The federal government recorded a budget deficit of $208.7 billion in March, an increase of more than $32 billion from a year ago as revenues slipped and expenditures climbed. The Treasury Department reports that the February deficit was 18.4 percent higher than a year ago, largely due to increased expenditures on benefits for the military, veterans and recipients of supplemental…
The Associated Press and other news organizations are asking a judge to force the federal government to reveal how much it paid for a tool to unlock an iPhone used by one of the San Bernardino shooters. The news organizations said Monday there’s no reason for the FBI to withhold information on the cost of the tool or the identity…
A judge has dismissed Alabama’s lawsuit against the federal government over refugee placement. U.S. Magistrate Judge John Ott on Friday rejected Alabama’s claim that the federal officials were not consulting with states on where refugee placement. The dismissal comes a month after a judge threw out a similar Texas lawsuit, ruling that the state had no authority over resettlements that…
The Chinese government is believed to have hacked into computers at the Federal Deposit Insurance Corp. in 2010, 2011 and 2013, including the workstation of then-FDIC Chair Sheila Bair, a congressional report says. The report issued Wednesday by the Republican majority staff of the House Science, Space and Technology Committee cites a May 2013 memo from the FDIC inspector general…
DETROIT (AP) – General Motors and two dealer groups have settled complaints from the Federal Trade Commission that they touted the safety of used cars in advertising yet sold the cars without making recall repairs. The agency says Jim Koons Management, Lithia Motors and GM were named in administrative complaints. Under the deal, the companies can’t claim that used vehicles…
