An estimated 11 million immigrants are living illegally in the U.S. That could change if Congress approves immigration reform, now making its way on the Hill. The Senate has a bill developed by a bipartisan group of eight including Republican John McCain of Arizona and Democrat Michael Bennett of Colorado that would put undocumented immigrants on a 13-year path to U.S
The Federal Reserve begins its two-day policy-making meeting today and not much news is expected, as has been the case ahead of many of the most recent meetings.
Almost four years after the Great Recession officially ended in June 2009, the U.S. economy remains mired in sluggish growth with high unemployment and stagnant wages
The United States government has had two years to head off automatic "sequester" spending cuts that most people agreed were unnecessary and almost everyone hated. But these days, the government doesn't do anything unless public anger hits such a state of fervor that Congress -- people actually begin to fear for their jobs.
It’s a big reporting season right now, not just for corporate earnings, but also for disclosure of political contributions. “It’s almost like an earnings report but they all come in on the same day,” says Kent Cooper, editor of Roll Call’s new Political Moneyline blog which tracks Federal Election Commission disclosures.
If you're like most people, you've probably been hearing a bit about "Bitcoin" recently. And, if you're like most people, you'll probably not know what it is or what to think about it--or what the fuss is all about. Here's a snapshot
Early last Saturday morning something happened in the U.S. Senate for the first time in four years
Consumers shop online for many reasons. Convenience. Good deals
The Federal Reserve concluded a two-day meeting with no change in policy but a tweak to its economic forecast. The Fed lowered its unemployment rate forecast slightly for 2013 through 2015—suggesting a bit more strength in the job market—but also skimmed 0.1% to 0.2% off its GDP forecast for the same periods, which suggests slightly slower growth. As it stands now, the Fed’s so-called “central tendency” for unemployment is 7.3%-7.5% for this year, 6.7%-7% for 2014 and 6%-6.5% for 2015.
European shares rose strongly after a long-awaited deal was secured in US Congress to avoid a fiscal crisis. But what will the deal really mean for the world's largest economy