Cartoons

Slow Jobs Growth Stirs Worry

Slow Jobs Growth Stirs Worry

By Mike Smith 10/02/2014 17:44

The U.S. economy added 113,000 non-farm payrolls to the economy in January, and the unemployment rate dropped to 6.6%. How will Fed's tapering be affected by it? WSJ's Sudeep Reddy and Phil Izzo join the News Hub. Photo: Getty.

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Obamacare’s $70 billion pay cut

Obamacare’s $70 billion pay cut

By Rob Rogers 10/02/2014 17:20

In his State of the Union address, President Obama urged Congress to “give America a raise.” Well, it turns out that Obama is giving America a $70 billion annual pay cut, courtesy of Obamacare.

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ObamaCare could lead to loss of nearly 2.3 million US jobs

ObamaCare could lead to loss of nearly 2.3 million US jobs

By John Cole 07/02/2014 14:30

The long-term effect of ObamaCare on the U.S. economy was rewritten Tuesday with the Congressional Budget Office issuing a revised projection that nearly 2.5 million workers could opt out of full-time jobs over the next 10 years -- allowing employers to wipe 2.3 million full-time jobs off the books. Budget experts say that because ObamaCare offers an insurance alternative to employer provided coverage, many Americans who hold full-time jobs may decide to work part-time -- or not at all -- and get their coverage from the exchanges.

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No, CBO did not say Obamacare will kill 2 million jobs

No, CBO did not say Obamacare will kill 2 million jobs

By Henry Payne 07/02/2014 14:18

The CBO’s estimate is mostly the result of an analysis of the impact of the law on the supply of labor. That means how many people choose to participate in the work force. In other words, the nonpartisan agency is examining whether the law increases or decreases incentives for people to work.

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Obamacare doesn't kill jobs

Obamacare doesn't kill jobs

By A.F.Branco 07/02/2014 14:12

On Tuesday, the CBO released its update to the budget and economic outlook. Many in the media got it wrong. This isn't the first time that's happened.

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Europe Needs the Fed’s Medicine

Europe Needs the Fed’s Medicine

By 07/02/2014 14:12

One of the great ironies of the post-Lehman Brothers financial crisis is that the euro, a currency much of Wall Street thought unable to survive the storm, became a haven.

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Ready or not, Sochi Olympics now on the world stage

Ready or not, Sochi Olympics now on the world stage

By Lisa Benson 07/02/2014 13:56

The largest and most expensive Winter Olympic Games in history likely will be remembered for palm trees, reminders of Cold War tensions between the United States and Russia and high-flying flips in new events that offer X Games thrills.

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AOL cuts benefits, blames Obamacare

AOL cuts benefits, blames Obamacare

By Clay Bennett 07/02/2014 11:43

The tech firm will now pay its 401(k) company match only to employees who are active on Dec. 31 of that year, as opposed to in their paychecks throughout the year. So those who leave the company before the end of the year will forfeit the match.

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Heroin and Painkillers Come Together

Heroin and Painkillers Come Together

By 06/02/2014 18:34

Using the tragic death of a celebrity as a basis to discuss national drug problems is usually pointless. For one thing, the actor Philip Seymour Hoffman, who died with a syringe in his arm and packets of drugs found nearby, had the wealth and access to insulate himself from some mundane forces -- price and availability -- that affect so many people struggling with addiction.

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Facing up to Obamacare's flaws

Facing up to Obamacare's flaws

By Lisa Benson 06/02/2014 18:25

"It is wrong for a country as rich as America to have tens of millions of people without health insurance," this newspaper wrote in 2010 in urging Congress to pass Barack Obama's health reform. It "represents the last chance, perhaps for decades, of erasing one of the least creditable differences between America and the rest of the industrialised world."

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