One of the primary "talking points" used by the Department of Justice to defend its practice of systematically deeming corporate criminals above the law via its used of deferred prosecution agreements, has been an emphasis on how much money it ha
Newly elected U.S. House Speaker Paul Ryan said Republicans will be a more focused, open and productive force under his leadership in an effort to become a more effective check on President Barack Obama.
Greek banks will ask investors to help plug a 14.4 billion euro ($16 billion) capital shortfall, with billionaire Wilbur Ross saying the government should detail ownership plans for the nation's lenders as they seek a second round of fundraising.
Will they or won't they? As House Republican leaders scramble to get a two-year budget passed that will remove the chance of a dreaded (by them) government shutdown, will a fiscal conservative uprising threaten the party? Today's guest Norm Singleton
It was just weeks ago that the US government barely averted a debt ceiling shutdown with a last-minute bill to kick the can down the road until December.
President Barack Obama and top lawmakers from both parties reached a tentative budget agreement that would avert a U.S. debt default and lower chances of a government shutdown, lessening years of political friction over fiscal policy in Washington.
Fifteen of the biggest players in the $14 trillion market for credit insurance are also the referees...Firms such as JPMorgan Chase & Co. and Goldman Sachs Group Inc. wrote the rules, are the dominant buyers and sellers and, ultimately, help decide w
This is getting just plain ridiculous. The robo-traders were raging to the tune of 300 Dow points Thursday after Mario Draghi confirmed that he actually is a complete monetary lunatic.
Speaker John Boehner is trying to make one last deal as he heads for the exits, pushing to finalize a far-reaching, two-year budget agreement before handing Congress' top job over to Paul Ryan this week, congressional officials said Monday.
The monumental task of building California's bullet train will require punching 36 miles of tunnels through the geologically complex mountains north of Los Angeles.
John Boehner is aiming for a final compromise with Democrats before he leaves office. Rather than trying to negotiate with a number of dissatisfied legislators on his side of the aisle, he wants to work with the opposing party.
The US Treasury's recent announcement that the government will reach the debt ceiling on November 3 means Congress will soon be debating raising the government's borrowing limit again.
Finland's government on Thursday proposed increasing capital gains tax and income tax on high earners to help pay for a 10-fold increase in refugees expected to arrive this year, its finance minister said.
In April it was announced that Greece was imposing a surcharge for all cash withdrawals from bank accounts to deter citizens from clearing out their accounts. So now the Greeks will have to pay one euro per 1,000 euros that they withdraw, which is on
n the wake of the world's largest ever renege on campaign promises in the shortest period of time, Greek prime minister Alexis Tsipras' Syriza party splintered. Tsipras lost his ruling coalition and would likely have not survived a vote of confidence
• http://www.cnbc.com, Holly Ellyatt, Christine Sei
Greece and its lenders have agreed on the technical details of a third bailout, a spokesperson for the European Commission confirmed Tuesday, but a political agreement still needs to be secured.
When borrowing become prohibitive (or impossible) and raising taxes no longer generates more revenues, state and local governments will have to cut expenditures.
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