CNBC's Eamon Javers reports the IRS is now poised to pay $70 million in bonuses to some employees. Sen. Charles Grassley (R-IA) says the report is accurate. "The priorities at the agency are certainly not the taxpayers," he says.
A report from Capgemini and RBC shows 12 million millionaires worldwide, whose fortunes grew 10 percent to a record $46 trillion, reports CNBC's Robert Frank. Janet Engles, RBC Wealth Management, weighs in.
Diana Furchtgott-Roth, Manhattan Institute senior fellow, parses the data and says the comparison is bogus.
Saudi Arabia's Prince Alwaleed bin Talal is suing Forbes for libel, reports CNBC's Robert Frank. Forbes estimated his wealth at $20 billion and Prince Alwaleed says he's worth $29.6 billion.
CNBC's Rick Santelli reports the latest numbers on the economy and discusses its impact on the markets, with CNBC's Steve Liesman.
A growing number of 20-somethings are entering the workforce, but aren't spending money on cars. Sheryl Connelly, Ford Motor Company, and Jason Dorsey, The Gen Y Guy, offer insight.
Halsey Minor co-founded CNet and has filed for Chapter 7 liquidation, reports CNBC's Robert Frank. His liabilities were listed as $50-$100 million and his assets between $10-$50 million.
Do Americans work too hard? The U.S. is the only nation that doesn't guarantee paid vacations or holidays. Cali Williams Yost, CEO and founder of Work + Life Fit, offers insight.
Consider any information posted online to be public when it comes to your tax return, reports CNBC's Jackie DeAngelis.
Rep. Kevin Yoder (R-KS) shares his reaction to news the IRS targeted conservative groups. "Americans are expecting Congress and the Federal Government to get to the bottom of this, and to make sure this never happens again," he says.
When singer-songwriter Lauryn Hill recorded her Grammy-winning album, she had no idea the money would ultimately put her behind bars, reports CNBC's Robert Frank.
CNBC's Rick Santelli has the latest numbers on the economy and its impact on the markets, with CNBC's Steve Liesman.
Citi shareholders voted to approve CEO Mike Corbat's $11.5 million pay package, reports CNBC's Kayla Tausche. Investors also grilled executives about breaking up the bank.
President Barack Obama's budget plan would change how increases in Social Security benefits are calculated. Experts say that could be devastating to recipients who need cost-of-living adjustments to survive.
Despite changes to the alternative minimum tax rules, millions will still have to pay it and the number of obligated taxpayers will keep growing.
About half of the population 85 and older have some sort of impairment that makes managing with finances difficult.
CNBC's Rick Santelli breaks down the latest economic data on income and spending, and discusses what it indicates about the economy and its impact on the markets, with CNBC's Steve Liesman.
Americans under 35 are carrying substantially less debt than they were before the 2008 meltdown, according to an analysis released Thursday by The Pew Research Center. Yet they've also put off the big ticket purchases.
New data show uneven benefits from the economic recovery of 2010-11, with a big rise for the highest earners and little change for others. The New York Times reports.
CNBC's Rick Santelli breaks down the data on unemployment, consumer spending, and personal income. And, CNBC's Steve Liesman explains what it indicates about the U.S. economy and its impact on the markets.