Government And Institutions

In a private meeting with members of the Senate Finance Committee last week, Treasury Secretary Jack Lew shot down the possibility of attaching tax reform to a debt ceiling increase.

Employers added 175,000 jobs last month, beating expectations by 5,000. The unemployment rate ticked up to 7.6% for the month from 7.5%.

Two senators sent a letter to the secretary of Veterans Affairs demanding answers as to why 188 VA employees were paid taxpayer-funded salaries and benefits to do union work.

Treasury will begin another round of sales of the GM stock it acquired during the its bailout of the auto sector.

A gauge of labor-related costs fell 4.3% in the first quarter by the most in four years, beating expectations of a 0.5% gain.

Samsung was handed a victory in one part of the patent battle with Apple and it could have a far-reaching impact on Apple's sales.

A wide-ranging set of rules established by Congress to prevent another crisis like the one in 2008 could take years to implement, regulatory officials tell FOX Business. 

House Republicans are beginning to formulate their strategy for the upcoming debt ceiling negotiations--so what's going to be on the list for them to agree to lift the debt ceiling? 

The trade deficit increased to $40.3 billion in April from $37.1 billion in March. Exports for the month climbed 1.2%, while imports jumped 2.4%.

The audit tables have turned on the IRS with a new report showing the agency spent nearly $50 million on training conferences over a three-year period, yet another black eye for the embattled agency. 

The U.S. imposed sanctions against Iran's petrochemical industry as it seeks to cut off revenue streams that feed its nuclear program.

In his first national television interview since filing for a 2014 U.S. Senate run, Alaska Republican activist Joe Miller criticized the IRS targeting of conservative tea party groups, calling for the tax agency’s abolishment.

Exclusive: A House Financial Services Subcommittee will hold hearings into whether proxy advisory firms are pushing political agendas rather than serving shareholder interests. 

The top Republican and lead Democrat on the House Financial Services Committee are working together on a possible bill to ease regulation of community banks, sources say.

Initial claims for unemployment benefits dropped to 340,000, pushing claims below the 350,000 mark that economists associate with a firming job market.

Pressure to keep an eye on political groups has been mounting on the Internal Revenue Service for some time, according to a review by FOX Business.

Deputy Treasury Secretary Neal Wolin is carefully stage managing his role in the televised IRS drama.

WATCH LIVE: Lois Lerner said at a congressional hearing she had done nothing wrong but asserted her constitutional right not to answer questions.

The fight over Apple has to do with two things. Apple houses a big chunk of its profits in low- to no-tax Ireland, and U.S. companies pay taxes twice on their overseas profits, first to the foreign jurisdiction, then to the U.S. if repatriated.

Sitting at the heart of the Apple scandal-palooza in Washington is the belief that Apple’s low tax bill via the use of Ireland’s low corporate tax regime is helping to drive the U.S. deficit. But here's what lawmakers are missing.