Construction of single-family homes fell 5.3 percent in June to the slowest pace in 17 years, the Commerce Department reported Thursday.
The Internal Revenue Service urged Congress Thursday to give authorities more time to audit taxpayers suspected of using foreign entities and bank accounts to avoid or evade federal taxes.
Transportation Secretary Mary Peters announced Wednesday a new safety requirement calling for the installation of a device to prevent fuel tanks of passenger jets and cargo planes fuel from exploding. The change grew out of an investigation of the explosion of a TWA flight leaving New York in 1996 that killed all 230 people aboard. The change in equipment will be made over the next nine years.
Companies collected millions of dollars in government contracts by falsely claiming to have main offices in poor neighborhoods, congressional investigators with the Government Accountability Office reported Wednesday.
Birmingham, Ala., renamed its airport Wednesday in honor of the Rev. Martin Luther King Jr., whose civil rights efforts in the once strictly segregated city had been met with strong resistance in the 1960s.