A bipartisan measure to be unveiled in the House today calls for both increased border security and a path to citizenship for illegal immigrants — but the Senate appears to be stalled on immigration and that could be a big boost for the status quo.
IRS Commissioner Mark Everson went to Capitol Hill today to explain what the IRS is doing to collect more than <nobr>$345 billion</nobr> that taxpayers owe but it can't seem to find. Hillary Wicai reports.
Consumer prices exceeded the Fed's expectations for inflation in February — doubling the January increase — but policymakers may well leave interest rates unchanged when they meet next week to avoid risking recession.
Wal-Mart says it wants a limited banking license so it can save on credit card payments. But a congressman thinks he's found evidence that the retail giant has something bigger in mind. Hillary Wicai reports.
Wal-Mart has a pending application to establish an industrial loan company, but the retail giant insists it's not interested in opening retail bank branches. Now there may be evidence that suggests otherwise. . .
The U.S. is the only economic powerhouse that doesn't guarantee its workers paid sick days. A bill to be introduced in Congress today would change that, but business groups are likely to lobby against it.