Wall St. Shrugs Off Economic News; Finance, Tech Stocks Gain by DailyFinance Staff May 30th 2013 5:10PM Stocks ended higher Thursday. The feeling on Wall Street is that economic numbers and trouble overseas will discourage the Fed from ending its bond-buying program soon.
Nasdaq to Pay $10M to Settle Facebook IPO Claims by Reuters May 29th 2013 2:15PM Nasdaq agrees to pay $10 million to settle civil charges stemming from mistakes made during Facebook's initial public offering last year.
Fear of Fed Policy Change Weighs on Markets by The Associated Press May 29th 2013 7:10AM Worries that the U.S. Federal Reserve will start to reduce the amount of financial assets it buys weighed on markets Wednesday.
3-D Printed Guns Not the Biggest DIY Danger by Bruce Watson May 27th 2013 1:30PM Forget 3-D printed guns: A much bigger safety danger is that the most fearsome weapon on the market can be made in a garage for a fraction of the price.
Will the Bank's Word Be Law? Citi Drafts Reform Rollback Bills by Eamon Murphy May 24th 2013 6:30PM Big banks seeking to roll back financial reform have returned to lawmakers' good graces -- not just Republicans who always opposed the regulations, but many Democrats, too.
Memorial Day, Sequester-Style: Is This How We Honor Soldiers? by Bruce Watson May 24th 2013 6:00PM This Memorial Day, America remembers its war dead, even as the latest sequestration cuts siphon money from our veterans and the families of our soldiers -- living and fallen.
Think Tank's Idea to Cut U.S. Budget: Fire 'Slacker' Soldiers by Rich Smith May 24th 2013 11:45AM What is the best way to maintain a strong U.S. military in an era of budget cuts? A new report from the nonpartisan Stimson Center has a surprising answer.
Congress' Top 3 Complaints About the Slow Economic Recovery by Justin Loiseau May 24th 2013 11:27AM Straight from the horse's mouth -- that of Rep. Kevin Brady, chairman of the Joint Economic Committee -- here are Congress' top three complaints about our economic recovery.
The Real Economic Outlook Behind Bernanke's Numbers by Justin Loiseau May 24th 2013 5:00AM Dig deeper into Fed Chairman Bernanke's remarks to Congress this week and you'll see the fragile roots of our economic recovery.
Proxy Advisory Firm Fined $300K for Alleged Data Breach by Reuters May 23rd 2013 2:25PM ISS settled civil charges by U.S. regulators that an employee of the prominent proxy advisory firm shared nonpublic voting data in exchange for meals and concert tickets.
Specter of Higher Interest Rates Weighs on Markets by DailyFinance Staff May 23rd 2013 9:28AM Fed Chairman Ben Bernanke warns the central bank could begin winding down its bond buying program later this year, adding uncertainty that's likely to weigh on markets.
Welcome to the Club, Tea Party: Previous Political IRS Scandals by Eamon Murphy May 22nd 2013 12:20PM Scandalous, potentially politically motivated behavior at the IRS? Not only isn't that new, it was often far worse. Let's review some lowlights of the IRS's last century.
Dow, S&P End at Records on Fed Officials' Reassurance by Reuters May 21st 2013 5:05PM US stocks rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as Federal Reserve officials' comments eased concerns about the end of stimulus...
Tempest in a Tea Party: The IRS Scandal at a Glance by The Associated Press May 19th 2013 9:57AM The IRS, unloved in the best of times, is headed for a bumpy ride in the face of a Justice Department criminal investigation and multiple congressional inquiries.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
IRS Says It's Sorry for Targeting Conservative Groups by The Associated Press May 10th 2013 11:25AM The IRS is apologizing for inappropriately flagging conservative political groups for reviews during the 2012 election to see if they were violating their tax-exempt status.
Bernanke: Fed Increasing Oversight Beyond Banks by The Associated Press May 10th 2013 10:50AM The Fed has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another crisis, Chairman Ben Bernanke said Friday.
