Bernanke said the Fed could begin winding down its bond-buying program at one of its "next few meetings" if the economy continues to improve, but warned that a step down won't mean the Fed has started a one-way march to the exit.

The website of former U.S. Rep. Anthony Weiner said he was running for New York City mayor, confirming weeks of speculation about the scandal-tainted politician's bid to return to office

Deputy Treasury Secretary Neal Wolin plans to tell Congress he learned in 2012 of an audit of the IRS's processing of nonprofit applications.

Lois Lerner, the head of the IRS office that targeted conservative groups, intends to invoke her constitutional right against self-incrimination and decline to answer questions at a hearing on Wednesday.

City Councilman Eric Garcetti will become the next mayor of Los Angeles, home to nearly 4 million residents.

An Orlando, Fla., man whom U.S. law enforcement questioned as an associate of the Boston bombing suspects was shot and killed after he tried to attack an FBI agent.

Apple's tax strategies came under harsh scrutiny Tuesday in the Senate, where lawmakers are finding it far easier to call for a simpler tax code than to produce one.

More than half of U.S. doctors have switched to electronic health records and are using them to manage patients' basic medical information and prescriptions.

The Senate Judiciary Committee passed a sweeping reworking of immigration laws on Tuesday evening, giving a bipartisan bill its first formal stamp of approval in Congress.

Federal investigators apparently accessed records of calls to and from a phone number at Fox News Channel in their leak investigation of a former State Department contractor, according to a court document.

The Chemical Safety Board, which investigates industrial accidents, said a rival federal agency has thwarted its efforts to delve into last month's deadly fertilizer-plant blast in West, Texas.

Tim Cook challenged Senate investigators who reported Apple paid no corporate income tax on tens of billions of dollars in overseas income over the past four years and urged reforms.

Lawmakers are tussling over the Obama administration's plans to create a small army of assistants to guide millions of Americans, as they sign up for new health-insurance options available this fall.

U.S. regulators will soon vote on which large nonbank financial firms will face much stricter government oversight, Treasury Secretary Jacob Lew will tell Senate lawmakers Tuesday.

The IRS briefed the Treasury Department extensively last month about a looming report that would find the agency had inappropriately targeted applications from conservative groups seeking tax-exempt status.

Apple paid no corporate income tax to any nation on tens of billions of dollars in income over the past four years, Senate investigators disclosed ahead of a hearing on Tuesday.

An ex-top federal prosecutor in Arizona leaked internal documents to reporters in 2011, aiming to undermine a congressional investigation into the Fast and Furious sting, the Justice Department inspector general said.

The IRS flap eats away at the underpinnings of what Obama promised in 2008: a revival of confidence that government is capable of solving problems, writes Gerald F. Seib.

The justices said they will review an appeals-court ruling that held that Greece, New York, violated the Constitution by opening nearly every meeting over an 11-year span with prayers that stressed Christianity.

Federal officials charged the Arkansas state treasurer Monday with extorting thousands of dollars from a financial broker interested in obtaining more of the state's bond business.