FLORENCE, S.C. (AP) — After weeks of stalling, Mitt Romney did an about-face on Tuesday and said he will release his tax returns in April and that they will show he pays close to 15 percent of his income in taxes.
Romney, a multimillionaire, has been under pressure from his rivals for the Republican...
WASHINGTON (AP) — Defending President Barack Obama's signature health care overhaul, the administration is urging the Supreme Court to uphold the contentious heart of the law, the requirement that individuals buy insurance or pay a penalty.
The administration filed a written submission with...
WASHINGTON (AP) — President Barack Obama is calling attention to companies that have brought jobs back to American soil, offering it up as another way of putting people back to work.
The White House plans to hold a forum on Wednesday called "Insourcing American Jobs," which will bring...
WASHINGTON (AP) — The American job market improved modestly in October, and economists looking deeper into the numbers found reasons for optimism – or at least what counts for optimism in this agonizingly slow economic recovery.
The nation added 80,000 jobs. That was fewer than the 100,000...
AP – Bank of America Corp. is scrapping its plan to charge a $5 monthly fee for debit card purchases after outraged customers threatened an exodus.
The about-face comes as customers across the country petitioned the bank and mobilized to close their accounts in favor of credit unions and community...
The Congressional Budget Office released a report this week showing that the gap between wealthy and poor Americans has become much wider than it once was.
What's behind that expanding income gap?
Federal tax policy is part of the story. Those at the top of the income ladder have been the biggest...
