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Fed Could Begin Cutting Stimulus as Early as June

Some Federal Reserve officials expressed willingness to ease back the central bank's stimulus program as early as June if the economic recovery strengthens further, according to minutes from their policy meeting three weeks ago.

Markets Trip on Bernanke's 'Step Down' Remarks

U.S. stock indexes turned down Wednesday following comments from Federal Reserve Chairman Ben Bernanke that the central bank would stick by its accommodating monetary policies while many workers remain underemployed or out of work.

Bernanke Warns Against Scaling Back Stimulus

Federal Reserve Chairman Ben S. Bernanke said Wednesday that the central bank could start scaling back its stimulus program in the next few months, but warned against acting too quickly.

IMF Chief to Face Questions Over Payout

IMF chief Christine Lagarde is due to appear before magistrates in France Thursday investigating her role in a large payout to a businessman and politician.

More Than $12 Trillion Is Stashed in EU Tax Havens, Oxfam Says

More than $12 trillion has been squirreled away in European Union tax havens, the anti-poverty organization Oxfam said as EU leaders were set to take up the fight against tax evasion.

Low Inventory Keeps Roof on Home Sales

Sales of existing homes were down in March due to constraints on inventory, according to the National Association of Realtors.

Natural Gas Exports Spark Possibilities, Concerns

The debate on the costs and benefits of exporting some of the abundant natural gas available in the U.S. is coming to an end with a permit issued for export to Japan.

Why So Many Top 'Car Guys' Are Actually Women

General Motors Chairman and CEO Dan Akerson discusses why many of America's top "car guys" are actually women.

Gas, Beef Prices Up Before Memorial Day Weekend

Two staples of the Memorial Day weekend -- beef and gasoline -- are going up just in time for Memorial Day weekend.

Apple CEO: Offshore Units Not a 'Tax Gimmick'

Apple Inc.'s stateless subsidiaries beyond any taxing authority's reach are not a tax-avoidance trick, the U.S. company's top executive is to testify Tuesday.

U.S. Senate Accuses Apple of Large-scale Tax Avoidance

A U.S. Senate committee accused Apple Inc. of running a complex web of offshore business interests to avoid paying billions of dollars in income taxes, saying the technology giant was "among America's largest tax avoiders."

Markets Trudge Along With Light Losses Monday

Despite some interesting merger news, including the joining of GrubHub and Seamless, stock gains took a breather on Monday after a prolonged rally.

Chicago Fed Index Fell in April

The Chicago Fed National Activity Index dropped from minus 0.23 in March to minus 0.53 in April, but remains significantly above recession levels, according to a report released on Monday.

Lawsuits Against Employers Reach Record Highs

U.S. workers are filing a record number of federal lawsuits against employers alleging violations of wage and hour laws, such as not being paid overtime and being misclassified as contractors, a recent study shows.

Consumer Spending Will Offset Sequester: Economists

New projections of consumer spending indicate it will offset the hit to the recovery from the federal government's automatic budget cuts, a panel of economists said Monday.