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The prospects for U.S. economic growth are "still too little" and "too uncertain," House Majority Leader Eric Cantor told CNBC. American can't just sit back on its laurels, he added.
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The prospects for U.S. economic growth are "still too little" and "too uncertain," House Majority Leader Eric Cantor told CNBC. American can't just sit back on its laurels, he added.
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WASHINGTON, April 4- A federal government watchdog faulted U.S. bank regulators for the poor performance of third-party consultants reviewing more than 4 million home foreclosures by mortgage servicers in a botched process that was halted earlier this year.
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The Federal Reserve's bond-buying program and zero percent interest rates are dangerous, former Treasury Secretary Paul O'Neill told CNBC.
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Malaysian Prime Minister Najib Razak announced he will dissolve parliament on Wednesday, paving the way for a long-anticipated general election late this month.
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WASHINGTON-- The Homeland Security Department says it's re-evaluating plans to furlough border agents and cut overtime because of the automatic federal government spending cuts. U.S. Customs and Border Protection said Monday the agency will postpone previously announced plans to furlough border patrol agents and officers for at least 14 days.
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Jed Kolko, chief economist at Trulia, says he is seeing a lot of demand from buyers.
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SACRAMENTO, Calif.-- The federal Government Accountability Office is giving generally good grades to the California High-Speed Rail Authority's business plan to build a $68 billion bullet train. In a report given Thursday to members of Congress, the GAO says the authority's ridership and revenue forecasts are reasonable.
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The Supreme Court indicated Wednesday it could strike down the federal Defense of Marriage Act, which prevents legally married gay couples from receiving a range of federal benefits that go to other married couples.
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CHEYENNE, Wyo.-- The federal government has informed Wyoming officials that it will withhold more than $53 million in mineral payments to the state under the automatic federal budget cuts that started this month. As far as communications go, this method of passing along significant information that greatly impacts Wyoming gets a grade of F-minus or worse.
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State and local governments may be making serious cuts but their tax revenue grew for a 13th straight quarter, Census data showed.
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Gold fever is gripping the nation. Americans once again chose gold as their top investment choice in the CNBC All-America Economic Survey.
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Housing data released Tuesday was mixed, prompting economist Robert Shiller to call the housing recovery positive in the short-term, but not without many headwinds.
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Ridge Schmidt Cyber co-founders Howard Schmidt and Tom Ridge discuss the buildup in cyberwars and why the government needs to increase its cybersecurity infrastructure.
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As the gap between the wealthy and rest of America becomes a hot-button issue in Washington, the Fed's ability to improve the situation may soon move into the spotlight.
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Demand for long-lasting U.S. manufactured goods surged in February, suggesting factory activity continued to expand at a moderate pace.
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Key measures of Americans' attitudes toward their homes and the stock market surged in the latest CNBC All-America Economic Survey.
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Many politicians want to change the way Congress operates. So why do so many—Republican or Democrat—ultimately become the very creatures of habit they initially promised to replace, at least when it comes to pork and earmarks?
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The alternative minimum tax, or AMT as it's known, has become one of the most dreaded phrases in tax terminology. CNBC explains.
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CNBC's John Harwood reports the Senate is voting on a bill that would collect sales taxes from out-of-state internet retailers.
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*Postal Service lost $16 billion last year. Congress traditionally has included a provision in legislation to fund the federal government each year that has prevented the Postal Service from reducing delivery service. The Postal Service had asked Congress not to include the provision this time around.
