Many hospitals are slashing jobs and cutting patient services citing Medicare cuts, the difficult health care landscape, and the Affordable Care Act as the reasons behind their decision.
Republicans received a higher rating than Democrats on handling the economy, foreign policy, and reducing the federal deficit according to a new Wall Street Journal/NBC News poll.
The Treasury Department announced the sale of $811 million worth of General Motors (GM) stock in August, while the Canadian government shed 30 million shares in September.
The government retains an estimated 186 million shares of GM stock, according to the Associated Press. Those remaining shares are only worth $6.77 billion at GM’s current $36.40 stock value, less than half of what is needed to cover the $14.1 billion the company owes the United States.
A New York City judge has awarded strippers the right to a minimum wage for dancing on stage in minimum clothing.
A new IHS Global Insight report showed that fracking added an estimated $1,200 to real household disposable income in 2012, the Wall Street Journal reports.
Healthcare reform and a flurry of Obama administration regulations have caused internal divisions within the labor movement and led one of the Democratic Party’s biggest supporters to publicly rebuke the president.
Employers of low wage workers are cutting work weeks as Obamacare implementation comes closer, according to Investors Business Daily.
A Pennsylvania local union officer argued last week that hundreds of families will lose their jobs due to the Environmental Protection Agency’s (EPA) anti-coal agenda, according to the Pittsburg Post-Gazzette.
An Obama appointee and the CEO of Pacific Investment told a crowd at the National Press Club that Obama’s economic policies have fostered income inequality and that political squabbling is stalling economic recovery.
Ally Bank announced their intent to repay the Treasury Department $6 billion on Tuesday, which will leave about $5 billion left on the $17 billion bailout it received from taxpayers in 2008.
The bank sold nearly $1 billion in stock in order to make the payment, according to Reuters. The payment will be made if the bank passes its latest stress test.