Lindsey Piegza, Sterne Agee chief economist, and CNBC contributor Michael Farr, dig into current market conditions and when the Fed may taper.» Read More
Some furloughed workers may receive both back pay and unemployment. Cathy Areu, Washington Post Magazine, and Diana Furchtgott-Roth, Manhattan Institute, debate the double compensation.
All federal workers furloughed during the government shutdown will receive their back pay but some in certain states will also get unemployment pay. CNBC's Hampton Pearson has the details.
Oct 17- UnitedHealth Group Inc said on Thursday that its third-quarter profit rose about 1 percent as the enrollment of an additional 275,000 people in its health insurance plans offset higher operating costs in its private Medicare business.
WASHINGTON, Oct 16- The U.S. America would begin to miss payments sometime between Oct. 22 and the end of the month, according to the Congressional Budget Office. -$12 billion payment to the Social Security pension program.
*Patriot also reaches settlement with Arch Coal. Oct 10- Patriot Coal Corp said it settled all health and pension-related claims against Peabody Energy Corp in exchange for key funding, which would help the company emerge out of chapter 11 bankruptcy by the end of the year.
The House voted to resume Military death benefit payments, reports CNBC's Dominic Chu. However, the Defense Department says it cannot process the payments during the shutdown.
WASHINGTON, Oct 8- Tourism sagged near U.S. national parks, Washington- area workers filed more unemployment claims and futures markets grappled with a lack of data as the government shutdown, now in its second week, stretched across the nation and upset many aspects of American life.
CNBC's Hampton Pearson reports Z-Burger has been giving away burgers to government employees who show their ID. The DC economy is taking at least a $200,000 daily hit.
NEW YORK, Oct 2- Stephanie Desaulniers is among the millions of Americans seeking information on new Obamacare health insurance plans launched this week, not because she lacks coverage, but because she's ready for a better deal.
CNBC's Jon Fort reports Oracle is defending its CEO Larry Ellison against critics who are upset over Ellison's pay package.
NEW YORK, Oct 2- Long Island publicist Brian Erni works for a company that would extend health insurance to his wife if he would pay for it. Families across the United States are facing similar situations as many companies plan to trim, eliminate or charge extra for benefits for employees' spouses in 2014, when key parts of healthcare reform take effect.
*Obama and Senate reject plan, call for full funding. WASHINGTON, Oct 1- President Barack Obama and congressional Republicans came no closer to ending a standoff on Tuesday that has forced the first government shutdown in 17 years and thrown hundreds of thousands of federal employees out of work.
WASHINGTON, Oct 1- The White House rejected a Republican plan to reopen portions of the U.S. government on Tuesday as the first shutdown in 17 years closed landmarks like the Statue of Liberty and threw hundreds of thousands of federal employees out of work.
WASHINGTON, Oct 1- Up to one million federal workers were thrown temporarily out of work on Tuesday as the U.S. government partially shut down for the first time in 17 years in a standoff between President Barack Obama and congressional Republicans over healthcare reforms.
*Vallejo struggling to pay pension costs. Vallejo's plight, so soon after bankruptcy, is an object lesson for three U.S. cities going through that process today- Detroit, Stockton and San Bernardino, California- because it shows the importance of dealing with pension obligations as part of a financial restructuring, experts say.
The agency has blamed the payments, more than $5 billion a year as mandated by Congress to prefund the Postal Service's future retirees' healthcare, for contributing to annual losses of billions of dollars. Last year, the mandate accounted for a large portion of the Postal Service's $16 billion net loss.
NEW YORK, Sept 30- Nobody wants their health benefits cut, but a funny thing happens when U.S. consumers shop for plans on their own: They buy less coverage than they had before. That "buying low" behavior observed in data collected by consulting companies like Aon Hewitt and Liazon Corp may soon happen much more often.
PNC found the five most serious threats to your retirement. CNBC's Sue Herera breaks it down.
CNBC's Seema Mody reports BlackBerry CEO Thorsten Heins could rake in $55 million if the company is sold or his job is terminated; and Brian Colello of Morningstar, thinks the company wanted to offer a pay package to avoid another CEO shift.
DETROIT, Sept 26- Detroit's emergency manager proposed freezing pension benefits for some current city workers starting in 2014 and will launch a two-month probe into the city's dysfunctional and error-prone handling of employee benefits.