Government Finance

So-called 'Frack Master' pleads guilty in Dallas to fraud

Oct 23, 2018

Prosecutors say a Dallas businessman who dubbed himself the "Frack Master" and went on TV to discuss oil and gas has pleaded guilty to fraud and tax evasion in an $80 million scam

Trump wants to push middle-income tax cut through Congress

Oct 22, 2018

President Donald Trump wants to push a new middle-income tax cut through Congress after the midterm elections, though he's not offering specifics on the plan.

World stocks push past growth worries in China, Italy

Oct 22, 2018

World markets are higher, brushing off potential concerns about slower growth in China and a credit rating downgrade of Italy over its spending plans.

US stocks wobble at the end of another shaky week of trading

Oct 19, 2018

US stocks give up an early gain and finish mixed as consumer goods maker Procter & Gamble surged, but health care stocks and smaller companies fell

New tax break rules for 'opportunity zone' investors

Oct 19, 2018

Government proposes tax break rules to lure 'opportunity zone' investors

Markets Right Now: US stock indexes end a bumpy week mixed

Oct 19, 2018

U.S. stocks gave up an early rally and struggled to another mixed finish as investors continued sell former favorites like retailers.

What happens if you win Mega Millions' $900M jackpot?

Oct 18, 2018

Lottery officials have some advice if you win the $900 million Mega Millions jackpot up for grabs Friday night

AP FACT CHECK: Noem lacks proof Sutton supports income tax

Oct 17, 2018

AP FACT CHECK: Republican governor candidate Kristi Noem alleges her Democratic opponent, Billie Sutton, supports an income tax in heavily conservative South Dakota. The claim is mostly false.

Dems shift line of attack, warning of GOP threat to Medicare

Oct 17, 2018

With the GOP tax plan contributing to rising federal deficits, Democrats are warning that Republicans will go after cuts to Medicare, Medicaid and Social Security to balance budgets if they control Congress after the midterms

Trump ask Cabinet to cut next year's budgets by 5 percent

Oct 17, 2018

President Donald Trump says he's asking every Cabinet secretary to trim their budgets for next year by 5 percent, dubbing it the "nickel plan."