CNBC's John Harwood takes a look at why the stock market doesn't seem to care about tomorrow's sequester, as the Dow heads toward an all-time high.
House Budget Chairman Paul Ryan told CNBC that he expects the across-the-board spending cuts known as the "sequester" take effect after Friday's deadline.
On paper, the spending cuts, due to kick in on Friday, promise $85 billion in budget savings. In reality, the "sequester" is likely to yield less than half that much.
Unemployment probably won't reach the 6 percent level until 2016, Federal Reserve Chairman Ben Bernanke told Congress on Wednesday.
Median-income families in only one major U.S. city actually can afford to buy a new car, a new study finds.
An omission by the Obama administration last week underscored the U.S.'s heightened sensitivities over how directly to confront China's new leadership over hacking.
CNBC's John Harwood reports the latest in Washington where President Obama is speaking out on Republicans and tax reform.
Consider chief financial officers as the ones manning the front lines in the battle against black swans.
The White House issued more dire warnings about the harm the cuts will do to Americans, breaking down the loss of jobs and services to each of the states.
Japanese Prime Minister Shinzo Abe will be seeking to put a strong U.S.-Japan alliance on full display in the face of potential threats in Asia when he meets U.S. President Barack Obama on Friday.
The public is only dimly aware of automatic budget cuts set for next week despite weeks of dire warnings from Washington, according to a poll.
The Justice Department and AB InBev asked a court for a short delay as the Budweiser parent seeks to save a $20 billion beer deal.
The FCC's proposal would open up for public use some of the airwaves now largely used by government entities, including the Pentagon and the FAA, for navigation, surveillance and other activities.
Bank of America CEO Brian Moynihan got a 73% pay increase in 2012, when the bank resolved crisis-era lawsuits and its stock was one of the sector's top performers.
President Barack Obama will make a fresh push to force Republicans to make concessions that will head off budget cuts that appear to kick in starting on March 1.
Japanese Prime Minister Shinzo Abe is out to prove that the man who threw in the towel after barely a year in office has what it takes to survive as a long-term leader.
Investors who fled in fear over potentially massive tax increases associated with the "fiscal cliff" have barely broken a sweat over corresponding spending cuts.
House conservatives want to extend to a full three years the current freeze on cost-of-living pay increases for the nation's 2 million civilian federal workers.
'Currency wars' will come to Moscow on Friday as finance officials from the Group of 20 nations spar over Japan's expansive policies that have driven down the value of the yen.
Discussing President Obama's aim to increase the minimum wage to $9 per hour and what impact that would have on businesses, with Kevin Hassett, AEI Economic Policy Studies; Kellyanne Conway, The Polling Company; and Michael Ozanian, Forbes.