The federal government fell further into the red in 2009, with its financial position hitting a deficit of $11.46 trillion.

Rep. Todd Tiahrt said Friday he has been completely vindicated by a U.S. House ethics committee that said it found no evidence of wrongdoing after an investigation into political donations and defense appropriation earmarks.

Smart people should make smart decisions. So why do the best and the brightest always seem to create more problems than they solve? This is not just an academic question, precisely because academics dominate the Obama administration and its approach to such key issues as health care and Iran’s

Online retailers have always operated in their own little corner of the retail world. Nowadays, they seem to exist in an alternate universe altogether. As traditional retailers struggle amid a halting recovery challenged by high unemployment and still-reluctant spenders, e-commerce companies have

Payrolls could give the U.S. stock market some direction next week as investors comb through the key report on one of the economy’s weakest areas.

The economy is now likely expanding at just half the brisk 5.9 percent pace at which the government on Friday estimated it grew last quarter. Business spending will make up for some of a slowdown in consumer spending — but not likely enough to reduce the jobless rate much.

The option market keeps shrugging off the boogeymen.

Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE:

UPS Inc., the world’s largest shipping carrier, will record a loss of roughly $40 million related to the sale of a specialized transportation and express freight business in Germany within its supply chain and freight segment.

Stocks rose on Friday, capping their best monthly advance since November as data showed the economy grew a tad better than expected in the fourth quarter.