WASHINGTON— Two House members are seeking a Justice Department investigation of the former head of the federal board that investigates chemical accidents, saying they believe he made multiple false statements while testifying before an oversight committee. The request for the federal probe was being sent to Attorney General Loretta Lynch on Wednesday by...» Read More
Ben Bernanke, the chairman of the Federal Reserve, said on Friday that pulling back on aggressive policy measures too soon would pose a real risk of damaging a still-fragile recovery.
If the sequester begins forcing layoffs of federal workers, the nation's capitol and nearby Virginia and Maryland will feel the worst of the impact.
Austan Goolsbee, University of Chicago Booth School of Business, warns that growth will go down and unemployment will go up as a result of these forced budget cuts.
President Obama blamed Republicans' refusal to close `wasteful' loopholes for the automatic budget cuts going into effect Friday, and said Americans will get through the crisis.
The Senate confirmed Jack Lew as President Barack Obama's new Treasury secretary, putting the former White House chief of staff in the middle of a bitter political fight over the government's budget.
Eighty-seven percent of Americans don't think it's OK to cheat, according to an IRS survey, a three percentage point increase from last year.
The Subway Restaurants founder says regulations are hurting small companies and entrepreneurs. "If I started Subway today, Subway would not exist," Deluca told CNBC Wednesday.
Investors are increasingly worried about the health of their portfolios but CNBC's Jim Cramer thinks some of these worries are overblown.
The FBI is looking at suspicious trades made before Warren Buffett's $23 billion acquisition of Heinz, reports CNBC's Kayla Tausche.
Farmland values in the U.S. Plains states jumped more than 20 percent in the fourth quarter from a year earlier.
House conservatives want to extend to a full three years the current freeze on cost-of-living pay increases for the nation's 2 million civilian federal workers.
The U.S. St. Louis Fed Bank President James Bullard said the switch to outright open-ended bond purchases, plus the adoption of thresholds to guide expectations on when the Fed would start to raise interest rates, were making policy more effective.
Florida Sen. Marco Rubio sought to put a softer face on Republicans' small-government agenda, accusing President Barack Obama of spreading blame for his own administration's shortcomings.
Approximately 47 million Americans who rely on food stamps could see their monthly assistance cut because a recession-era benefits boost is set to expire. A family of four could see their benefits cut by about $25 a month, NBC News reports.
Rep. Jeb Hensarling, (R-TX), provides a preview on the House hearing on the Federal Housing Administration, and weighs in on what he hopes to hear from President Obama in his annual State of the Union address.
A new report by a non-profit government watchdog group says former SEC employees, hired away from the Commission by the private sector, "routinely" help their new employers to influence the agency and blunt SEC enforcement actions.
Whether "sequestration" happens or not, money will likely keep flowing into stocks, say analysts.
The U.S. Justice Department and multiple states are discussing also suing Moody's for defrauding investors, according to people familiar with the matter.
U.S. agencies cleared Boeing to restart test flights of its grounded 787 Dreamliner in order to get more data on potentially faulty batteries, but they also demanded a closer look at how the batteries were approved.
Nominated to head the CIA, John Brennan told a protest-disrupted Senate confirmation hearing Thursday the United States employs drone strikes only as a deterrent against imminent terrorist threats, not as punishment for previous attacks.