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The IRS spent more than $4 million on a single conference, according to a report from the agency's inspector general. The tax agency spent nearly $50 million on conferences in fiscal 2010 to 2012. The report is another blow to the IRS which was already under fire for giving extra scrutiny to Tea Party and other conservative groups.
For the last five years, Graduation Day was as much a time for apprehension as for celebration. Prospects for those entering the workforce for the first time were bleak. The class of 2013 — whether from high school or college — has cause for more optimism than previous classes.
Some financial experts say the fees charged by actively managed mutual funds are not worth it. Over the long haul, they could cost a retirement account tens of thousands of dollars. So NPR's Uri Berliner explores funds that have minimal expenses.
King Juan Carlos is suffering his lowest ever approval ratings. Some Spaniards roll their eyes at his high-flying lifestyle and now question the future of the monarchy.
Legendary mobster James "Whitey" Bulger faces 19 murder charges in a case that is expected to highlight corruption at some of the highest levels of law enforcement. Bulger was captured two years ago after a 16-year manhunt that began after he was allegedly tipped off to a pending indictment by his FBI handler.
Renee Montagne has business news.