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.
Fannie Mae Posts Record $60B Quarterly Profit by The Associated Press May 10th 2013 6:13AM Mortgage-backer Fannie Mae will pay a dividend of $59.4 billion to the U.S. Treasury next month, a feat thought unthinkable just a few years ago following a federal bailout.
Court: U.S. Can Pursue Case Against BofA Over Mortgages by Reuters May 8th 2013 3:35PM A federal judge rules that the U.S. can pursue parts of a civil lawsuit against Bank of America for its sale of toxic mortgages to Fannie Mae and Freddie Mac.
Health Care System's Biggest Problem Isn't Cost; It's Quality by Rich Smith May 8th 2013 10:24AM Washington may have passed Obamacare to reform the health care system and reduce costs, but it turns out high cost isn't Americans' No. 1 gripe about our health care system.