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  • Supreme Court Weighs Validity of Anti-Fraud Law Monday, 7 Dec 2009 | 12:07 PM ET

    The Supreme Court has raised doubts about the validity of part of the anti-fraud law enacted in response to Enron and other corporate scandals early this decade.

  • Death—Health Care Reform—And Taxes Monday, 7 Dec 2009 | 11:20 AM ET
    taxes.jpg

    Though there are a few key changes to keep in mind for your 2009 tax preparation, the estate tax and new taxes related to health care reform will definitely get your attention in 2010 and 2011.

  • Senate to Confront Abortion in Health Care Debate Monday, 7 Dec 2009 | 11:09 AM ET
    Stethescope and money

    Starting an eighth day of health care debate Monday, the top Senate Democrat said lawmakers are approaching the end game on the far-reaching legislation and fully expect to prevail. A vote on the divisive abortion issue was expected later in the day.

  • Officials have seized thousands of counterfeit toys worth $1.6 million along southern California border points.

  • A Study in Contrasts in Financial Overhaul Wednesday, 2 Dec 2009 | 11:54 AM ET
    Senate Banking, Housing and Urban Affairs Committee Chairman Christopher J. Dodd (D-CT) and ranking member Sen. Richard C. Shelby (R-AL)

    The overhaul of the financial regulatory system in Congress is a study of contrasts between the Senate and the House of Representatives, says the New York Times.

  • Case Closed but Woods Scrutiny Continues Wednesday, 2 Dec 2009 | 4:07 AM ET
    Tiger Woods

    Tiger Woods didn't have to say a word to get Florida troopers off his case. The same strategy may be harder to pull off when it comes to the tabloid media probing his private life.

  • RUSSIA1.jpg

    Russia's public image has been seriously tarnished over recent months, with accusations of corruption, human-rights abuses and fraud becoming commonplace.

  • US Businesses Already Moving On Ways to Curb Emissions Thursday, 26 Nov 2009 | 11:10 AM ET
    Carbon Emissions

    US corporations have long been bracing for the day they would have to make sharp cuts in their emissions. That day moved closer when President Obama outlined a target for such reductions, the New York Times reports

  • California Takes Step to Limit Emissions Wednesday, 25 Nov 2009 | 11:25 AM ET
    Carbon Emissions

    California has taken a major step toward creating a broad-based trading system to limit emissions of pollutants blamed for harmful climate change.

  • Judge Erases Couple's $525,000 Mortgage Payment Wednesday, 25 Nov 2009 | 11:03 AM ET
    Gavel

    A Suffolk judge cancelled $525,000 in mortgage payments being demanded by California bank OneWest and its IndyMac mortgage division, criticizing its "harsh, repugnant, shocking and repulsive" behavior, the New York Post reported Wednesday.

  • Federal Reserve

    A congressional plan to audit the Federal Reserve's decision-making process poses a serious threat to the economy, former Fed governor Frederic Mishkin said.

  • Madoff Trustee, Law Firm Submit $22.1 Million Bill Monday, 23 Nov 2009 | 12:49 PM ET
    Bernard Madoff

    Bernard Madoff's bankruptcy trustee and the law firm employing him submitted a $22.1 million legal bill covering five months of work.  Baker & Hostetler LLP is seeking $21.28 million of fees as counsel to court-appointed trustee Irving Picard for the five months ended Sept.

  • Senate Democrats Move Forward On Crucial Health Vote Friday, 20 Nov 2009 | 4:00 PM ET
    Stethescope and money

    With no margin for rebellion, Senate Democrats pushed toward a crucial weekend test vote on their sweeping health care bill Friday, and wavering moderates appeared to be falling in line on President Barack Obama's signature issue.

  • Twenty-Six People Charged in $50 Million FCC Scam Thursday, 19 Nov 2009 | 4:56 PM ET

    Twenty-six people were charged today with engaging in a scheme to steal more than $50 million from the Federal Communications Commission's Video Relay Service (VRS) program.

  • Lawmakers Seek Fed Audit for Mishandling AIG Bailout Wednesday, 18 Nov 2009 | 1:40 PM ET
    FED_RESERVE2.jpg

    A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group.

  • Risky Banks Would Get Broken Up In Kanjorski Plan Wednesday, 18 Nov 2009 | 8:54 AM ET
    bank_crisis_01.jpg

    Government regulators will break up institutions whose failure would bring down the entire financial system, under an amendment Rep. Paul Kanjorski will introduce today.

  • Democrats, Republicans at Odds Over BofA, Merrill Deal Tuesday, 17 Nov 2009 | 2:56 PM ET
    Bank of America

    A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said much pressure was applied and Republicans charged that a committee inquiry was covering up the role of an Obama administration official.

  • Afghanistan, Iraq Among the World's Most Corrupt Tuesday, 17 Nov 2009 | 9:44 AM ET
    Exchanging Money

    Afghanistan and Iraq, countries that receive billions of dollars a year in international support, are among the world's most corrupt nations, a watchdog group said in a report released Tuesday.

  • Financial Fraud Task Force to Be Announced Tuesday, 17 Nov 2009 | 4:54 AM ET

    The Treasury Department, Justice Department, Department of Housing and Urban Development and the Securities and Exchange Commission plan to form a taskforce to devote more resources to discovering and punishing those who commit financial fraud, NBC News has learned.

  • Law Seeks to Ban Misuse of Genetic Testing Monday, 16 Nov 2009 | 11:12 AM ET
    microscope_200.jpg

    The most important new antidiscrimination law in two decades — the Genetic Information Nondiscrimination Act — will take effect in the nation’s workplaces next weekend, prohibiting employers from requesting genetic testing or considering someone’s genetic background in hiring, firing or promotions. The New York Times explaines the ramifications.