The GAO said that 11 out of 12 fictitious applicants secured government subsidized healthcare. NBC News reports.» Read More
Speaker of the House John Boehner on Tuesday said the government shutdown could last a week or longer, a top aide to the Republican leader told CNBC.
Chinese citizens have been huffing over a building that's been erected in China's Jiangsu province. This giant, copper puffer fish costs about $11.5 million to build and hovers around 15 storeys above the ground.
American seniors tight on savings on will soon face new hurdles in financing retirement through the federal government's reverse mortgage program.
Cutbacks on subsidies for flood insurance are causing premiums to rise. Meanwhile, those who have coverage see difficulties in filing claims.
One of the biggest mistakes President Obama is making in the current debate is his repeated and stubborn refusal to negotiate.
Boehner said he was confident that majority House Republicans would pass a stop-gap funding measure that denies money for "Obamacare" reforms.
With its currency in meltdown and growth at the lowest in the past decade, India's government on Monday passed a $19.8 billion-a-year food subsidy bill.
The Department of Veterans Affairs and the Department of Defense spent $1.3 billion during the last four years trying to develop a single electronic health-records system.
As the cloud-based event management software company Cvent opened for trading Friday, its founder and CEO said that new regulations helped the company raise money on the public market.
There's no reason the Fed should taper asset purchases and instead the government needs to increase spending, said Byron Wien, vice chairman of Blackstone Advisory Partners.
The delay of one of the key provisions of the Affordable Care Act has raised many questions. CNBC invited different analysts and experts to discuss the implications of the postponement.
Europeans are angered with the U.S. over new leaks on the NSA spying program, with CNBC's Eamon Javers; James Bamford, author of "The Shadow Factory"; and Heather Conley, Center for Strategic & International Studies.
Israel is making a free-market move, with a new political party aiming to reduce the welfare rolls — and avoid a Greece-like situation, argues Kudlow producer Jake Novak.
Many states are recovering form record budget deficits. One key piece of the recovery is revenue from taxes
One phrase has permeated the discussion about the NSA spying program over and over. "Nobody is listening to your phone calls." But is "watching" your phone calls just as intrusive?
Britain should shut down 30 rundown prisons and build 12 modern "hub prisons" with a capacity of up to 3,000 inmates each, according to a new report.
Sen. Bob Corker, (R-TN), shares his views on why the government should get its fiscal house in order through entitlement and tax reform, privatizing intelligence gathering, and implementing GSE reform.
The Treasury Department says it will begin another round of sales of the General Motors stock it acquired during the government's bailout of the auto industry.
Richard Jerram, Chief Economist at Bank of Singapore and Nick Maroutsous of Kapstream Capital react to Prime Minister Shinzo Abe's long-term structural reforms.
The government reports that Medicare's hospital trust fund will be exhausted in 2026 and that Social Security will exhaust its trust fund in 2033.