With only five months to go before the start of enrollment for Obamacare, the President defended the Oct. 1 deadline and pointed to Washington state as a model for getting these systems up and running on time.
The Federal Reserve held fast to its ultra-accommodative monetary policy, solidified by what board members described as an economy weakened by fiscal policy.
Foreigners now hold a record of more than $13 trillion in American securities as the U.S. seeks to assert itself as the safest port in troubled global waters.
Revisions will probably show the economy has been bigger than its stated $15 trillion. That won't mask the reality that this is the worst economy in 83 years.
Looking to Friday's jobs report, more job cuts are on the way as the river of government spending flowing through the U.S. economy continues to slow as a result of sequestration.
Manufacturing job growth, which included adding a half million workers between January 2010 and the middle of last year, has hit a plateau over the last six months.
The pace of US manufacturing growth slowed in April, an industry report showed on Wednesday. A separate report showed that construction spending fell in March.
Erskine Bowles, former co-chair of the president's debt commission, told CNBC that a "Grand Bargain" on deficit reduction is "on life-support," with the chances reaching it "north of zero" percent.
Commodities Futures Trading Commissioner Bart Chilton proposes on CNBC a transaction fee on speculative trading that would slow high-frequency trades and help fund his agency.
Applications for U.S. home mortgages rose last week, fueled by demand for refinancings as interest rates dropped, data from an industry group showed on Wednesday.
Laser beams and microwave dishes are the latest weapons in an arms race to shave milliseconds off dealing times in the shadowy world of high speed financial trading.
A private equity group made up of Bain Capital LLC and Golden Gate Capital Corp has emerged as the lead contender to buy BMC Software for more than $6.5 billion, three people familiar with the matter said on Tuesday.
Tom Wheeler is a venture capitalist and former wireless and cable lobbyist; Melvin Watt is a 20-year House veteran and former chairman of the Congressional Black Caucus.
Comcast reported earnings that topped Wall Street analysts' estimates by a penny a share on Wednesday, driven by gains in its cable and theme park businesses.