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The federal tax rate for U.S. corporations is nearly 40 percent, the second-highest among industrialized nations. Critics say the best way to create jobs would be to lower it. But others say various tax breaks, exemptions and deductions have some paying far lower taxes.

The infamous Malaysian businessman Leonard Glenn Francis is being extradited to the U.S. Here's everything you need to know about the bribery scandal that brought down dozens of Navy officials.

On balance, the latest jobs report suggests the economy is continuing to grow, though modestly. But a closer look at retail employment suggests this may be a gloomy holiday season for people who want seasonal jobs.

The Consumer Financial Protection Bureau issued a new rule Tuesday capping late fees on credit cards, a move designed to save customers an estimated $10 billion a year. Critics promised a lawsuit.

Former Treasury Secretary Larry Summers argues that high interest rates are contributing to people's gloomy economic mood. Sentiment may improve, though, if the Federal Reserve begins to cut rates.

The former president received a second fine for violating a gag order prohibiting him from speaking about witnesses, jurors, court staff and their families. Trump is trying to appeal the gag order.

Michael Sanchez was testing out his new camera when he happened upon a feathered subject. The blue rock-thrush he photographed on the coast of northern Oregon last week has excited the birding world.

The couple whose catamaran was hijacked last week by three escaped prisoners were presumed dead and likely had been thrown into the ocean, police said.

Students for Biden Harris is focused on building a large volunteer base of young supporters through student-led groups. Recruiting young voters could be key to President Biden's reelection hopes.

The hikers were visiting a popular Arizona tourist destination that features towering blue-green waterfalls on the Havasupai reservation deep in a gorge neighboring Grand Canyon National Park.