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Preview: Economic news -

Economic news -, the business website of CNN, combines business news and in-depth market analysis with practical advice and answers to personal finance questions.

Published: Thu, 29 Jun 2017 17:28:26 EDT

Copyright: © 2017 Cable News Network LP, LLLP.

Debt ceiling deadline: US could risk default by early October

Thu, 29 Jun 2017 15:50:57 EDT

The Congressional Budget Office narrows its projection for when Treasury will run short on money if Congress doesn't raise or suspend the country's debt ceiling.(image)

How Illinois became America's most messed-up state

Thu, 29 Jun 2017 13:57:56 EDT

Read full story for latest details.(image)

The truth about the Republicans' plan for Medicaid spending

Thu, 29 Jun 2017 17:01:36 EDT

Do the Republicans plan to cut Medicaid spending or not? CNNMoney explains.(image)

Trump sanctions Chinese bank to rein in North Korea

Thu, 29 Jun 2017 17:27:40 EDT

The Trump administration is increasing pressure on Chinese financial players amid growing tension with North Korea.(image)

Will a corporate tax cut benefit the middle class?

Thu, 29 Jun 2017 11:10:16 EDT

Treasury Secretary Steven Mnuchin has promised that a corporate tax cut will provide the middle class with "better, higher paying jobs." But it is actually hard to say how much it would help them, if at all.(image)

Japan and Europe are racing to agree a big free trade deal

Thu, 29 Jun 2017 06:32:13 EDT

While President Trump talks tough on trade, the European Union and Japan are getting on with business.(image)

Senate health care bill would mean big coverage losses in these states

Thu, 29 Jun 2017 06:24:02 EDT

States that saw large coverage gains under Obamacare would suffer most under the Senate bill, according to an Urban Institute report.(image)

Minimum wage since 1938

Fri, 09 Dec 2016 17:51:58 EST

When the federal minimum wage first became law in 1938, it was 25 cents. Adjusted for inflation, that would be worth $4.19 today. Scroll over the chart to see historical minimum wage amounts, and their corresponding values in today's dollars.(image)

Even the middle class would feel GOP squeeze on nursing home care

Thu, 29 Jun 2017 06:15:25 EDT

Medicaid pays for two-thirds of nursing home residents, but some recipients don't even know they're on it. If the Senate health care bill gets passed, many will lose coverage.(image)

Countries with higher wages than the U.S.

Fri, 09 Dec 2016 17:53:53 EST

Some Republicans say high wages in the U.S. are hurting America's global competitiveness. See the countries where wages are even higher.(image)

Big U.S. banks await OK to deliver dividends to shareholders

Wed, 28 Jun 2017 17:28:05 EDT

The Federal Reserve on Wednesday will disclose if 34 of the country's banks will be cleared to buy back stock or pay dividends to shareholders.(image)

Only 4% of Brits want a tax cut

Wed, 28 Jun 2017 11:04:13 EDT

Forty-eight percent of Britons believe the government should hike taxes in order to spend more on health, education and social benefits.(image)

Big U.S. banks await OK to deliver dividends to shareholders

Wed, 28 Jun 2017 02:39:36 EDT

The Federal Reserve on Wednesday will disclose if 34 of the country's banks will be cleared to buy back stock or pay dividends to shareholders.(image)

Senate Republican health bill: Pay more, get less

Tue, 27 Jun 2017 16:33:17 EDT

Under the Senate health care bill, many Americans would end up paying more for doctors' visits and treatment.(image)

Illinois could soon become America's first 'junk' state

Wed, 28 Jun 2017 08:04:32 EDT

Illinois is grappling with a severe budget crisis that could soon lead to an embarrassing first.(image)

22 million fewer Americans insured under Senate GOP bill

Mon, 26 Jun 2017 19:59:32 EDT

The Congressional Budget Office issues its much-anticipated report on the Senate health care plan.(image)

Senate health care bill gives $250,000 gift to the mega-rich

Mon, 26 Jun 2017 19:57:36 EDT

The Senate health care would lower taxes on the super-rich by $250,000, on average, a report from the Tax Policy Center finds.(image)

Senate GOP health bill would slash Medicaid. Here's how.

Mon, 26 Jun 2017 06:02:12 EDT

The Senate GOP health bill would severely cut back federal support for Medicaid, which covers 1 in 5 Americans. States would have trouble filling the gap, likely leading them to cut eligibility, funding and provider rates.(image)

Inside the $1.3 billion deal that gives U.K. a government

Mon, 26 Jun 2017 10:08:02 EDT

British Prime Minister Theresa May on Monday promised £1 billion in extra funding to Northern Ireland in exchange for support for her government.(image)

Getting deported was the best thing that ever happened to me

Sat, 24 Jun 2017 12:29:39 EDT

Read full story for latest details.(image)