Standard and Poor’s is the first rating agency to face civil fraud charges from the federal government. The Justice Department filed a civil complaint against the company on Monday. It’s the first federal enforcement action against a credit rating firm since the financial crisis almost five years ago.

The push for immigration reform got a shot in the arm this week when a bipartisan group of eight U.S. senators released a comprehensive proposal that would provide a path to citizenship for the country's 11 million undocumented workers. 

CEOs, political leaders and even a few celebrities are meeting to rub elbows and discuss the world’s biggest political and economic challenges this week at the annual World Economic Forum in Davos, Switzerland.

Today is the deadline to submit claims for a piece of the $25 billion mortgage settlement state attorneys general reached with the five largest mortgage servicers in February 2012. 

Congress narrowly avoided the fiscal cliff, but now lawmakers face a three-pronged problem that some in Washington say makes the fiscal cliff look like a cakewalk. 

For years, we've heard that the markets hate uncertainty and that businesses will stay on the sidelines and hold on to profits when it's unclear how policymakers will act. 

Philanthropic giving tends to peak in December as big and small donors alike squeeze their donations in before the end-of-year tax deadline. 

A week after the tragedy at Sandy Hook Elementary, the mass shooting continues to have a ripple effect in the conversation around guns, even in the financial community. 

Ever since the presidential election, the business press has been consumed with the negotiations in Washington to avoid the December 31st fiscal cliff. 

The nation's biggest banks are facing job losses, falling revenue, big spending cuts, not to mention core questions about their very size and scope.