Government And Institutions

The IRS hasn’t kept up with auditors’ recommendations to protect taxpayer information that is vulnerable to hackers, according to a government watchdog report, which has raised new concerns about the additional information the agency will store under the Affordable Care Act.

Why is former hedge fund titan Raj Rajaratnam the only Wall Street big shot in jail?

Treasury plans to sell the remaining stake it holds in General Motors by the end of this year, quickening the government’s exit from the automaker.

The Affordable Care Act’s risk corridors for insurance companies could leave taxpayers on the hook for insurers’ losses. And the president's fix for Americans who have received cancelled policies may increase the losses.

Despite the president's repeated promises the ACA is the most transparent law in history and won't increase the deficit, it looks as though those reassurances are beginning to crumble.

Consumers might be cheering the president’s plan to allow cancelled plans to continue on next year, but insurers could be left with a big headache.

President Obama plans to name Timothy Massad, a lawyer who earned his spurs at the country's bank bailout program, as the next head of the U.S. swaps regulator, according to a White House official.

A partial government shutdown had less of an impact than expected in October on jobs growth, as employers added 204,000 jobs, unemployment rose to 7.3%.

The CIA is reportedly paying AT&T more than $10 million a year to provide phone records for overseas counter-terrorism investigations.

Treasury put on hold reductions in the size of some of its debt auctions, saying it was too early to tell how much an impasse over fiscal policy hurt the economy.

Forecasts for the October jobs data paint a grim picture that solidifies fears of a weakening economy and clouds the Fed’s plans for scaling back its easy-money stimulus policies.

The fight to stop waste, fraud and abuse is gearing up across the government as new estimates from the Kaiser Family Foundation show nearly 17 million low- to middle- income Americans are eligible for federal tax credits to buy health insurance on the exchanges.

Advertising groups Publicis and Omnicom received no objections from U.S. antitrust authorities for their proposed merger, they said on Friday, taking them a step closer to creating a new world leading player.

A deal to combine No. 2 U.S. office supply retailer Office Depot Inc with smaller rival OfficeMax Inc has won approval from the U.S. Federal Trade Commission, the companies said in a joint statement on Friday.

Republican Sen. Ran Paul is threatening to put a hold on the nomination of Janet Yellen to become the next Federal Reserve chairman.

The FDA looks to improve the safety of food for animals and pets after a warning this week about potentially fatal dog jerky treats.

A recent spate of weak economic data could sharpen resistance to Janet Yellen's nomination as Federel Reserve chair and turn her confirmation hearings into a referendum on long-term Fed stimulus.  

The U.S. economy added 148,000 jobs in September, not nearly enough to persuade the Fed to begin scaling back easy-money policies.

Treasury was able to be creative with the nation's budget for five months before it came to the brink of default. It could have less breathing room in 2014.

The Federal Reserve governor warns short-term funding markets remains the biggest unfinished job for supervisors around the world.