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The Fed could begin slowing its efforts to maintain record-low long-term interest rates as early as summer.
JC Penney said its credit line has been increased to $2.25 billion from $1.75 billion.
U.S. home sales rise slightly to 4.97 million in April, highest in 3 1/2 years as inventories jump.
President Obama will meet with families affected by the Tornado in Oklahoma on Sunday. Sen. Tom Coburn (R-OK) shares his appreciation for the leadership in his state that has risen midst tragedy.
Gov. Tom Corbett (R-PA) and Austan Goolsbee, Chicago Booth School of Business, discuss the energy boom and the economic recovery in the U.S.
IRS director of tax exempt organizations Lois Lerner invoked her 5th Amendment rights and was dismissed from the hearing today. Gov. Tom Corbett (R-PA); Joseph diGenova, Former U.S. Attorney; and Austan Gooslbee, Chicago Booth School of Business, discuss.
