| Jul 19, 2014
| 6:13 PM
A merger between America's top slot-machine manufacturer and Europe's biggest gaming operator will create a gambling giant that manages lotteries and slots networks worldwide — and adds to the urgency for a political crackdown on U.S. companies...
| Jun 26, 2014
| 12:38 PM
WASHINGTON (Reuters) - The U.S. Senate on Thursday confirmed former Federal Reserve economist Karen Dynan to serve as the Treasury Department's chief economist.
Dynan, who has been serving as a counselor to Treasury Secretary Jack Lew, was confirmed on a...
| Jul 9, 2014
| 2:53 PM
WASHINGTON (Reuters) - A congressman is questioning whether the New York Federal Reserve bank is exerting undue influence during closed-door meetings of an oversight council tasked with identifying risks posed by large financial firms.
In a letter to New...
| Jul 9, 2014
| 11:05 AM
BEIJING With Secretary of State John Kerry and other U.S. officials in the midst of two days of meetings with their Chinese counterparts, human rights activists are urging them to elevate a topic that President Xi Jinping would rather dodge: his...
| Jun 12, 2014
| 11:29 AM
In two recent online columns, The Times' Michael Hiltzik claimed that I, in testimony before the U.S. Senate Finance Committee on May 10, 2011, supported his argument that Social Security "can't contribute to the federal deficit."
That assertion is...
| Feb 11, 2014
| 9:10 AM
WASHINGTON -- Despite recent disappointing job growth, departing White House economic advisor Gene Sperling said Tuesday he remained hopeful the recovery is strengthening.
“I still think there is reason for optimism, though there’s...
| Feb 7, 2014
| 7:38 AM
WASHINGTON -- As the U.S. hit its debt limit on Friday, a leading business group urged Congress to act quickly to raise it to avoid damaging the economy.
The Business Roundtable sent a letter to House and Senate leaders Thursday night warning that...
| Mar 23, 2014
| 4:41 PM
WASHINGTON -- Treasury Secretary Jacob J. Lew will undergo outpatient surgery to treat a benign enlarged prostate and will be sidelined for about a week, a department spokeswoman said Sunday.
Lew, 58, will have the procedure Tuesday in New York and...
| Feb 3, 2014
| 8:34 AM
WASHINGTON -- Treasury Secretary Jacob J. Lew on Monday pressured Congress to raise the debt limit well before an end-of-the month deadline, warning that lawmakers risked derailing a potential "breakthrough year for our economy" if they don't act quickly....
| Mar 26, 2014
| 6:40 AM
WASHINGTON -- Treasury Secretary Jacob J. Lew had successful outpatient surgery on Tuesday but remained at a New York area hospital overnight because of a low-grade fever, a Treasury Department spokeswoman said.
Lew, 58, underwent the procedure to treat...
| Feb 1, 2014
| 12:50 PM
Inside a drab computer lab at the Johns Hopkins University, a team of researchers is trying to build something that has never existed before: a digital currency that changes hands completely in secret. Its name is Zerocoin.
The untraceable currency is...