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.
A popular U.S. visa program for skilled workers is likely to hit its quota within days after its application period opens, triggering a lottery and signaling that companies feel confident about the economy.
Amazon has hired a 20-year Microsoft veteran who most recently worked in its Windows Phone unit, fueling speculation that the online retailer and Kindle maker may be developing a smartphone. The Financial Times reports.
Tax incentives to spur retirement-plan contributions lead only relatively wealthy, well educated Americans to save more, studies show. Automatic contributions work much better.
The Federal Reserve may be able to reduce its bond-buying stimulus plan before the end of this year if economic growth continues to pick up and employment improves further, a top central bank official said.
Nasdaq OMX's $750 million deal to buy the eSpeed platform for trading U.S. Treasurys was a bet the government will keep maxing out the nation's credit card, CEO Robert Greifeld told CNBC.
President Barack Obama is leaning toward picking Caroline Kennedy to be the next U.S. ambassador to Japan, a source familiar with the process said on Monday.
An increase in the issuance of high-yielding bonds alongside leverage to purchase this debt has sparked renewed fears of a bubble in the credit markets, with one bank warning investors of the threats involved.
A Manhattan federal judge on Monday signaled he will not rubber-stamp Citigroup's proposed $590 million settlement of a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets.
Following intense lobbying from the health insurance industry and members of Congress, the U.S. government said it will increase the payment rate for health insurers that offer coverage through the popular Medicare Advantage program.
The United States has positioned a warship off the Korean coast as a shield against ballistic missile attack as South Korea's new president vowed swift retaliation against a North Korean strike.
With only six months before the start of enrollment for Obamacare, state and federal health officials are racing to get insurance regulations and systems up and running in time.
Howard Dean (D) former VT Governor, and Sean Spicer, Republican National Committee, discuss the IRS scandal, the AP phone records issue, Benghazi talking points, and missing terrorists.
Seema Mody reports on Apple CEO Tim Cook's statement that corporate taxes are too high, ahead of his Congressional testimony next week. With Dean Garfield, Information Technology Industry Council, and Arthur Laffer, Laffer Associates chairman.