SIOUX FALLS - The White House compiled the numbers from federal agencies and its own budget office. The numbers reflect the impact of the cuts this year. Unless Congress acts by Friday, $85 billion in cuts are set to take effect from March-September.
MENLO PARK, Calif. - Facebook has released its tax information and despite the fact that it made over a billion dollars in profits last year, the company won’t be paying any taxes, but will instead be collecting a $429 million refund.
WASHINGTON - U.S. employers added 157,000 jobs in January, and hiring was much stronger at the end of 2012 than previously thought, providing reassurance that the job market held steady even as economic growth stalled.