Obamacare likely to cost $300 billion more than thought – Congressional Budget Office
CBO hasn’t officially investigated the cost of Obamacare since the summer of 2012.
by RT
Greece to Test Minimum Guaranteed Income Program
Negative income tax—has been gaining tepid but bipartisan support in America.
by Elizabeth Nolan Brown

Russia's Tumbling Ruble Zooms Past 41 to Dollar
Tension over Ukraine and Western sanctions on Moscow have driven a slide in the ruble’s value.
by Moscow Times
Richest of the world’s population are getting wealthier
Inequality could be a trigger for recession.
by Jill Treanor

Richest 1% of people own nearly half of global wealth, says report
Credit Suisse study shows inequality accelerating, with NGOs saying it shows economic recovery ‘skewed towards wealthy.’
by Jill Treanor
Americans face post-foreclosure hell as wages garnished, assets seized
Thousands of Americans suddenly facing debt collectors, frozen bank accounts, garnished wages and seized assets.
by CNBC

Defying the dollar Russia & China agree currency swap worth over $20bn
Major world powers boosting trade using national currencies and lessening dependence on dollar and euro.
by RT.com
Gold Rises on Lower Dollar, Rate Hike Uncertainty
Gold hit its biggest weekly gain in four months last week.
by Read more


18 Sobering Facts About The Unprecedented Student Loan Debt Crisis In The United States
The student loan debt bubble in America is spiraling out of control, and it is financially crippling an entire generation of young Americans.
by Michael Snyder
Fear of Ebola could have “catastrophic” economic costs, World Bank predicts
World economic outlook expects global growth to be 3.3% in 2014, down from its April forecasts as countries fail to recover strongly from recession.
by Max Ehrenfreund

China Overtook US As World's Largest Economy
IMF measures both GDP in market exchange terms.
by Mike Bird
No Disney Fun for Orlando Workers as Poverty Nears 20%
Disney World workers earn less than it costs to visit the park.
by Toluse Olorunnipa

Stocks plunge: Dow drops 273 points, S&P sinks 1.5%
Largest point decline since July 31.
by Adam Shell
Wal-Mart's Part-Time Workers Lose Their Health Benefits
Some 30,000 people, or about 2 percent its total 1.4 million U.S. workforce, will be affected.
by Susan Berfield

Home-price growth hits slowest pace in nearly two years
Year-over-year home-price growth fell to 6.4% in August.
by Ruth Mantell
Dollar Sees Largest Drop Since '13
Gold hits 2 month high.
by Joe Deaux & Laura Clarke