U.S. manufacturing expanded slightly in December, while a separate report showed that construction spending fell in November for the first time in eight months.
An oil drilling rig owned by Royal Dutch Shell ran aground in Alaska after drifting in stormy weather, highlighting the serious risks of working in an offshore region where some in the industry see huge potential.
Silicon Valley lobbied hard in 2012, and despite some friction with regulators, fared well. In 2013, though, government scrutiny is likely to grow, The NY Times reports.
An emergency deal reached after weeks of rancorous negotiations will keep the U.S. from driving off the "fiscal cliff," but higher taxes and continued political bickering in Washington threaten to shake the fragile economy well into 2013.
A bipartisan furor erupted after House Republican leadership decided to allow the current term of Congress to end without holding a vote on aid for victims of Superstorm Sandy.
You would think that the country's tax burden is suddenly astronomically high, that U.S. citizens are being forced to fork over more money to the government than ever before. The truth is the opposite.
Just in case you were under the impression that the fiscal cliff debates were carried out with a high level of respect and intellectualism, check out how nasty things got on Friday.
U.S. sales of warplanes, anti-missile systems and other costly weapons to China's and North Korea's neighbors appear set for significant growth amid regional security jitters.
While the tax package that Congress passed New Year's Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013.
A smartphone app that shares self-destructing photos has emerged as Silicon Valley's latest obsession after withstanding a head-on challenge from social-networking group Facebook. The Financial Times reports.
Discussing what President Obama's top priorities in 2013 might be, with Karen Finney, The Hill columnist; Jennifer Rubin, Washington Post; and Peter Suderman, Reason Magazine.
CNBC Larry Kudlow's take on the "fiscal cliff" deal, saying Washington must understand spending is the real problem for deficits and debt; and Jared Bernstein, Center on Budget & Policy Priorities and Jim Pethokoukis, American Enterprise Institute, weigh in.
Speaker Boehner adjourned Congress without addressing the aid for Sandy victims, reports CNBC's Eamon Javers. Rep. Charlie Rangel (D-NY) and Rep. Mick Mulvaney (R-SC), share their opinions on the $9 billion in Sandy aid that will be voted on this Friday.