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The White House said its counsel was told on April 24 about the preliminary findings of an IRS audit that showed IRS employees targeting conservative groups for extra scrutiny.
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Settlement talks between Steve Cohen's hedge fund SAC Capital and the government have broken down, according to sources.
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With news that authorities seized assets of the world's largest bitcoin exchange, traders and other people interested in the digital currency are looking nervously at the future.
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Millions of Americans have walked away from GM, Ford and Chrysler because of quality, reliability and service problems. But times are changing in Detroit.
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Rival online takeout services Seamless North America and GrubHub will combine and create a company covering more than 20,000 restaurants in 500 U.S. cities.
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Prices are just stabilizing in South Carolina, but in Long Island's Hamptons, home prices are roaring back and rentals are fully booked for the season.
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Whatever course it chooses, the Fed will have to grapple with the reality that while its policies have helped stocks, they've been less effective at growing the economy.
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The Supreme Court agrees to consider whether mutual fund employees are subject to the same whistleblower protections as those who work for publicly traded companies.
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Markets are on alert for Fed speak this week, and whether that could finally trigger 'Sell in May.'
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Yahoo said Monday it will buy blogging website Tumblr for $1.1 billion cash, in a bold move to make itself more relevant amid the explosion in social media on the Internet.
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Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.
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The Federal Reserve should not go from "wild turkey" monetary policy to "cold turkey" overnight, Dallas Fed President Richard Fisher told CNBC on Monday.
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Hackers working for China's army appear to have resumed their attacks on U.S. companies. The NYT reports.
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The White House said its counsel was told on April 24 about the preliminary findings of an IRS audit that showed IRS employees targeting conservative groups for extra scrutiny.
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A day before Apple CEO Tim Cook heads to Washington, the Senate released a report that showed Apple used an unusual global tax structure to pay little or no taxes.
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With the $1.1 billion acquisition of Tumblr, Yahoo is putting a serious claim in for the future of social and mobile technology. The deal will be a test for Marissa Mayer.
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Chicago Fed President Charles Evans said the Fed has the appropriate level of monetary accommodation in place to let the reach "escape velocity" next year.
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After a scandal filled year, the chairman and CEO of JPMorgan Chase is in one of the greatest fights of his life.
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.160x105.jpg?v=1368731367 "Stocks Getting Scarce as Fed-Driven Rally Sees No End")
Easy monetary policy by the Federal Reserve and other central banks is limiting supply of stocks, as well as fueling asset bubbles, one analyst warned on Monday.
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The Obama administration on Friday said it was ready to free up about $260 billion so the nation could continue paying its bills as a temporary debt ceiling suspension lapses.
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If you're lucky enough to win the upcoming half-billion-dollar Powerball, you'll also be putting a big smile on Uncle Sam's face. That's because the tax burden will be substantial.
U.S. Video
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Rep. Tom Cole, (R-OK), offers insight on the tornado which ripped through Oklahoma today.
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Insight on earnings and the rally, with Henry Blodget, Business Insider, and Zachary Karabell, River Twice Research.
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emergency crews are working to rescue trapped people in Moore, Oklahoma, with Henry Blodget, Business Insider. Meanwile CNBC's Eamon Javers discusses today's hearing on bringing offshore cash back to the U.S.