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Pope Francis Names New Cardinals Focused on Poor

Pope Francis named 19 new cardinals Sunday, choosing men from Asia, Africa, Latin America and the developing nations of Haiti and Burkina Faso, in line with his belief that the church must pay more attention to the poor.


Feds Probe Christie Over Use of Sandy Funds

New Jersey Gov. Chris Christie is under federal investigation over whether he improperly used relief aid in tourism ads that featured him and his family, CNN reported Monday.


More than Half of Congressmen, Senators Are Millionaires: Report

For the first time, most members of the U.S. Congress are millionaires, an analysis of personal financial disclosure data indicated.


Court to Weigh President's Recess Appointments Power

The Supreme Court is refereeing a politically charged dispute between President Barack Obama and Senate Republicans over the president's power to temporarily fill high-level positions.


Federal Reserve Paid Gov't 77.7B in 2013

The Federal Reserve said Friday it paid the federal government $77.7 billion in 2013. That was down from the record set in 2012 but still far above payment levels before the Great Recession.


Weak Jobs Report Shocks, Puzzles Economists

U.S. employers added just 74,000 jobs in December, far fewer than anyone expected, in an economy that had been adding nearly three times as many for four straight months.


The 2014 Boardroom Elite

Here is a list of the 92 Hispanics that hold 116 seats on Fortune 500 boards as of January 2014.


25 Hispanics Stand Near Top of Corporate Ladder

Hispanic representation on the boards of Fortune 500 companies remains aggravatingly low entering 2014, but that doesn't mean the Hispanic influence isn't felt at the largest U.S. firms.


California Budget Hits a High, but Surplus Expected

Gov. Jerry Brown's budget proposal for California's coming fiscal year calls for an 8.5 percent increase in general fund spending, a pay-down of the state's debt by more than $11 billion -- and a surplus of $3.2 billion by year's end.


Weekly Unemployment Benefit Claims Drop by 15,000

The number of Americans seeking unemployment benefits fell to a seasonally adjusted 330,000 last week after a volatile period around the holidays, signaling fewer layoffs and steady job growth.


Fed Cuts Back on Bond Buys After Big Job Gains

The Federal Reserve agreed last month to modestly reduce its bond purchases because of improvements in the job market, minutes from the FOMC's December meeting show.


Feds Reexamine Contracts Banning Class-Action Suits

The Consumer Financial Protection Bureau is taking a closer look at restrictive contract provisions that force consumers to arbitrate disputes rather than sue a company individually or join a class-action lawsuit.


ADP Report Shows Private Sector Added 238,000 Jobs

U.S. shares dropped in early trading Wednesday as investors weighed whether upbeat employment figures would prod the Federal Reserve to further reduce its stimulus program.


Is Natural Gas Boom in Trouble?

The natural gas field is increasingly dominated by shale reserves, but a backlash against hydraulic fracturing is spelling trouble for the extraction industry.


Unemployment Benefits Bill Clears Senate Hurdle

White House-backed legislation to extend emergency jobless benefits for the long-term unemployed unexpectedly cleared an initial Senate hurdle on Tuesday, but the bill's fate remains in doubt.


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