by Harvard Zhang | Jul 11, 2016 | Business & Tech
WASHINGTON — A top economic adviser to President Barack Obama Monday said Congress should reform unemployment benefits to protect workers in the event of another recession. Jason Furman, chairman of the White House Council of Economic Advisers, stressed the importance...
by Katie Murar | Jul 11, 2016 | Business & Tech
Health care experts Thursday claimed the recent spike in pharmaceutical drug prices comes from the sector that has no competition. Consumer spending on drugs “has gone from $350 billion to $450 billion a year, and it is going to continue to climb because we are in a...
by Harvard Zhang | Jul 7, 2016 | Business & Tech
WASHINGTON — A top economic adviser to President Barack Obama said Thursday that American manufactured goods compete well in the global market, but acknowledged the U.S. lags behind other countries in training workers for skills needed in today’s economy. “I get...
by Harvard Zhang | Jun 30, 2016 | Business & Tech
The lead negotiator for President Obama has intensified efforts to persuade a skeptical Congress to pass a divisive free-trade agreement with Pacific Rim countries, a deal that Donald Trump this week called “a continuing rape of our country.” U.S. Trade Representative...
by Katie Murar | Jun 29, 2016 | Business & Tech
WASHINGTON–The Obama administration on Wednesday said why they acted in the face of a lack of regulation of financial planners who guide millions of Americans seeking help with investments and retirement accounts. In April, the Labor Department finalized new...
by Harvard Zhang | Jun 29, 2016 | Business & Tech
WASHINGTON–A proposed trade agreement between the U.S. and the European Union will survive Great Britain’s decision to leave the single market, the European Union’s commissioner in charge of trade said Wednesday. Speaking at an event in Washington, EU...