Oct 18 Watch 7:27 Why the federal deficit is rising, despite economic growth With the close of the government's fiscal year, numbers out this week show the federal budget deficit taking a 17 percent jump from 2017, despite significant economic growth. John Yang takes a closer look into the data and speaks with… Continue watching
Oct 18 Watch 9:21 Proposed immigration policy penalizes legal residents for use of public benefits By Catherine Rampell The Trump administration has proposed reinterpreting a piece of immigration law intended to screen whether legal immigrants are likely to be self-supporting or end up consuming public benefits. Known as the “public charge” rule, it’s sowing concern even among green… Continue watching
Oct 18 Companies are paying less after the GOP tax cut, and it’s showing in the deficit By Gretchen Frazee Corporations paid $205 billion in taxes during fiscal year 2018, $92 billion less than the year before. Continue reading
Oct 18 From entry-level to executive, today’s jobs demand digital literacy By Benjamin Herold, Education Week At one health industry company, digital literacy skills are needed across the board. Continue reading
Oct 18 Treasury Secretary Mnuchin won’t attend Saudi investment conference By Martin Crutsinger, Associated Press Mnuchin has pulled out of the conference in Saudi Arabia following the disappearance of journalist Jamal Khashoggi. Continue reading
Oct 17 Medicare open enrollment has begun. Here’s how to navigate your options By Philip Moeller The 43 million people who use private Medicare Advantage plans will likely need to use the online Plan Finder tool to evaluate plans during in the 2019 enrollment period, which runs through Dec. 7. Continue reading
Oct 17 Canada just legalized pot. Who could profit? By Gretchen Frazee Canada is only the second country in the world to legalize recreational marijuana, opening up a multi-billion dollar market to businesses and investors. Continue reading
Oct 16 Dow climbs 547 points as stocks recover some of last week’s losses By Marley Jay, Associated Press U.S. stocks rocketed to their biggest gain in six months Tuesday following strong earnings from major financial and health care companies as well as encouraging reports on the economy. But even with the big gains, major indexes are still broadly… Continue reading
Oct 16 Escalating attack, Trump calls the Federal Reserve his ‘biggest threat’ By Martin Crutsinger, Associated Press President Trump said he doesn't speak with Chairman Jerome Powell because of the Fed's political independence but said, "I'm not happy with what he's doing because it's going too fast" in raising rates at a time when inflation has remained… Continue reading
Oct 16 What the CVS-Aetna merger could mean for you By Laura Santhanam The move could make health care more expensive for consumers while delivering higher profits to executives, opponents say. Here is what we know so far about this merger and its potential effect on your health care. Continue reading