In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.
In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.
Glenn Hubbard, Columbia Business School dean, explains why he believes a balanced approach is the best way to fix our nation's debt problem and encourage economic growth.
The chances of a deal between Democratic and Republican lawmakers that would overhaul the U.S. tax system, trim government spending and reform safety net spending programs appear to be fading.
The Treasury is criticizing senior IRS leaders for poor management of a policy that compromised the tax agency's political impartiality. And the Congressional Budget Office projects a deficit of $642 billion for fiscal year 2013, that's down $200 billion, reports CNBC's John Harwood.
The U.S. government’s annual deficit is shrinking far faster than expected, and faster than many economists think is advisable for the health of the economy, the NYT reports.
CNBC's Steve Liesman shares highlights of his interview with Treasury Secretary Jack Lew, about Europe's economic problems and getting Congress and the White House to strike a deal on the budget.
Ben White, POLITICO; Allan Sloan, Fortune; and Aaron Task, Yahoo! Finance, discuss Carl Icahn's bid for Dell, the move to split the roles of chairman and CEO at JPMorgan.
"The sequester is a drip, drip, drip, not a slammed door," said Rep. Steny Hoyer, (D-MD), discussing the stalled budget bill in Congress, and the Internet sales tax.
Recently published health care figures from the federal government confirm what health advocates have been screaming about for years: charges vary enormously, NBC News reports.
April's U.S. budget surplus was bigger than a year ago and the government ran a much smaller deficit in the first seven months of the year, the CBO said.
Warren Buffett, Berkshire Hathaway, chairman & CEO, talks with CNBC's Becky Quick about the nation's budget problems and why he believes a "tax holiday" will push investment abroad.
Advocates on both sides of the aisle want to lower the official corporate tax rate and the country's biggest companies are in favor, but how? NYT reports.