The Fallout from the Samsung-Apple Fight
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.
Dodd-Frank Reforms May Take Years to Implement
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.
Debt Ceiling Possibilities: Anything
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?
U.S. Trade Deficit Widens to $40.3B in April
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%.
IRS Spent $4.1M on One Conference, Audit Finds
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.
U.S. Slams Iran with Fresh Sanctions
The U.S. imposed sanctions against Iran's petrochemical industry as it seeks to cut off revenue streams that feed its nuclear program.
Joe Miller: Abolish the IRS
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.
Lawmakers to Probe Agendas of Proxy Advisory Firms
Exclusive: A House Financial Services Subcommittee will hold hearings into whether proxy advisory firms are pushing political agendas rather than serving shareholder interests.
Lawmakers Eye Bill to Ease Regulation on Community Banks
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.
Weekly Jobless Claims Fall More than Expected
Initial claims for unemployment benefits dropped to 340,000, pushing claims below the 350,000 mark that economists associate with a firming job market.
How Political Pressure on the IRS Began
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.
The Wolin Side Step
Deputy Treasury Secretary Neal Wolin is carefully stage managing his role in the televised IRS drama.
Top IRS Official Pleads The Fifth
WATCH LIVE: Lois Lerner said at a congressional hearing she had done nothing wrong but asserted her constitutional right not to answer questions.
The Key Point About Apple’s Tax Moves
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.
At the Heart of DC’s Fight with Apple
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.
Apple’s Irish Tax Strategy Explained
A new Senate report alleges that Apple blows through a loophole to avoid paying corporate income taxes. Here's how it does it.
Aviation Industry to Government: Cut the Red Tape
Aviation industry executives from Europe and North America appealed to governments to ease the way ahead by cutting taxes and red tape.
Outgoing IRS Head: Agency Made 'Foolish Mistakes'
Faced with mounting ire over a scandal in which the IRS targeted conservative groups, ousted acting commissioner Steven Miller apologized for 'foolish mistakes' the agency made.
NY AG Probes Fast Food Pay Practices
The New York attorney general's office said it was investigating allegations that fast-food operators in the state are underpaying workers in violation of labor laws.
Tying Student Loan Rates to Financial Markets
Republicans in control of the House Education and the Workforce Committee voted on Thursday to advance legislation tying student loan interest rates to the financial markets.



















