Government And Institutions

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. 

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 executives from Europe and North America appealed to governments to ease the way ahead by cutting taxes and red tape. 

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.

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.

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.

A Senate committee voted along party lines to the president's controversial nominee to a full confirmation vote.

President Obama promised Thursday to fix problems at the IRS as his administration faces a burgeoning scandal over the agency's targeting of conservative groups in nonprofit applications.

The Treasury Department announced the first of a potential series of emergency cash measures to allow the government to pay its bills when a temporary debt ceiling suspension lapses this weekend.

The speaker of the House raised the possibility of jail time for law violations in the growing scandal involving the IRS.