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.
Freddie Mac Posts Near-Record Profit in First Quarter by Reuters May 8th 2013 9:08AM Mortgage giant Freddie Mac earned $4.6 billion from January through March, helped by a stronger housing market.
Wary Consumers Push FDA to Revamp Food-Additive Rules by Reuters May 8th 2013 5:00AM Amid growing public concern over the safety of additives in food and beverages the FDA is facing pressure to reexamine its rules -- and there are signs it may do so.
Consumers Cut Back Credit Card Use in March by The Associated Press May 7th 2013 3:24PM Americans cut back on using their credit cards in March, suggesting many were reluctant to take on high-interest debt to make purchases.
