'Working rich' prevail among today's top earners

Many blame idle millionaires for the rise in income inequality, but today's top earners are actually the "working rich," according to a new working paper co-authored by Princeton University.

Walmart raises US worker pay following tax cut

Walmart announced Thursday it will raise the minimum wage for more than a million US workers to $11 an hour and pay bonuses, crediting the US tax reform approved in December for making the changes possible.

Lew says Apple's tax fight could spur congressional action

U.S. Treasury Secretary Jacob Lew on Wednesday criticized a European ruling that Apple owes more than $14.5 billion in back taxes. But he said the decision may spur Congress to finally address the stalled effort to reform ...

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