By Bloomberg News | 12/05/13 10:05 AM
U.S. companies could encounter higher borrowing costs under a congressional tax plan that would reverse a 29-year-old policy making it easier for other countries’ residents to invest in U.S. corporate debt.
By Bloomberg News | 12/05/13 09:30 AM
The mini-boom in Bitcoin software for smartphones is making it easier for consumers to use the virtual currency in place of cash for quick transactions, such as paying for food or splitting a bill. The widening appeal of the digital money is also fueling a rally that has lifted Bitcoins to record...
By Bloomberg News | 12/02/13 11:30 AM
Nicole Blakey says she can’t stand watching other people buy junk food with the government-issued food-stamp debit cards she’s used to raise three children while earning $9 an hour at a dry cleaner. “It makes me sick when you see people at the store, and they have 12-packs of pop,” the...
12/02/13 10:57 AM
The justices, without comment, today rejected appeals by Amazon and another Internet retailer, Overstock.com Inc., which said New York is violating the Constitution by demanding tax collection from companies that don’t have facilities in the state. New York’s top court upheld the state law.
By Bloomberg News | 12/02/13 09:52 AM
About 100,000 people signed up for health insurance through the online federal exchange last month, a roughly four-fold increase from October even as a team of U.S. government and contractor programmers was fixing the troubled Affordable Care Act website, said a person familiar with program's...
By Bloomberg News | 11/30/13 11:04 AM
Parts of the Obamacare enrollment system used to pay insurers are being pushed back from January in the latest technology delay for the president’s U.S. health- care overhaul. The administration is setting up a temporary process to send companies the federal subsidies used to help millions...
By Bloomberg News | 11/27/13 08:49 AM
With less than three weeks until their deadline, U.S. budget negotiators have yet to break an impasse over revenue, prompting lawmakers to draft plans to blunt $19 billion in defense cuts set to start in January.
By Bloomberg News | 11/25/13 11:51 AM
Olivia Solis asks herself the same two questions every morning: “How’s rent going to be paid? What meal are we going to make with what food we do have?” The unemployed mother of three said answers were harder to find this month when the U.S. food-stamp program was trimmed. The worries...
By Bloomberg News | 11/25/13 09:08 AM
Macy’s Inc., whose annual Manhattan parade is a cherished Thanksgiving tradition for millions, is starting a new holiday ritual: It’s asking its employees to show up for work.
By Bloomberg News | 11/22/13 10:27 AM
House and Senate negotiators adjourned talks on a new agricultural bill until after a congressional recess, increasing the chances of a lapse in programs that could double the price of milk next year. “I’m disappointed we don’t have an agreement yet,” Senate Agriculture Chairman Debbie...
By Susan Crabtree | 12/06/13
By Richard Pollock | 12/06/13
By Philip Klein | 12/05/13
By Timothy P. Carney | 12/05/13
By Michael Barone | 12/06/13