As the Federal Reserve mulls reducing asset purchases, the improved labor market is spurring debate between Fed "hawks" and "doves" over what the right policy decision should be.
Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move jurisdictions to lighten their tax burden.
Lois Lerner, the IRS official at the center of the political targeting scandal plans to assert her constitutional right not to answer questions from a congressional committee.
As EU regulators mull introducing the world's strictest bonus cap, the president of the European parliament told CNBC that the plan could put pressure on the U.S. to follow suit.
Applications for home mortgages dropped last week for a second-straight week as a spike in interest rates stymied demand for refinancing, the Mortgage Bankers Association says.
Once the dust settles and the victims have been accounted for, Moore, Okla., will begin the gargantuan task of rebuilding itself. It's a task that will take billions of dollars in federal and state aid, insurance claims and charitable donations, the CSM reports.
The Fed Chairman is expected to maintain his dovish tone when he speaks to Congress Wednesday and dispel notions the Fed is ready to cut back its easing policy.
Teen use of Twitter has grown significantly, a new report into social media networks shows, while Facebook is losing market share to its quick-messaging rival.
Yahoo CEO Marissa Mayer tells CNBC the $1.1 billion deal for Tumblr is "part of enhancing our growth story" and the company will remain independent, even under Yahoo's ownership.
Despite all the negative headlines, Chinese investment in the US hit an all-time record in 2012: $6.5 billion. It will likely surpass that level in 2013.
Despite huge cutbacks in government spending, some high level federal executives are scheduled to get millions of dollars in bonuses, unless a law is passed.
Top Internal Revenue Service officials told Congress on Tuesday they were unaware of the agency's targeting of conservative groups for extra tax scrutiny until recently.
Rescuers desperately search for survivors in the rubble of flattened communities a day after a 2-mile-wide tornado carved a path of destruction in Oklahoma.
Thanks to the brightening employment picture and an uptick in the housing market, Americans are packing up and relocating. And the pace is likely to pick up this summer.
The focus is on brave entrepreneurs who have turned their passions into businesses: Waitressville, Summit Coffee, and New York Dog Nanny. The crowd will decide which one of these determined businesses takes home the $50,000.