Rising Consumer Demand Boosts Organic Industry Clout by The Associated Press May 18th 2013 5:00AM The organic food industry is gaining clout on Capitol Hill, but it isn't going over well with everyone in Congress.
Obama: Congress Needs to Focus on Job Creation by The Associated Press May 17th 2013 2:31PM Obama pushes Washington lawmakers to focus on job creation during a trip to Baltimore to visit a manufacturer of pumping and digging equipment.
GM Shares Top Level Not Seen Since 2011 by The Associated Press May 17th 2013 1:11PM Shares of General Motors reached an important milestone on Friday, topping their initial public offering price of $33 for the first time in more than two years.
Economy Shrugging off Spring Slowdown, Reports Suggest by Reuters May 17th 2013 10:16AM U.S. consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects.
Obama Shifts Focus to Jobs by The Associated Press May 17th 2013 8:02AM President Barack Obama leaves behind scandal-focused Washington to focus on the country's slowly improving jobs picture.
Obama Picks OMB Chief to Run Embattled IRS by The Associated Press May 17th 2013 6:46AM President Obama picked a senior White House budget expert Thursday to become the acting head of the IRS, the same day another top official announced plans to leave the agency.
How to Get Rich by Banking on the Echo Boomers by Adam J. Wiederman May 17th 2013 5:00AM Although the economic potential of echo boomers may not be as promising as some are expecting, there are several ways investors can profit from their behavior.
Wall Street Sags After Fed Comments, But Cisco Surges by Reuters May 16th 2013 4:55PM U.S. stocks fell on Thursday, with the downturn accelerating after a Federal Reserve official said the central bank could begin easing up on its monetary stimulus this summer.
5 New Rules on Federal Student Loans by Kiplinger May 16th 2013 12:40PM Interest on popular loans will cost more, and grad students will need better credit, but repayment plans will be more generous.
Consumer Prices Tumble in April, Driven Down by Gas Prices by Reuters May 16th 2013 8:58AM A sharp drop in gasoline costs led U.S. consumer prices to tumble in April by the most in more than four years.
U.S. Housing Starts Plummet in April, But Permits Surge by The Associated Press May 16th 2013 8:47AM Ground-breaking for new U.S. homes plummeted more than expected in April from an almost five-year high.
Congress Divided Over Federal Food-Stamp Program by The Associated Press May 16th 2013 6:53AM House and Senate committees have laid the groundwork this week for reducing the size of the federal food stamp program, approving farm bills that would shrink food aid.
IRS Official Resigns, But Investigations Won't End by The Associated Press May 16th 2013 6:04AM The acting commissioner for the IRS, Steven Miller, has resigned, but don't look for the outcry over the agency's improper targeting of tea party groups to subside.
Acting IRS Head Steven Miller to Resign, Says Obama by Eamon Murphy May 15th 2013 6:35PM Speaking on the controversy over the Internal Revenue Service's treatment of conservative political groups, President Obama said acting IRS commissioner Steven Miller was out.
Amazon Just Gave You 500 Coins. Now What? by Rich Smith May 15th 2013 12:53PM If you own an Amazon Kindle Fire, then chances are, today you're 500 richer in Amazon Coin. But is it really worth dealing in this new virtual currency?
Extended Unemployment Benefits Don't Discourage Job Seeking: Fed by CNBC May 15th 2013 12:33PM Despite arguments to the contrary, giving unemployed Americans extended jobless benefits of up to 99 weeks didn't prevent them from taking jobs, according a new report.
Today's Billion-Dollar Start-Ups Should Be Thanking the Fed by CNBC May 15th 2013 12:00PM The list of start-ups valued at over $1 billion just keeps getting longer, and not just due to the potential of their cool tech. They're also getting a big boost from the Fed.
U.S. Factory Output Sees Broad Decline in April by The Associated Press May 15th 2013 9:35AM U.S. factories cut back sharply on production in April, as auto companies cranked out fewer cars and most other industries reduced output.
Producer Prices Post Biggest Drop in Three Years by Reuters May 15th 2013 8:57AM U.S. producer prices recorded their largest drop in three years in April as gasoline and food costs tumbled.
Lower Deficit Predictions May Hamper U.S. Budget Deal by The Associated Press May 15th 2013 6:17AM The recovering economy is producing greater tax revenues, but an improving deficit picture also reflects the accumulating effects of prior rounds of spending cuts.
America's First Big-City Bankruptcy of 2013 by Rich Smith May 15th 2013 5:00AM For the time being at least, Detroit can claim the distinction of having been the biggest U.S. city to ever go completely bust.
Spy Finances: What's the Going Rate for Espionage in Russia? by Eamon Murphy May 14th 2013 5:20PM Russia's FSB has accused a U.S. diplomat of being a CIA agent trying to recruit more spies for Uncle Sam. If their evidence is legit, double agent is a very high paying gig.
Feds Investigating Chrysler Models for Engine Stalling by The Associated Press May 14th 2013 1:25PM U.S. auto safety regulators are investigating complaints that the engines can stall without warning in three Chrysler and Dodge brand cars.
Cheaper Oil Drives Import Prices Down in April by Reuters May 14th 2013 8:45AM U.S. import prices fell in April due to a drop in oil costs, a positive sign for household finances that also pointed to benign inflation pressures.
Amtrak's New Locomotives Symbolize Railroad's Revival by The Associated Press May 13th 2013 1:03PM Amtrak is unveiling the first of 70 new locomotives, marking what the railroad hopes will be a new era of better reliability, streamlined maintenance and increased efficiency.
Business Inventories Flat in March; Sales Down Sharply by The Associated Press May 13th 2013 10:22AM U.S. business inventories were unchanged in March for a second straight month, while business sales fell the most since June.
April Retail Sales Unexpectedly Rise by Reuters May 13th 2013 8:48AM U.S. retail sales unexpectedly rose in April as households bought automobiles, building materials and a range of other goods, pointing to underlying strength in the economy.
Bloomberg Probed Over Reporters' Access to Client Data by Reuters May 13th 2013 8:16AM Bloomberg customers were examining whether there could have been leaks of confidential information, even as the media company restricted its reporters' access to client data.
Fed to Wind Down Stimulus Program, but When? by DailyFinance Staff May 13th 2013 12:20AM The Fed's bond-buying program has been one of the main drivers of the market rally over the past nine months. Now the central bank has reportedly decided on its next move.
Delayed Launch: How (and Why) to Postpone Your Job Market Debut by Bruce Watson May 11th 2013 5:00AM If you just got your diploma, but aren't quite ready for the job market (or you think it's not ready for you), here are a few things to do while you wait for hiring to...
Treasury Reports Rare $113B Surplus in April by The Associated Press May 10th 2013 2:38PM The U.S. Treasury said Friday that it took in a rare surplus of $113 billion in April, the largest in five years.
Congress' Tax Chiefs Want You to Help Make the Tax Code Simpler by Muneeza Iqbal May 10th 2013 11:43AM If filing your taxes makes you crazy, now's your chance to do something about it. Two key lawmakers are asking ordinary Americans for advice on improving the U.S. tax code.