by Bailey Williams | Jan 7, 2015 | Business, Health & Science
WASHINGTON — The Affordable Care Act is once again facing skepticism from senators who disagree with the law’s definition of a full-time employee, in spite of opponents’ belief in its potential harm to workers. Sen. Susan Collins, R-Maine, and Sen. Joe Donnelly,...
by Mary Kate Hayes | Mar 18, 2014 | Business
WASHINGTON – Accepting an unpaid internship position does more harm than good, the National Association of Colleges and Employers concluded after conducting a survey of college students. But for those who can land paid internships, there are a lot of benefits. The...
by Jane Herman | Mar 17, 2014 | Business
WASHINGTON – Although digital journalism startups have been springing up, the Bureau of Labor Statistics projects a 13 percent decline in journalism jobs from 2012 to 2022, a drop of 7,200 jobs. “My biggest concern about employment after college is the competitiveness...
by Preetisha Sen | Mar 17, 2014 | Business
WASHINGTON – President Barack Obama’s recent proposal to increase the earned income tax credit to include 13.5 million unmarried workers may be his best bet to achieve his goal of combatting income inequality and getting more Americans out of poverty. His proposed...
by Sara Olstad | Mar 10, 2014 | Business, Politics
WASHINGTON – Sen. Marco Rubio, R-Fla., outlined his 2014 economic plan for America on Monday and announced he will propose bills to create new middle class jobs through tax code reform and to free up more wireless frequencies for private companies. At an event hosted...
by Mary Kate Hayes | Mar 10, 2014 | Business
WASHINGTON – American businesses could benefit more from a multilateral trading system and need the World Trade Organization “today as much as ever,” WTO Director-General Robert Azevedo told the U.S. Chamber of Commerce on Monday. “America has led the way” in the...
by Ellen Garrison | Mar 5, 2014 | Business
WASHINGTON – Seated under a painting of former Rep. Barney Frank, Republican Rep. Patrick McHenry attacked Frank’s signature financial reform legislation at a hearing on the growth of federal regulation and its impact on the international markets. Witnesses criticized...
by Christophe Haubursin | Mar 5, 2014 | Business, Health & Science
WASHINGTON — Tech magnate Elon Musk wants in on the Defense Department’s satellite space race, for capitalism’s sake. At a Senate hearing Wednesday, Musk, the CEO of electric car maker Tesla Motors, pushed for opening up satellite launch services to free market...
by Preetisha Sen | Mar 5, 2014 | Business, Politics
WASHINGTON – One day after President Barack Obama unveiled his 2015 budget, Treasury Secretary Jacob Lew highlighted its strengths before the Senate Finance Committee, but also faced a sharp critique from Republicans. “It supports the ongoing recovery and invests in...
by Preetisha Sen | Feb 26, 2014 | Business
WASHINGTON – President Barack Obama mentioned the need for corporate tax reform in his January State of the Union address. Now the Republican chairman of the powerful House Ways and Means Committee is offering a comprehensive tax reform plan that covers both...
by Mary Kate Hayes | Feb 24, 2014 | Business
WASHINGTON – The minimum wage either helps the poor out of poverty or fails to correctly address economic issues, depending on which expert was talking at an Economic Policy Institute discussion Monday. To the 46.5 million Americans who live below the poverty line –...
by Sylvan Lane | Feb 18, 2014 | Business
WASHINGTON – Detroit’s attempt to restructure municipal workers’ pension plans may have far-reaching implications for other American cities dealing with similar issues. The question of whether a state constitutional ban on diminishing or changing pensions applies to...
