Government And Institutions

U.S. consumers picked up spending by a modest amount in October, a slight improvement after no gain at all in the previous month.

An Illinois judge ruled Friday that a law intended to fix the nation's worst state employee pension crisis violates the state constitution, deciding in favor of state employees and retirees who sued to block the landmark overhaul.

The country is facing an epidemic of unscrupulous debt collectors willing to pose as law enforcement and threaten arrest to squeeze dollars out of Americans, a top prosecutor said Tuesday as he announced the arrests of seven people who worked for an Atlanta-area company.

Justice Department attorneys abruptly erased former AIG CEO Maurice “Hank” Greenberg -- a central figure in the case -- from its Starr v. U.S. witness list on concerns Greenberg’s testimony might possibly erode their defense.

Department of Justice lawyers will rest their case in the $40 billion Starr v. U.S. lawsuit without calling to the stand former AIG chief Maurice "Hank" Greenberg, the man at the center of the case, the FOX Business Network has learned.

A trillion-dollar legislation spanning 2,000 pages of legislation, creating hacked health exchanges, lost jobs, higher taxes, regulation and insurance costs, was a law built on deception.

With all the talk about transparency and governance, you’ve got to wonder if anyone benefits from all the regulation and legislation enacted in their name?

Maybe they CAN repeal Obamacare! All it takes is a few (very nervous) Democrats!

In the wake of a FOX Business report that former American International Group Chairman and CEO Hank Greenberg would be pressed by government attorneys Friday in Starr v. U.S. Government, sources say Greenberg was abruptly removed from this week’s witness list.

The private sector added the most jobs in October since June, exceeding expectations as mid-sized businesses added the most workers in seven years.

Forget red state or blue state, your ride may be a better indicator of how the midterm elections will go, according to one car buying and selling platform.

New York City, the most densely populated city in the United States with 8.4 million residents, saw its first diagnosis of Ebola this month.  Last week, Dr. Craig Spencer, who recently returned from Guinea, tested positive for the disease. Beyond the health impact, local businesses say they are also taking a hit.

The U.S. Treasury Department said on Friday it was tweaking its policy for retirement funds to encourage savers to buy annuities, a measure aimed to keep them from outliving their savings.

After Hillary Clinton raked in a $225,000 speaking fee, Bill Clinton was in New York on Tuesday earning what one source said was a similar six-figure payday from Veritas Capital.

In the 80s corporate America realized it needed to get lean to remain competitive in increasingly global markets. Now it’s Washington’s turn.

New email surfaces in the IRS Lois Lerner controversy—this time, Lerner was clearly upset about an IRS staffer who was getting paid up to $138,136 annually for doing union work.

Former SAC portfolio manager Mathew Martoma was sentenced to nine years in prison on insider trading charges.

A new report from the Office of the Actuary at the Centers for Medicare and Medicaid Services  projects that health spending will increase by 3.6% in 2013, but will increase considerably over the next 10 years.

The U.S. on Friday hit 25 Iranian companies and people with fresh sanctions over the country's nuclear program. 

Consumer spending unexpectedly fell in July while savings rose to the highest level in more than a year and a half -- signs households remain cautious.