New York (CNNMoney) - After taking the country to the edge of default, Republicans won virtually no concessions on the law they hate most: Obamacare.
Concerned that Affordable Care Act enrollees will scam the system to get federal subsidies to pay for insurance, the GOP demanded tighter income verification procedures for applicants.FULL STORY
New York (CNNMoney) – Would you like some bipartisanship with that latte?
Starbucks called Thursday for leaders in Washington to resolve the ongoing fiscal crisis, announcing plans to offer a petition on the subject to customers at its thousands of locations across the U.S.FULL STORY
New York (CNNMoney) – There's still a lot of confusion about what October 17 represents when it comes to the debt ceiling and the risk of a U.S. default.
First, make no mistake. Congress should have raised the debt ceiling weeks if not months ago.FULL STORY
New York (CNNMoney) – There are many assumptions about what the effects of Obamacare will be. This series aims to separate myths from realities and answer questions surrounding the Affordable Care Act.
Myth: Young people will pay a lot more for insurance under Obamacare.FULL STORY
New York (CNNMoney) – After months of contentious public debate, Larry Summers has withdrawn his name from consideration to become the next chairman of the Federal Reserve, sources familiar with the decision confirmed to CNN.
President Obama said he spoke with Summers earlier Sunday and accepted his decision.FULL STORY
Washington (CNNMoney) – Hiring continued at a slow pace in August, and the unemployment rate fell as more Americans dropped out of the labor force.
The U.S. economy added 169,000 jobs in August, the Department of Labor said Friday.FULL STORY
New York (CNNMoney) – The potential U.S. military strike in Syria is raising moral and political quandaries for Washington. Does it raise a fiscal problem as well?
After all, the Pentagon's budget has been curtailed recently in ways that top officials have warned would create a "hollow" force over the next decade.FULL STORY
New York (CNNMoney) – Millions of Americans won't have to pay full price for their Obamacare health insurance next year. But just how much they'll have to fork over depends on a couple different things.
Thanks to subsidies from the federal government, which will help pay for health insurance on state-based exchanges starting in 2014, many low- to moderate-income Americans will get a break on their premiums.FULL STORY
New York (CNNMoney) - For employers who rely on unpaid interns, it's been the summer of reckoning.
Hundreds of interns have filed lawsuits or raised complaints over working long hours for free. But one group of former interns is sidestepping the courtroom and going straight to the White House to fight for fair compensation.FULL STORY