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Lois Lerner, the IRS official whose unit is at the center of the alleged Tea Party targeting, has been placed on administrative leave and an acting director has been named.
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Herbalife earnings beat expectations for a 17th straight quarter but its second-quarter outlook fell short.
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Before the recession, non-Hispanic white families, on average, were about four times as wealthy as nonwhite families, according to a new study. By 2010, whites were about six times as wealthy.
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Some businesses have reopened, but many others remain closed. Slow cleanup and lack of connectivity are among the roadblocks. An update from the Jersey Shore to lower Manhattan.
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Americans spent more in March and their income grew, the latest indication that consumers are shrugging off a tax increase.
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Newly minted college grads entering the job market could face another hurdle. Managers say many perform poorly — even bizarrely — in job interviews. USA Today reports.
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To retirees, the offers can sound like the answer to every money worry: convert tomorrow's pension checks into today's hard cash. NYT Reports.
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The Bureau of Economic Analysis is about to overhaul the way it tracks the growth of the American economy. The new accounting rules will give more weight to "intangible and intellectual" assets.
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Contracts to buy existing homes rose slightly in March, as an historically low supply of for-sale listings nationwide continues to plague the housing market.
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Legislation to force Internet retailers to collect sales taxes has put antitax activists like Grover Norquist in an unusual position: They're losing. The NYT reports.
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The iconic Empire State Building has been at the center of battles for control by larger-than-life figures. A new one is coming to a head. The NY Times reports.
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High-frequency traders are facing "speed limits" on a major trading platform, which is being touted as a template for a regulatory clampdown on computer-driven activity, the FT reports.
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Smarter machines are taking aim at the very people who analyze the merits of a company and who make buying and selling decisions based on that analysis.
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The flaccid GDP report may stem from deficit-cutting moves, including a 2 percent payroll tax hike that kicked in Jan. 1 and ongoing budget cuts. NBC News reports.
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With the April unemployment report coming Friday, weak corporate top-line growth is likely to spell an equally troubled bottom line for the unemployed.
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A former taekwondo instructor was taken into custody early Saturday by federal authorities in Mississippi, accused of mailing letters containing the poison ricin to the president, a United States senator and a local judge.
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Unemployment fraud is costing the government billions of dollars in paid benefits to people who are still working, dead or are behind bars, a Fed study finds.
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The rise of "superbugs," and pressure from the government and insurers, is driving hospitals to try all sorts of new approaches to stop their spread.
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President Barack Obama plans to nominate Charlotte, North Carolina, Mayor Anthony Foxx to be his next transportation secretary, a White House official said on Sunday.
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Germany's Bayer has agreed to buy U.S. contraceptive devices maker Conceptus for $1.1 billion, aiming to underpin its position as the world's largest women's healthcare provider.
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The idea of food being "the next big thing" is enticing a wide group of venture capitalists in Silicon Valley into making big bets on food, The New York Times Reports.
U.S. Video
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Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
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Mad Money host Jim Cramer shares his final thoughts of the day. A look at how a money-loser like ChannelAdvisor can roar on the same day as a money maker like Hewlett-Packard.
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Mad Money's Jim Cramer asks MarkWest Energy CEO Frank Semple about American energy independence, and how to play the major energy boom.