The House rejected a move by Democrats to add unemployment benefits to the bill.
On The Money
Merrill Lynch has agreed to pay more than $131 million to settle Securities and Exchange Commission (SEC) charges that it lied about details of some of its structured financial products.
Justin Sink 12/12/13 01:57 PM EST
Congress signaled it would not address the unemployment insurance issue before its recess.
Liberals are angry the budget deal doesn't extend unemployment benefits.
The ex-senator is stepping aside as chief of SIFMA, a job he had taken in May.
House Ways and Means Chairman Dave Camp (R-Mich) has kept tax reform details close to the vest, but now says that hiking the capital gains and dividends rate won't be part of his plan.
Russell Berman 12/12/13 12:23 PM EST
Boehner repeatedly denounced the groups that dogged his Speakership.
Mike Lillis 12/12/13 11:55 AM EST
She said her concerns are outweighed by the need to solidify a budget blueprint.
First-time claims for unemployment benefits rose sharply last week, most likely because of volatile year-end seasonal factors.
Applications increased 68,000 to a seasonally adjusted 368,000, mostly due to adjustments to the data because of the Thanksgiving holiday, the Labor Department reported on Thursday.
An experimental New York Fed program could be the future for setting interest rates.