Federal Government of the United States

(AP Photo)

Government sells remaining stake in GM

  DETROIT (AP) — The U.S. government ended up losing $10.5 billion on its bailout of General Motors, but still says the alternative would have been much worse. Treasury Secretary Jacob Lew announced Tuesday that […]

12/09/2013

Trader Gregory Rowe, left, and specialist Anthony Rinaldi work on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)

Stocks surge as Washington closes in on debt deal

NEW YORK (AP) — Stocks are surging on Wall Street as Washington closes in on a deal to avoid a default by the U.S. government. The Dow Jones industrial average spiked 200 points, or 1.3 […]

10/16/2013

Fitch puts US credit rating on negative watch

WASHINGTON (AP) — The Fitch credit rating agency has warned that it is reviewing the U.S. government’s AAA credit rating for a possible downgrade, citing Thursday’s looming deadline to increase the nation’s borrowing limit. Fitch […]

10/15/2013

Members of Congress walk down the steps of the House of Representatives on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite, File)

US budget deficit shrinks 35 percent from last year

WASHINGTON (AP) — The U.S. government posted a narrower budget deficit in August compared with a year ago, keeping the annual gap on track to be the smallest in five years. The deficit for August […]

09/12/2013

(AP Photo)

Google asks FISA court to lift gag order

WASHINGTON (AP) — Google on Tuesday sharply challenged the federal government’s gag order on its Internet surveillance program, citing what it described as a First Amendment right to divulge how many requests it receives from […]

06/18/2013

Yahoo logo

Yahoo discloses number of US govt data requests

SUNNYVALE, Calif. (AP) — Yahoo is the latest company to disclose how many requests for user data it has received from U.S. government agencies, putting the number between 12,000 and 13,000 in the six months […]

06/18/2013

(AP Photo)

CBS Twitter feeds are compromised

NEW YORK (AP) — The Twitter accounts for two national CBS programs have been compromised and suspended. (Click to read more)

04/20/2013

Standard & Poor's

US sues S&P over pre-crisis mortgage ratings

WASHINGTON (AP) — The U.S. government says Standard & Poor’s knowingly inflated its ratings on risky mortgage investments that played a key role in triggering the 2008 financial crisis.

02/05/2013

(AP Photo)

Confession may lead to legal woes for Armstrong

LOS ANGELES (AP) — By admitting to Oprah that he doped during his professional cycling career, Lance potentially opened himself up to a stream of litigation that could hurt his pocketbook for years to come.

01/18/2013

(AP Photo)

Moody’s pressures Congress to deal with deficit

WASHINGTON (AP) — Moody’s Investors Service says Congress must go beyond its deal this week and come up with a plan to shrink the budget deficit if it wants to keep the U.S. government’s top credit rating.

01/02/2013

Feds seek full court review of cigarette warnings

RICHMOND, Va. (AP) – The U.S. government is asking a federal appeals court to rehear a challenge to a requirement that tobacco companies to put large graphic health warnings on cigarette packages. A three-judge panel […]

10/09/2012

FACT CHECK: Social Security adds to budget deficit

By Stephen Ohlemacher, Associated Press Now that Social Security is paying more in benefits than it collects in taxes, there is a fierce debate among politicians, academics and advocates about whether those shortfalls are adding […]

08/10/2012

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