Politics and Government

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The president’s goal is lifting the incomes of middle-class families that have stagnated in recent decades while more affluent Americans have benefited from economic growth. To do that, he proposed decreasing some tax benefits from the affluent in order to increase benefits for the less well off. Specifically, the president proposed to raise $1 billion …

U.S. talks with Cuba begin

Eamon Javers reports from Cuba where talks kicked off between U.S. and Cuban officials, aimed at normalizing relations and opening up commerce.

U.S. talks with Cuba begin

Eamon Javers tells us about a historic meeting in Cuba as a U.S. delegation arrives in the country to re-establish diplomatic and economic ties.

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Standard & Poor’s will pay more than $58 million to settle charges of fraudulent misconduct in rating mortgage bonds, the U.S. Securities and Exchange Commission said on Wednesday. S&P will also pay $19 million to settle cases filed by attorneys general in New York and Massachusetts. The SEC case relates to the ratings on certain …

State of the Union 2015: the President’s proposals

The President addresses the American people outlining new economic proposals that could impact your money.

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Construction workers in Wesley Chapel, Florida

Americans have emerged from the deep economic pessimism produced by the Great Recession and financial crisis, according to a new NBC News-Wall Street Journal poll. The survey shows attitudes brightening along with positive recent economic news, from strong hiring by businesses to solid overall growth. The proportion of Americans who say they are satisfied with …

Defining full-time work

How long is a work week when it comes to health care coverage: 30 or 40 hours? The question is being debated on Capitol Hill and the answer could have major implications for business.

FBI offers new Sony Pictures hacking evidence

The U.S. government is shedding new light on the hack attack on Sony Pictures. Eamon Javers tells us the newly released information.

What Wall Street wants from Congress

As the new Congress is sworn in, Wall Street has a list of things it wants lawmakers to get done.

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North Korean leader Kim Jong Un.

The U.S. government tightened sanctions on North Korea in retaliation for the devastating cyberattacks against Sony, the White House said Friday. President Barack Obama issued an executive order authorizing the Treasury to impose additional sanctions on North Korea in response to “ongoing provocative, destabilizing, and repressive actions and policies, particularly its destructive and coercive cyber …

Restoring Cuba’s economy

Michelle Caruso-Cabrera tells us how the opening up of relations with Cuba and potential economic changes could alter the way of life in Havana.

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President Barack Obama

President Barack Obama said he thought Sony made a mistake in pulling “The Interview” after a North Korean hacking, and pledged that the United States would respond to the attack. “Sony’s a corporation that suffered significant damage, there were threats against its employees,” Obama said at his annual year-end news conference from the White House …

New chapter for U.S.-Cuba relations

President Obama announced sweeping changes to U.S. policy with Cuba that could, eventually, create opportunities for both investors and business.

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The U.S. is starting talks with Cuba to normalize full diplomatic relations and open an embassy, according to U.S. officials. The expanded relationship would also open imports of Cuban cigars somewhat, according to a CNN report. U.S. President Obama, Cuba’s Raul Castro plan to speak separately at noon ET about relations between the two countries. …

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U.S. Capitol building, Washington.

The latest assault on private pensions may be coming from the U.S. Congress. Lawmakers on Wednesday were finalizing a deal to shore up the government’s pension insurance fund with provisions that would raise premiums and allow troubled pension plans covering more than one employer to cut retiree benefits. As of midday Wednesday, the reform provisions, …