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.
Insider selling at the biggest tech companies hit a record pace over the last six months even as investors snatched up shares, pushing the Nasdaq Composite Index to a 12-year high.
Retailers broadly missed analysts' estimates for same-store sales in March, a month that typically sees cold weather and slow hiring in the early weeks.
A top Federal Reserve official took an early stab at how the central bank should reduce its swelled balance sheet to a more normal size in the years ahead, arguing the current plan may need some adjusting.
New claims for unemployment benefits fell more than expected last week while import prices fell in March as weak petroleum costs offset a spike in food prices.
Claims that reform would boost the economy are challenged by those who say costs in job losses and spending on social programs would be too high a price.
A breakthrough agreement to expand background checks for gun buyers, boosts the prospects the Senate will approve at least some of President Barack Obama's proposed gun restrictions.
Despite lackluster sales of fully electric and extended range electric cars, President Obama's proposed budget for 2014 calls for $575 Million for the Energy Departments vehicle research budget.
President Obama submitted a 244-page budget proposal. The Fiscal Times dug through and found five critical—but easily overlooked—takeaways. Here they are.
For President Obama, new revenues depend on curbing deductions for affluent taxpayers and implementing Warren Buffett's minimum 30 percent tax for millionaires.
U.S. prosecutors in California filed criminal charges against Scott London, a former senior auditor at KPMG in Los Angeles, of conspiracy to commit securities fraud.
Three more top executives at J.C. Penney have left the ailing retailer, the New York Post reported, following the ouster of Chief Executive Ron Johnson.
One is, as always, expressing the president's priorities. The second is to lure Congressional Republicans, again, into negotiations for a budget "grand bargain."
A former KPMG senior audit partner who quit after admitting to passing on inside information about corporate clients Herbalife and Skechers USA was identified by the golf partner he had been tipping, the auditor's lawyer said.
Cutting lines at airports used to be only for the rich, famous or very frequent fliers. But then airlines started granting fast-track access to anybody who was willing to shell out a few extra dollars.