tuesday its fourth-quarter profit topped Wall Street analysts' expectations, helped by an extra week of sales in the current quarter as well as by improvements in the U.S. housing market, and post-Sandy buying.
Former Clinton Treasury Secretary Lawrence Summers argued on CNBC for a "balanced approach" because President Barack Obama has agreed to more spending cuts.
America's seniors appear to have grown more burdened by debt in recent years, and experts say a likely culprit is medical expenses.
As $85 billion in spending cuts loom, people across the country who rely on the government were trying to fathom what it would mean for them. The NYT reports.
The department store chain reported quarterly earnings and revenue that topped analysts' expectations as its strategy of tailoring merchandise to local markets paid off during the holiday season.
Apple is settling a lawsuit that said customers were charged when their children inadvertently downloaded certain applications from the company's online store.
Another blizzard bore down on the nation's midsection early Tuesday after lashing the Texas Panhandle with hurricane-force winds, closing highways and cutting power to thousands in Texas, Oklahoma, and Kansas.
More Americans fell behind on their auto loan payments in the last three months of 2012, when some borrowers' financial obligations temporarily take a backseat to spending on holiday shopping.
Paying for your child's education is a laudable goal, but may not be realistic for some parents who could wind up jeopardizing their own financial future in order to put their children through college.