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Government business and finance

  • Ron Wyden

    Wyden: FracFocus a 'constructive' tool on drilling

    A website partially funded by the oil and gas industry could be a "constructive" tool for federal regulators as they consider requiring public ... 

  • Mary J. Blige

    Mary J. Blige faces $3.4M federal tax lien in NJ

    Mary J. Blige and her husband have been hit with a $3.4 million tax lien in New Jersey. Court documents show the Internal Revenue Service filed a ... 

  • US rate on 30-year mortgages rises to 3.59 pct.

    Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close ... 

  • EU performs abrupt U-turn on olive oil regulation

    The EU has something important to say about its proposal to regulate olive oil on restaurant tables: Uh, never mind. Last week, the European ... 

  • Applications for US unemployment aid fall to 340K

    The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job ... 

  • Japan gyrations underline economy's vulnerability

    Japan's financial markets gyrated wildly Thursday, underscoring the vulnerability of its economy to a loss of investor confidence as Prime Minister ... 

  • Lois Lerner

    Broke no laws, IRS official says - then takes 5th

    At the center of a political storm, an Internal Revenue Service supervisor whose agents targeted conservative groups swore Wednesday she did nothing ... 

  • John Urbanowicz

    Stocks fall on news Fed weighed cutting stimulus

    The Federal Reserve took financial markets for a ride Wednesday, pushing stock prices up in the morning then sending them down in the afternoon. 

  • John McCain, James Inhofe

    Senate rejects bid to let states run food stamps

    The Senate on Wednesday rejected a Republican bid to turn the federal food stamp program over to the states. Known as the Supplemental Nutrition ... 

  • Obama threatens veto of House student loan plan

    President Barack Obama on Wednesday threatened to veto legislation by House Republicans that would avert a doubling of student loan interest rates on ... 

  • Vatican releases 1st report of financial watchdog

    The Vatican took another step Wednesday to show greater financial transparency by publishing the first annual report from its financial watchdog ... 

  • Fiat Industrial aims to shift tax home to Britain

    Fiat Industrial disputed as "absolutely false" reports Wednesday that Italy would lose 500 million euros ($646 million) in tax revenues if it moves ... 

  • Francois Hollande

    EU steps up fight against tax evasion by end 2013

    The European Union's leaders took a major step in tackling tax-dodgers Wednesday by pushing to end bank secrecy across the bloc's 27 members by the ... 

  • Ben Bernanke

    Bernanke signals Fed to maintain stimulus efforts

    Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its ... 

  • House preserves its own budget as others face cuts

    House lawmakers are moving to protect Capitol Hill's budget even as they're working to slash other programs like education, health research, water ... 

  • Weak yen a help for Japan, but headache elsewhere

    A steady fall in the value of the yen is proving a godsend for exporters such as Toyota. The cheaper yen is making their products more affordable ... 

  • GOP questions IRS scrutiny of anti-abortion groups

    When a small anti-abortion group in Iowa sought nonprofit status, the Internal Revenue Service asked its board to promise not to organize protests ... 

  • Feds open special inspection into NC nuke plant

    Federal regulators said Wednesday that they are conducting a special inspection of a nuclear power plant outside North Carolina's capital city that ... 

  • Carl Levin, John McCain

    Republican divisions may hinder party's momentum

    A string of unrelated events is highlighting divisions among Republicans just when they'd like to show a united front and take full advantage of ... 

  • Eric Garcetti

    Garcetti holds slim lead as LA picks new mayor

    Councilman Eric Garcetti held a slender edge Tuesday in early returns over city Controller Wendy Greuel to become the next Los Angeles mayor, while ... 

  • Japan's central bank says economy picking up

    Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home, ... 

  • Asia stocks rise as Fed official backs easy policy

    Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official's comments that the U.S. 

  • Ben Bernanke

    Bernanke testimony to be studied for policy clues

    When Ben Bernanke testifies about the U.S. economy Wednesday, the Federal Reserve chairman's words will be examined for any clues that the Fed might ... 

  • Tim Cook

    Apple case seen as possible spur to tax action

    Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on ... 

  • Richard Durbin, Chuck Schumer

    Senate panel approves immigration bill

    Far-reaching legislation to grant a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary ... 

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