Barack Obama

The nonpartisan Congressional Budget Office is warning that if $607 billion in tax increases and spending cuts all hit as scheduled, the U.S. will likely go into recession in 2013. It's a "fiscal cliff" we don't have to jump off.

Barack Obama may have said, "There are no red states or blue states, just the United States," but when it comes to our online shopping and bill-paying patterns, there are some notable divides in our habits.

It's widely known that millionaires and billionaires pay taxes at a lower rate than those of us who make much less. But did you know that Americans collectively pay far higher income tax rates than many U.S. companies with billions of dollars in profits?

U.S. employers pulled back on hiring in April for the second straight month, evidence of an economy still growing only sluggishly. The unemployment rate dipped, but only because more people gave up looking for work.

Last week, President Obama signed an executive order to protect veterans, soldiers and their families from being swindled and hoodwinked by for-profit schools. Check out some of these shady behaviors, and you'll understand what set Obama off.

The student debt crisis isn't just an issue for fresh-faced Gen Y'ers. Thanks in part to the Great Recession, an older cadre is finding itself buried under the weight of billions of dollars in unserviceable loans.

The Senate rejected a Republican attempt Tuesday to overturn new regulations designed to give unions quicker representation elections in their effort to organize more workplaces. One GOP senator, Alaska's Lisa Murkowski, joined the unanimous Democrats in backing the new NLRB rules.

The White House says President Barack Obama and his family paid more than $160,000 in federal taxes last year.

President Obama is making the Buffett Rule -- a minimum tax on millionaires who get off easy under the current tax code -- one of the centerpiece of his re-election campaign. Here's what adoption of the tax might mean for all of us.

On Thursday afternoon, President Obama signed the JOBS Act, and among the changes it will bring to the world of business startups is one that makes use of a rising trend: The power of crowdsourcing.