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Contrary to the claim that “the rich” aren’t paying their “fair share” of taxes, the IRS says that about half of Americans — that is, the poor — pay no income tax.

Rep. Steve Stockman (R-Texas) has proposed bill to ensure that virtual currencies are treated as currency for tax purposes, which would reverse the IRS ruling that Bitcoin will be taxed, retroactively, as property.

Speaking at the conference for community organizers and developers hosted by the Chicago Federal Reserve on March 31, Federal Reserve Fed Chair Janet Yellen said that the U.S. economy will need Fed stimulus for “some time.”

Connecticut Governor Dannel Malloy proudly announced on Thursday that his state is the first to raise the minimum wage to $10.10 an hour — bad move.

Tesla Motors' business model of selling its electric vehicles directly to consumers is being opposed by auto dealerships.

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