03/05/14 07:15 PM
NEW YORK (AP) — So far, 2014 is looking like the year of the big deal. Flush with cash and high stock prices, companies are buying up the competition at levels not seen since the dotcom bubble. And with Washington providing more clarity on government spending plans, CEOs are more confident...
By Meghashyam Mali | 03/05/14 03:54 PM
President Obama on Wednesday took his push for raising the federal minimum wage outside the beltway, highlighting efforts by state and business leaders as he urged Congress to act. At an event at Central Connecticut State University, Obama highlighted New England governors who are raising...
By Lawrence Kudlow | 03/05/14 03:30 PM
Fifty years ago last week, on Feb. 26, 1964, President Lyndon B. Johnson signed into law the sweeping tax cuts that had been championed by his predecessor, John F. Kennedy. The law brought the top marginal income tax rate down to 70 percent from 91 percent and the bottom marginal rate down to 14...
By John Stossel | 03/05/14 10:36 AM
This week, President Obama proposed "a budget that will create new jobs in manufacturing and energy and innovation and infrastructure, and we'll pay for every dime of it by cutting unnecessary spending, closing wasteful tax loopholes!"
By Mark Tapscott | 03/05/14 09:00 AM
How does one know when the world has been turned completely upside down? How about when USA Today reports a major world leader (not the president of the United States) saying this: "'We need to make sure the market plays a decisive role,' said X in a nationally televised speech to ---...
By Associated Press | 03/05/14 08:41 AM
A bank specializing in bitcoins says it has closed after computer hackers robbed its digital currency.
By Christopher S. Rugaber | 03/05/14 08:39 AM
A private survey shows that U.S. companies added slightly more jobs in February than in the previous month, but harsh winter weather weighed on hiring for the third straight month.
03/05/14 06:15 AM
GENEVA (AP) — A new study shows that the top 10 global automakers amassed more than $221 billion (161 billion euros) in cash by the end of 2013 to invest in new products, strategic alliances and other growth strategies. Global consultancy EY said Wednesday that effectively managing that cash...
By Melanie Sturm | 03/04/14 05:38 PM
Last month, as Ukrainian émigré-turned-tech tycoon Jan Koum prepared to cash a multibillion-dollar check from Facebook -- acquirer of his startup WhatsApp -- then-Ukrainian President Viktor Yanukovych was checking out of the Gatsby-esque estate where he'd cached his stolen plunder.
By David M. Drucker | 03/04/14 01:32 PM
The tax reform plan from Michigan Rep. Dave Camp was unimaginable as a Republican document just a few years ago, the result of a shifting political landscape that has seen the triumph of President Obama's tax message and the influence of conservative populism. The House Ways and Means...
By Meghashyam Mali | 03/04/14 01:04 PM
At an event at Powell Elementary School in Washington, D.C., Obama said the $3.9 trillion plan followed through on his promise in February’s State of the Union address to push policies that helped the middle class and fight income inequality.
By Joseph Lawler | 03/04/14 12:30 PM
The White House set out a statement of the Democratic Party's election-year priorities Tuesday morning, unveiling a $3.9 trillion budget for fiscal 2015 that would boost spending on domestic priorities, raise taxes on the rich and shrink the military. The plan would raise taxes by almost $1...
03/04/14 11:45 AM
NEW YORK (AP) — RadioShack plans to close up to 1,100 stores in the U.S. as its troubles continue to grow. The struggling electronics retailer made the announcement Tuesday while reporting a wider quarterly loss after a disappointing holiday season. Its stock tumbled 14 percent in midday...
03/04/14 08:15 AM
WASHINGTON (AP) — U.S. home prices rose in January after three months of declines. A tight supply of homes might have helped boost prices and offset sales slowed by cold weather. Real estate data provider CoreLogic says prices rose 0.9 percent in January after dipping 0.1 percent in December....
By Alan Fram | 03/04/14 08:08 AM
President Obama is unwrapping a nearly $4 trillion budget that gives Democrats an election-year playbook for fortifying the economy and bolstering Americans' incomes. It also underscores how pressure has faded to launch bold, new attacks on federal deficits.
By Joel Gehrke | 03/08/14
By Washington Examiner | 03/05/14
By Paul Bedard | 03/08/14
By Washington Examiner | 03/06/14
By Michelle Malkin | 03/07/14