The Federal Reserve is committed to pushing policies to support the economy recovery, even as a return to normal is expected in the coming years, according to Chairwoman Janet Yellen.
On The Money
Homebuilders picked up the pace of new construction in March, a sign that the housing recovery could accelerate this spring.
Chris Chocola, president of the free market group, calls the extension of the expired tax incentives a "special-interest orgy."
Megan R. Wilson 04/16/14 06:00 AM EDT
House Ways and Means Committee Chairman Dave Camp would be coveted by private sector.
The president will announce the funding at event in western Pennsylvania.
The Obama administration issued a report Tuesday criticizing China for recent drops in the value of its currency and vowing to closely monitor the yuan’s progress and press for further policy changes.
The Treasury Department called China’s currency "significantly undervalued" but didn’t go as far as to deem China or any other nation a currency manipulator in its semiannual report to Congress.
The RNC is seeking documents about the IRS’s improper scrutiny of conservative groups.
A Senate committee is examining whether a well-known sweepstakes company is continuing to deceive consumers by making them think that they need to make purchases to improve their odds of winning large cash prizes.
A surge of hours worked by women over the past 35 years has boosted household incomes as well as economic growth, a new report showed on Tuesday.
The economy cranked out about $1.7 trillion more output in 2012, about 11 percent higher than 1979, as women, including mothers, worked more, according to the report released by the Center for American Progress and the Center for Economic and Policy Research.
Rumsfeld wants tax code reform in his lifetime, adding "there are not many years left.”