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.
02/26/14 09:20 AM
TALLAHASSEE, Fla. — Gov. Rick Scott, weighed down by lackluster poll numbers and a Republican Legislature intent on pursuing its own contentious reforms, appears content to keep it simple as he heads into the 2014 session. Months before he will ask voters to re-elect him for another term,...
By Associated Press | 02/26/14 09:18 AM
The price of oil edged above $102 a barrel Wednesday as investors tried to assess the strength of U.S. demand with the approach of warmer weather.
By Brian Hughes | 02/26/14 06:10 AM
President Obama on Wednesday will travel to Minnesota to push Congress to approve $302 billion-worth of infrastructure projects over the next four years, while outlining a new $600 million grant program to create jobs repairing roads, bridges and transit systems.
By Diana Furchtgott-Roth | 02/25/14 06:19 PM
As President Obama pushes to increase the minimum wage to $10.10 an hour, supporters continue to mischaracterize its effects. Despite a Congressional Budget Office report showing that 500,000 low-skilled people could lose their jobs by 2016 due to a higher minimum wage, some insist that...
By Lisa Ruhl | 02/25/14 05:54 PM
President Obama on Tuesday announced two new manufacturing hubs designed to put America on the forefront of technology.
By Ashe Schow | 03/10/14
By Ashe Schow | 03/10/14
By Byron York | 03/10/14
By Michael Barone | 03/10/14
By Susan Ferrechio | 03/11/14