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 Christopher S. Rugaber | 03/04/14 08:02 AM
Real estate data provider CoreLogic says prices rose 0.9 percent in January after dipping 0.1 percent in December. Over the past 12 months, home prices have risen 12 percent, the biggest year-over-year gain in more than eight years.
03/04/14 07:30 AM
The price of crude oil dropped sharply Tuesday after a big jump the day before over concern that Russia's military advance into Ukraine could result in economic sanctions against one of the world's major energy suppliers. By early afternoon in Europe, benchmark U.S. crude for April delivery was...
03/04/14 07:00 AM
FORT LAUDERDALE, Fla. (AP) — AutoNation Inc.'s February new vehicle sales climbed 4 percent from a year earlier. The country's biggest automotive retailer said Tuesday that it sold 21,987 new vehicles during the month — which was its highest February total since 2007. Domestic vehicle...
By Byron York | 03/12/14
By Ashe Schow | 03/10/14
By Michael Barone | 03/10/14
By Susan Ferrechio | 03/11/14
By Byron York | 03/10/14