Enrollment in private Obamacare plans topped 8 million, the president announced Thursday.
The jobless queue lengthened marginally last week, raising hopes for the recovery.
The CBO estimates that boosting the minimum wage would force businesses to spend $15 billion more in salaries in 2017.
California enrolled about 3.3 million in either private Obamacare plans or the state's version of Medicaid, officials said.
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Bank of America reported a loss of 5 cents per share in its first quarter earnings report, as its results were weighed down by $6 billion in litigation expenses. And investors were quick to make a withdrawal, as the stock dropped over 2 percent on the day.