By Joseph Lawler | 09/30/14 07:29 PM
"When you're talking about millions of hours wasted filling out forms, and hundreds of forms you can't submit online, it's sort of shocking," said the study's author, AAF director of regulatory policy Sam Batkins.
09/30/14 08:00 PM
NEW YORK (AP) — PayPal's impending split from long-time partner eBay Inc. will ratchet up its appeal to online retail competitors such as Amazon.com and give it the freedom to aggressively take on new mobile pay challenger Apple Pay. For eBay, the challenge will be how to drive revenue without...
By Joseph Lawler | 09/30/14 07:33 PM
A federal judge on Tuesday dismissed a lawsuit by investors in Fannie Mae and Freddie Mac against the federal government.
09/30/14 05:16 PM
WASHINGTON (AP) — President Barack Obama showered praise on India's new prime minister in an Oval Office meeting Tuesday that sought to infuse new energy into the two countries' sluggish relationship. Yet for all the pomp and pageantry, there were few signs that Obama and Narendra Modi had...
By Joseph Lawler | 09/30/14 04:46 PM
More than 3.6 million people have lost unemployment insurance benefits through September, according to a new report from House Democrats who want to renew the insurance program that Congress let expire in December.
09/30/14 04:45 PM
EVANSVILLE, Ind. (AP) — President Barack Obama's visit to southwestern Indiana will include a stop at a minority-owned steel processor to discuss steps his administration has taken to help in restore the economy, the White House said Tuesday. Obama will visit Millennium Steel Service LLC near...
09/30/14 03:15 PM
NEW YORK (AP) — The stock market flipped between slight gains and losses on Tuesday, keeping the Standard & Poor's 500 index on course for its third monthly drop this year. Ford Motor sank after cutting its profit forecast, while eBay jumped after announcing plans to spin off PayPal. Oil prices...
By Joseph Lawler | 09/30/14 03:08 PM
As head of the Senate Permanent Subcommittee on Investigations, the Michigan senator has led inquiries into the possibility that multinational corporations have located divisions of their business in low-tax jurisdictions like Ireland to reduce their global and U.S. tax bills.
By Joseph Lawler | 09/30/14 11:36 AM
While the Federal Reserve has been trying to boost the economy by buying trillions of long-term government bonds, the Treasury Department has been undercutting its efforts by issuing more long-term securities, according to a new report.
By Joseph Lawler | 09/29/14 07:18 PM
Mark Calabria, the director of financial regulation studies at the Cato Institute, said, "I suspect the suspicion that AIG was assisted to help its counter-parties will be reinforced. I suspect we will also learn that the regulators were making it all up as they went along."
09/30/14 12:30 AM
BANGKOK (AP) — Asian stocks were mostly lower Tuesday after Wall Street's losses overnight and pro-democracy protests in Hong Kong, a major financial center, added to worries about political risk. KEEPING SCORE: Hong Kong's Hang Seng Index tumbled 1.2 percent to 22,945.80 points after...
By Joseph Lawler | 09/29/14 03:16 PM
Republicans may not be able to hit home runs if they take over the Senate in November, but Paul Ryan says he hopes his party can hit singles and doubles when it comes to spending and taxing.
By Lisa Ruhl | 09/29/14 02:17 PM
Vice President Joe Biden, joined by Secretary of Education Arne Duncan and Secretary of Labor Thomas Perez, announced the winners of $450 million in job training grants.
By Sean Higgins | 09/29/14 01:08 PM
Soaring levels of student loan debt are not only burdening recent graduates but have created entire generations that aren't able to save and invest, potentially hurting long-term economic growth.
09/29/14 12:45 PM
WASHINGTON (AP) — Americans boosted spending by a healthy amount in August, offering welcome evidence that the economy is on solid footing heading into the final quarter of the year. Consumer spending in August rose 0.5 percent from the previous month after showing no gain in July, the Commerce...
By Paul Bedard | 09/30/14
By Susan Crabtree | 09/30/14
By Becket Adams | 09/30/14
By Byron York | 09/29/14
By Paul Bedard | 09/15/14