Federal Spending

Obama to Return 5% of His Presidential Pay

President Barack Obama says he will return a portion of his salary to highlight the pain felt by federal workers due to sequester-imposed budget cuts. More

Report: $700M in Katrina Relief Missing

Federal investigators say they cannot account for $700 million in grants given to Louisiana homeowners to elevate their homes in the wake of Hurricane Katrina. More

Donald Trump Offers to Keep White House Tours Going

Real estate mogul Donald Trump -- egged on by Newt Gingrich -- is offering to pay to resume the White House tours canceled by the sequester. More

What to Watch as the Dow Closes in on Record Highs

Forget 14164.53 -- investors should be focused on the technicals and fundamentals getting the Dow Jones there, and where they'll take the index next. More

Sequester Fears Drive Gold Lower

Gold fell more than 1% in Wednesday trading as traders contemplated deep cuts in federal spending and a lack of new stimulus proposals from the Federal Reserve. More

What We Should Know About Sequestration

This week, the looming mandatory budget cuts are dominating the news and in many cases the drama is overplayed. Let's take a closer look. More

The Trillion-Dollar Question: Is Inflation Brewing?

Last week the latest news from the Fed shifted everyone's attention back to the U.S. economy, particularly whether inflationary pressures are brewing. More