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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
The Federal Reserve revealed Wednesday that its policy-setting Open Market Committee was divided over the issue of asset purchases, sending stock lower.
The sequester debate in Washington shows lawmakers have not changed playgrounds, they have just changed the sport along with the changing seasons.
The answer to the U.S. economic morass lies under our feet, literally, some would say.
The merger that would create the world's largest airline was announced with handshakes, broad smiles and mutual admiration.
The European recession is deeper and more entrenched than many believed, the continent's primary data agency said Thursday.
Can a U.S. economic recovery afford compassion? The president's contention is that it can.
A nomination hearing for Jack Lew, a former Citigroup manager, to serve as U.S. treasury secretary would seem to offer a unique perspective on bank bailouts.
The question for Wall Street this week is how far ahead are stocks and when is the correction going to come?
The Congressional Budget Office said this week new policies would pinch spending among the rich and the poor.
Once you name the problem, you are half way home and the problem is getting the U.S. economy going without using any stimulus dollars to do it.
The Congressional Budget Office said the U.S. deficit had dropped considerably since 2009, but it will rise by the end of the decade.
Suing Standard and Poor's isn't a good idea for the Justice Department.
Asking how Tim Geithner did as the U.S. treasury secretary, one week after he has stepped down, is a question of tone and detail.
All three major U.S. stock boards were down for the week as of Thursday's close but not so far down a fifth week of gains was out of reach.
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138th Preakness Stakes in Baltimore, Mayland
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Race fans enjoy a shot in the infield during the 138th Preakness Stakes at Pimlico Race Course on May 18, 2013 in Baltimore, Maryland. Kentucky Derby winner Orb is looking for a Triple Crown possibility with a win today at Pimlico. UPI/Kevin Dietsch