A new CBO study undercuts the argument from progressive policy shops and union leaders that government workers make less money than their counterparts in the private sector.
The Senate passed an amendment on Thursday that forces operatives who collect political intelligence in Washington for sale in the banking industry or on Wall Street to register in the same way as lobbyists do.
Travel company Thomas Cook Group PLC (TCG.LN) has hired Credit Suisse Group AG (CS) to sell off its Indian foreign exchange business, The Sunday Times reported without citing sources.
EMac: As President Obama gears up to address the nation Tuesday night, it's important to keep in mind that he has made all sorts of promises that didn't pan out.
Goldman Sachs Group Inc. (GS) granted Chief Executive Lloyd Blankfein restricted stock valued at $7.2 million as of Friday's close as part of his 2011 compensation.
FBN's Liz MacDonald says Citigroup goosed its profits higher by booking outsized paper gains from an accounting trick that's legitimate under current rules and by releasing loan loss reserves into earnings.
Chemicals and explosives maker Orica Ltd. (ORI.AU) said Sunday it is ready to resume the restart of its troubled Koorangang Island ammonia plant north of Sydney after repairing one of the plant's compressors.
Greece urgently needs to kickstart economic growth or debt reduction alone won't be enough to put the euro-zone member on a sustainable footing, the head of the European Bank for Reconstruction and Development told Italian daily La Stampa in an interview published Thursday.
The federal overseer of the government's bank bailout program says taxpayers are still owed $132.9 billion on investments in 458 bailed-out banks and companies.
Taxpayers have footed oil companies' cleanup costs for decades. But a new bill would abolish write-offs oil companies take on their tax returns for the costs of cleaning up their oil spills.
Alshair Fiyaz, a Pakistani textile billionaire, is working on a bid for collapsed clothing chain Peacocks, The Sunday Times reported without citing sources.
The domestic investment arm of China's sovereign-wealth fund said Friday it will allow three major Chinese lenders in which it owns stakes to cut their dividend ratios by 5 percentage points to 35% in 2011.
EMac: There was little mention in the State of the Union address of how the government has wasted your tax money and how the government needs more of your money just to pay the interest costs on U.S. debt.
Malaysia, the world's No. 2 palm oil producer has set its duty-free export quota for crude palm oil at 3.6 million metric tons for the year ahead after several weeks of delay, industry executives said late Saturday.