Senate reaches agreement that could avert a government shutdown, but House approval is still needed.
A federal shutdown remains a possibility, but the Senate vows to try again Monday.
For the third time this year, the government nears shutdown, with disaster relief funds the sticking point.
Top U.S. banks say they will lend $20 billion to small businesses over the next three years.
Wisconsin senator wants fewer contractors but one idea may create jobs for contractors and still save money.
The Obama administration issued new instructions to agency and department heads that warned of a "difficult year" ahead for budget cuts.
If Congress fails to raise the government's debt limit before the Aug. 2 deadline, the federal government would face an unprecedented situation and federal employees are bound to be affected.
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The service's 2012 Modernization Plan puts focus on using technology to maximize resources amid dwindling funds.
Defense contractor announced June 30 that it will cut an additional 1,500 jobs from its airplane-making sector.