WASHINGTON - The Internal Revenue Service official at the center of a scandal about extra tax scrutiny of conservative groups told Congress on Wednesday she had done nothing wrong but invoked her constitutional right not to answer questions. Full Article | Video
WASHINGTON - Home resales rose in April to the highest level in nearly 3-1/2 years and prices surged, offering the economy a buffer from the stiff headwinds posed by belt-tightening by Washington.
ORLANDO, Fla./WASHINGTON - An FBI agent shot and killed a man of Chechen origin who turned violent while being questioned about his connection to Tamerlan Tsarnaev, one of two Chechen brothers suspected of carrying out the Boston Marathon bombings. Full Article
MOORE, Oklahoma - Rescue workers with sniffer dogs picked through the ruins of an Oklahoma town to ensure no survivors remained buried after a deadly tornado left thousands homeless and trying to salvage what was left of their belongings. Full Article | Video
STOCKHOLM - Hundreds of young people have torched cars and attacked police in three nights of riots in immigrant suburbs of Sweden's capital, underscoring the country's failure to defuse youth unemployment and resentment of asylum seekers. Full Article
May 22 - World leaders go after low tax payments of Google, Apple and others. Plus, Amazon offers fans of popular books the chance to write related material for profit.
Politicians are hypocrites when they complain about the cross-border tax strategies of Apple and other multinationals. But "hypocrisy is the tribute vice pays to virtue." It’s high time that companies admit taxes on profit are fair payments for the help that governments give them. Commentary
To his supporters, he’s the personification of everything that’s best about the financial system. But to detractors, he’s the personification of all that’s wrong with modern banking — the arrogance, the resistance to new regulation, the astronomical pay in the face of obvious mistakes. Commentary
We are witnessing the slow death of public opinion in this country. It’s being displaced by party opinion. Elections today are less and less about persuasion and more and more about mobilization: You rally your supporters in order to beat back your opponents. Commentary
Japan’s property sector has been down in the dumps for decades. But the country's massive stimulus drive is finally convincing people to buy again as they bet interest rates and prices will rise. Video