Chinese foreign direct investment in the United States totaled $18 billion in the first half of 2016 and is on track to hit another record this year, according to a report from the U.S.-China Economic and Security Review Commission.
House Speaker Paul Ryan (R., Wis.) is working to assure Americans that no one will be worse off while Republicans repeal and replace the Affordable Care Act amid reports that millions of people could lose coverage during the transition period.
Health insurers approve of repealing Obamacare’s individual mandate, the part of the law that forces Americans to purchase health insurance or pay a penalty, among other provisions included in replacement plans put forth by Republicans.
New York Fed President William Dudley said that he sees a smaller role for the Federal Reserve’s monetary policy going forward and instead sees a larger role for fiscal policy.
The Obama administration has put forth 25 so-called “midnight” regulations, which will cost the economy $44.1 billion, according to a report from the American Action Forum.
Health care spending in the United States grew 5.8 percent in 2015, hitting a record high of $3.2 trillion, according to the latest estimates from the Centers for Medicare and Medicaid Services.
The number of Americans not participating in the labor force hit a new record in November, exceeding 95 million for the first time, according to the latest numbers released by the Bureau of Labor Statistics.
Indiana is offering United Technologies tax breaks to help keep jobs in the state, the Wall Street Journal reported.
Newly elected Republican Study Committee Chair Rep. Mark Walker (R., N.C.) said that tax reform and repealing Obamacare are two agenda priorities in the upcoming year.
The number of new customers who have submitted an application and selected a health care plan through Healthcare.gov is down by nearly 200,000 from last year, according to the latest open enrollment figures released by the Centers for Medicare and Medicaid Services.