A government health insurance plan included in the House bill is unacceptable to a few Democratic moderates who hold the balance of power in the Senate.
This weekend, the US House of Representatives passed its version of health care reform and now awaits a version from the Senate. The debate has been heating up since earlier this summer when President Obama was pushing for legislation before the summer recess. Here are the biggest S&P Health Care gainers and losers over while the debate has waged on.
The healthcare reform that the House of Representatives approved late Saturday is bad for the US and will actually damage the health care system, Steve Forbes, CEO at Forbes, told CNBC Monday.
It appears that Washington is about to enact sweeping legislation that will be the greatest shift in public policy in decades. Yes, we can bemoan the lack of a completely private enterprise driven system but the reality is Big Brother is here and he's not going away. Without a doubt there will be implications for investors that need to be considered; and it's not all bad news from an investment perspective.
The Obama administration on Friday rejected a proposal by Goldman Sachs to buy as much as $1 billion in tax credits from Fannie Mae, saying the deal would have amounted to a net loss for taxpayers, the New York Times reports.
The headline number of 10.2% will be shouted from the mountain tops and from the voters. The Federal Reserve and the US Treasury are in the glare of the klieg lights to get something done to arrest the job losses.
Stocks at their highest level in 6 trading sessions....what's up? It's simple: the economic data continues to improve.
October retail sales generally positive, not as robust as last month, but we don't have the back to school stimulus that we had last month.
Market participants have been trying to wade through the murky policy outlook from Washington – on President Obama’s domestic priorities, the Federal Reserve’s outlook on interest rates, and plans to unwind financial rescue programs.
Here's former Massachusetts Governor Mitt Romney's take on last night's Kudlow Report discussing President Obama's handling of the economy, stimulus programs, healthcare and much more.
When Larry Summers, the President's Director of the National Economic Council, convenes the Obama administration's top economic officials this afternoon, they'll have no shortage of issues on the agenda: job losses, tepid growth, skyrocketing deficits, a weakening dollar, and tax increases just to name a few.
The President’s Economic Advisory Board will hold a public meeting on job innovation today, and Charles Phillips, president of Oracle and a member of the board shared a preview with CNBC's "Squawk Box' team on Monday.
Maria Bartiromo will be hosting a special edition of Closing Bell today live from the CME Global Financial Leadership Conference in Naples, Florida and will get rare and exclusive access to Paul Volcker, Former Chairman of the Federal Reserve.
Stocks have given up all of yesterday’s strong gains now. The markets drifted lower into the early afternoon as the dollar flirted with its own session highs. Then, as the S&P 500 fell below its Wednesday close of 1,042 (which was a 3-week low), the markets took another move lower. A notable increase in volume of the S&P 500 SPDRs was also seen by traders as the S&P fell below this support level.
Two months after going on the market, a house next door to President Barack Obama's Chicago home is still waiting for a buyer- and for good reason.
More than 650,000 jobs have been saved or created under President Barack Obama's economic stimulus plan, the White House said Friday, saying it is on track to reach the president's goal of 3.5 million jobs by the end of next year.
We can count our blessings. We can count sheep. We can count our chickens before they hatch. We can even count how many licks it takes to get to the Tootsie Roll center of a Tootsie Pop.
The health care overhaul bill produced by House Democrats would impose an array of new taxes, fees and government mandates on major players in the health industry, including insurers, doctors and drugs and medical devices makers.
After months of struggle, House Democrats unveiled sweeping legislation Thursday to extend health care coverage to millions who lack it and create a new option of government-run insurance
The hopeful mood that accompanied the start of President Obama's term has given way to deepening concern about the nation’s economic troubles, according to a new NBC News/Wall Street Journal poll.