McCarthy's withdrawal throws further uncertainty on congressional leadership ahead of crucial budget negotiations.» Read More
The government has released the final version of standards to help companies in nationally critical industries better defend against cyberattacks.
George Pataki, the former governor of New York, has joined the fight against online gambling, claiming it could be used for money laundering.
More than 1,500 hourly wage workers at Volkswagen Chattanooga are voting on whether to join the United Auto Workers.
Obama will sign an executive order on Wednesday to raise the minimum wage for federal contract workers to $10.10 an hour starting next year.
Calling too-big-to-fail banks "the most critical issue facing our financial system," a top Federal Reserve official urged new laws to address the problem.
The U.S. Treasury has received nearly $1 million in donations so far this year.
The GOP-controlled House has backed away from a battle over the government's debt cap and passed a measure extending Treasury's borrowing authority.
Federal Reserve Chair Janet Yellen defended the central bank's policy course, saying the central bank was trying to be as consistent as possible considering the difficulty of the task at hand.
At a news conference with French President Francois Hollande, Obama also acknowledged that Syrian peace talks are far from reaching their goal.
Federal Reserve Chair Janet Yellen promised a steady and consistent course forward, with less money printing but continued low rates.
The chairman of the House Financial Services Committee questioned on CNBC the usefulness of the Federal Reserve's forward guidance tool.
The Fed's Charles Plosser says it's always easier to lower interest rates to spur economic activity than to raise them to stop inflation.
In her first appearance before Congress, the Fed chair probably won't say she's backing off on tapering, POLITICO's Ben White says.
Companies employing 50-100 full-time workers will be exempt from Obamacare's mandate to offer employees affordable health insurance until 2016.
A tax exemption for mortgage debt forgiveness was not renewed late last year. That could spell trouble for struggling homeowners.
As health insurance becomes disconnected from work, people will rely less on their jobs to get coverage.
Domestic politics could be at the center of discussions between Hollande and Obama, as tea party-like movements gain popularity in France.
The campaign against increasing the minimum wage illustrates how groups are working in opaque ways to shape hot-button political debates.
Hundreds of people with HIV/AIDS trying to obtain coverage under Obamacare are in danger of being thrown out of their insurance plan.
U.S. Treasury Secretary Jack Lew urged Congress Friday to increase the debt ceiling, saying the Treasury is not confident extraordinary measures will last beyond Feb. 27.