Council of Economic Advisers Chairman Jason Furman says the employment number was good, but more work remains to be done. He also explains why the administration thinks it's important to extend unemployment benefits.» Read More
Researchers at New York University and University of California, Berkeley analyzed 96 metropolitan areas across the United States to see how a lack of economic integration within cities affects people's economic fortunes.
CNBC's John Harwood reports on President Obama's comments on wealth and the minimum wage.
WASHINGTON, Dec 4- More people signed up on the government's new health insurance website on the first two days of December than in the entire first month of the launch of President Barack Obama's healthcare reform, sources familiar with the numbers said on Wednesday.
Dec 4- Shares of CGI Group Inc, the parent of CGI Federal- the main contractor behind the glitch-plagued Healthcare.gov- slid on Wednesday after prominent short-seller Jim Chanos placed a major short position, citing among various reasons its "PR mess" with the rollout of the Affordable Care Act Exchanges.
President Obama put a renewed focus on the income gap between rich and poor as he begins setting the agenda for the rest of his presidency.
Dec 4- Shares of CGI Group Inc, the parent company of CGI Federal, dropped as much as 5.5 percent after "Newsweek" reported that prominent short-seller Jim Chanos counts the stock among his "largest short positions." CGI Group, whose CGI Federal is the main contractor behind the glitch-plagued Healthcare.gov, has been an investor favorite for nearly five years.
CNBC's John Harwood reports President Obama is going to sell the economic benefits of Obamacare during his speech to the Center for American Progress.
BOISE, Idaho-- Idaho will let insurance carriers reinstate coverage for thousands of people who were due to have policies canceled under President Barack Obama's health care overhaul.
WASHINGTON-- The D.C. Council voted unanimously Tuesday to increase the District of Columbia's minimum wage to $11.50 an hour, one of the nation's highest. Last month, suburban Montgomery and Prince George's counties in Maryland also approved raising their minimum wages to $11.50.
Oklahoma Attorney General Scott Pruitt discusses why Obamacare subsidies are not legal in federal exchanges.
WASHINGTON, Dec 3- The heads of two U.S. Senate committees overseeing national security have expressed concern to the Obama administration over a recent network supply deal between China's Huawei Technologies Co Ltd and Washington ally South Korea.
WASHINGTON, Dec 3- Looking to bolster his support after a rocky couple of months, President Barack Obama will speak out on income inequality and economic mobility, issues likely to resonate with his core supporters, in a speech on Wednesday.
WASHINGTON, Dec 3- President Barack Obama's administration has found a short-term fix to pay insurance companies for plans selected on HealthCare.gov, the not-yet-complete government website used to shop for insurance required under Obama's healthcare program.
President Obama said the White House is not repealing Obamacare as long as he is president. CNBC's Eamon Javers reports the latest.
WASHINGTON, Dec 3- The heads of two U.S. Senate committees that oversee national security have expressed concern to the Obama administration over news reports that China's Huawei Technologies Co Ltd has been chosen to build a nationwide wireless network in South Korea.
In an audit, the Treasury Inspector General for Tax Administration, said two new IRS systems to catch tax refund fraud are under development. In response to the TIGTA findings, White House spokesman Jay Carney said on Tuesday: "The IRS aggressively safeguards our information systems and combats tax fraud.
WASHINGTON, Dec 3- Wall Street banks will get the final decision about a controversial ban on betting with their own money next week after years of debate, as three U.S. regulators each announced meetings to vote on the Volcker rule.
WASHINGTON, Dec 3- The U.S. unemployment rate could fall substantially early next year as belt-tightening in Washington throws more than a million long-term unemployed Americans off the benefit rolls.
The US unemployment rate could fall early next year as cuts throws more than a million long-term unemployed Americans off the benefit rolls.
CNBC's John Harwood reports President Obama is speaking to highlight the positives under the Affordable Care Act and is pushing enrollment on exchanges despite issues on the sites.