A scathing report released by the State Auditor says California's Employment Development Department failed to use a federal program to recoup $500 million in unemployment insurance over payments in the last three years.
The number of U.S. households with a net worth of $1 million or more, excluding primary residence, rose to 9.63 million in 2013, according to a new report from Spectrem Group, a consulting and research firm.
March 14 (Bloomberg) -- China's weakest start to a year for investment growth since 2001 and unexpectedly slow industrial production add pressure for economic stimulus, just as Premier Li Keqiang signals he wants to avoid such a move.
Another analyst at Steve Cohen's SAC Capital Advisors has admitted to insider trading - the tenth person from the notorious hedge fund to be caught in the Securities and Exchange Commission's decade-long probe.
Reuters: The U.S. government posted a smaller budget deficit than expected in February as receipts came in stronger than in the same period a year ago.