02/26/14 05:45 PM
OMAHA, Neb. (AP) — Berkshire Hathaway Inc. investors will be looking for details of how the conglomerate performed and the best advice CEO Warren Buffett has to offer in his annual letter this Saturday. Buffett's letter is always well-read because of his track record, but this year he...
02/26/14 05:15 PM
Silver and gold futures fell Wednesday, a day ahead of the next public appearance of the new chief of the Federal Reserve. The actively traded March contract for silver fell 71 cents, or 3 percent, to $21.25 an ounce. Gold for April delivery declined $14.70, or 1 percent, to $1,328 an ounce....
02/26/14 05:15 PM
NEW YORK (AP) — The stock market is struggling to take it to the next level. For a third straight day the Standard & Poor's 500 index traded above its record close but fell back to end below it. An early move higher Wednesday was led by retailers and home builders, but the gains mostly...
By Susan Ferrechio | 02/26/14 05:15 PM
House Ways and Means Committee Chairman Dave Camp Wednesday unveiled a comprehensive tax reform plan that would lower rates, broaden the spectrum of taxpayers and greatly simplify the tax code system, shrinking it by 25 percent. “This legislation does not reflect ideas solely advanced by...
By Meghashyam Mali | 02/26/14 04:25 PM
President Obama on Wednesday defended his 2009 stimulus package and unveiled a new initiative that would provide grants for repairing the nation's infrastructure.
By Ashe Schow | 02/26/14 03:35 PM
Sen. Joe Manchin, D-W.Va., doesn't understand Bitcoin, and because of that, he wants to ban it, calling the popular cryptocurrency “highly unstable and disruptive to our economy.”
02/26/14 02:30 PM
LOS ANGELES (AP) — Sony Corp. says it is closing about two-thirds of its U.S. Sony Stores is part of a wide-ranging company restructuring it announced earlier this month. It also said that 1,000 of the previously announced 5,000 job cuts would come from its Sony Electronics unit, mainly in...
By Steve Doty | 02/26/14 02:17 PM
Maryland Gov. Martin O'Malley said Wednesday that if his state increases the minimum wage to $10.10 an hour, it wouldn't drive companies to leave his state.
By David M. Drucker | 02/26/14 12:36 PM
Portman said a reasonable deal remains on the table that would attract the GOP votes needed to pass legislation in the Senate, but Reid would rather try to damage the Republicans politically by painting them as against unemployment insurance.
By Joel Gehrke | 02/26/14 12:18 PM
Republican Louisiana Gov. Bobby Jindal explained how his state has outperformed what he calls President Obama's "minimum-wage economy," in a summary that might be viewed simply as a governor bragging about his record except for the likelihood that he tries to take this platform national in the...
02/26/14 12:15 PM
NEW YORK (AP) — The stock market is higher in midday trading as investors respond to a sharp increase in new home sales and earnings gains at major retailers. The Standard & Poor's 500 index rose four points, or 0.2 percent, to 1,849 points as of noon Wednesday. That's just above the record...
02/26/14 11:45 AM
LONDON (AP) — Three former Barclays PLC employees appeared in a London court Wednesday on charges related to the rigging of a key market interest rate. Peter Charles Johnson, Jonathan James Mathew and Stylianos Contogoulas are accused of conspiracy in the manipulation of the London interbank...
By Susan Ferrechio | 02/26/14 11:27 AM
House Speaker John Boehner said he is receptive to a tax reform plan one of his top Republican lieutenants will release today, but gave no guarantees the House will vote on the proposal this year. Boehner, R-Ohio, told reporters after a private meeting with House Republicans, that House Ways...
By Joseph Lawler | 02/26/14 10:39 AM
New home sales spiked in January to the highest level since 2008, the federal government reported Wednesday. The 468,000 new single-family home sales in January was a nearly 10 percent increase over December's relatively weak reading, and better than last year's comparable number.
By Bloomberg News | 02/26/14 09:33 AM
JPMorgan Chase & Co. and Wells Fargo & Co. are leading a shift in how banks account for their bond investments after a $44 billion plunge in value exposed a potential drain on capital under new rules.
By Washington Examiner | 03/05/14
By Michelle Malkin | 03/07/14
By Mark Tapscott | 03/07/14
By Washington Examiner | 03/06/14
By Rebecca Berg | 03/07/14