NEW YORK— Dollar Tree said Friday that it has agreed to sell 330 of its stores to the private equity firm Sycamore Partners in order to get regulatory approval for its $8.5 billion purchase of Family Dollar. The Federal Trade Commission required Dollar Tree to sell the stores before it would sign off on the Family Dollar acquisition. Dollar Tree prices all items...» Read More
The U.S. Senate approved Federal Reserve Governor Sarah Bloom Raskin to be the No. 2 official at the Treasury Department.
Lois Lerner refused to answer questions at a congressional hearing that quickly devolved into political bickering between Democrats and Republicans.
The head of the Justice Department division in charge of prosecuting white-collar crime says she's leaving behind plenty of big cases.
Boeing has begun offering a specialized phone aimed at government agencies and contractors who need to keep communication and data secure.
It's another step in Michelle Obama's campaign against obesity. NBC reports.
Money-transfer company Western Union is being probed by the FTC and a U.S. district court over fraud-induced money transfers, the company said in a regulatory filing.
The U.S. Senate Banking Committee said on Wednesday that it postponed Thursday's hearing with Federal Reserve Chair Janet Yellen.
The Fed's Charles Plosser says it's always easier to lower interest rates to spur economic activity than to raise them to stop inflation.
A US appeals court struck down the IRS's authority to regulate tax-return preparers, dealing a blow to the Obama administration.
The U.S. Postal Service narrowed its losses in its first quarter that ended December as a surge in online shopping and package delivery boosted its revenues.
Tim Pawlenty says N.J. Gov. Chris Christie deserves the benefit of the doubt regarding the "Bridgegate" scandal.
Google's plan to sell Motorola's handset business to Lenovo now puts the spotlight on whether federal officials will agree the deal poses no national security concerns.
Nutritionists want the FDA to make the number of calories more prominent and the amount of added sugar included.
The IRS answered a smaller share of taxpayer calls and kept taxpayers on hold longer last year than in other recent years. And it may get worse.
Tax officials said they would not enforce the rule this year because they had yet to issue regulations for employers to follow. NYT reports.
If Congress doesn't pass a new Farm Bill, decades-old laws could cause the price of milk and other agricultural products to double. NYT reports.
A drive by some cities to cut costly police retirement benefits has led to an extraordinary face-off between local politicians and the law enforcement officers.
The U.S. is investigating export and import procedures at Honeywell after the firm included Chinese parts in equipment it built for the F-35 jet.
The U.S. government is on the hunt to find the perfect condom, according to the New York Post.
William Isaac, FTI Consulting Global explains why it isn't economically smart for the banks to fight the government. Josh Roshner, Graham Fisher and Company, weighs in.