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Instead of curbing government spending, President Barack Obama’s healthcare law could add up to $530 billion to the federal debt over ten years, a Republican expert on U.S. government benefit programs said on Tuesday.
A study by Charles Blahous, a George Mason University research fellow and the Republican trustee for the Medicare and Social Security […]
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The number of working Americans earning so little they lived in poverty reached 7.2 percent of the labor force in 2010, the highest level in at least two decades, the government said on Friday.
The Bureau of Labor Statistics counted 7.6 percent of women among the working poor, compared to 6.7 percent of men. In […]
Conservative justices are sharply questioning whether the government can force Americans to carry health insurance or pay a penalty. That’s the key question as the Supreme Court turns to the heart of President Barack Obama’s health care law.
Chief Justice John Roberts, along with Justices Antonin Scalia and Samuel Alito, is pressing Solicitor General Donald Verrilli […]
Hong Kong picks its new chief executive today, after a campaign marked by personal scandals, public discontent over a widening wealth gap and protests for greater democracy.
A 1,193-member committee of billionaires, including Hong Kong
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Oil prices fell to near $107 a barrel Tuesday in Asia, slipping from close to 10-month highs ahead of new data on the U.S. economy.
Benchmark oil for April delivery was down 80 cents to $107.29 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.03 […]
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The number of Americans filing claims for jobless benefits rose to 362,000 last week, a level consistent with an improving labor market.
Applications for unemployment insurance payments increased by 8,000 in the week ended March 3, Labor Department figures showed today. Economists forecast 352,000 claims, according to the median estimate in a Bloomberg News survey. […]
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An inquiry into Australian media prompted by last year’s News Corp. scandal recommended on Friday better oversight of the industry and called for the establishment of a government-funded council to set and enforce journalistic standards.
The investigation was launched after Rupert Murdoch’s News Corp. closed its top-selling British tabloid, News of the World, last year over […]