U.S. public debt remains unsustainable and will reach 106 percent of economic output in 25 years, the Congressional Budget Office said.» Read More
U.S. consumer confidence rose to a six-year high of 85.2 in June, beating estimates of 83.5.
Slammer-ready typewriters, tablets and flatscreen TVs come with security screws and clear plastic for easy inspection. NBC reports.
The U.S. reported a $130 billion deficit in May after a surplus in April, but this year's imbalance is on track to be the lowest in 6 years.
Senator Mitch McConnell said Republicans were open to using a tax holiday for multinational companies to pay for highway construction.
If the Fed continues on its current pace, its monthly purchase of bonds will be down to $15 billion by the time it meets in October.
Gunmakers have long histories in New England's "Gun Valley," but politics may be pushing them out. Christian Science Monitor reports.
Edward Snowden defended his report of the American government's surveillance programs to spy on its people, and described himself as a patriot.
The U.S. federal government has a contingency plan in the event zombies ever overrun the country, according to Foreign Policy Magazine.
In its secular outlook, Pimco said that the next three to five years suggest an end to bull markets as investors have known them.
This year, the government has run $306 billion into the red. That deficit is 37 percent smaller than it was in the same period of fiscal 2013.
The Federal Reserve said it plans to conduct another series of eight operations offering seven-day term deposits through its Term Deposit Facility.
IRS Commissioner Koskinen said the IRS will audit 100,000 fewer individuals this year as part of congressionally mandated cuts to the agency's budget.
Economists polled by CNBC have reversed earlier projections for positive GDP growth and now forecast that the economy contracted in the first quarter.
U.S. consumer confidence dipped in April as consumers were discouraged by business and labor market conditions, according to a report.
The Navy plans to cancel an order for 29 helicopters, but termination could cost as much as finishing the helicopters, The Fiscal Times reports.
President Obama's fiscal 2015 budget request would boost US tax revenues by nearly $1.4 trillion over 10 years if fully enacted, the CBO said.
The Congressional Budget Office is cutting its estimates of the U.S. deficit to $492 billion due to lower-than-expected Obamacare premiums, reports CNBC's Eamon Javers.
US budget deficits over the next decade will be $286 billion less than previously estimated, the Congressional Budget Office said on Monday.
Key senators offered announced an outline of a new measure that would pour an additional $16 billion a year into the Highway Trust Fund.
The U.S. Secret Service is reassigning some staff and exploring stricter rules on alcohol after agents were sent home after a night of drinking.