President Barack Obama says Republicans who want to repeal his health care overhaul want to take the country back to policies more suited to the 1950s than to the 21st century.
The government says it expects to receive $750 million more from the latest sale of stock held in American International Group. The sales are part of an effort to recoup taxpayer money from the largest bailout of the 2008 financial crisis.
It's an economic indicator of sorts for seniors: The Obama administration says the average premium for basic Medicare drug coverage will stay the same next year, $30 a month. That's the third year in a row of little or no change.
Sen. Al Franken says more than 123,000 Minnesotans are benefiting from insurance rebates under a provision he sponsored in the federal health law, even though some won't get checks in the mail.
President Barack Obama says new jobs figures released Friday show there are too many people looking for work. He says "we've got more work to do on their behalf."
American International Group's net income rose 27 percent in the second quarter as its property and casualty and life insurance business brought in more revenue.
MetLife Inc. said on Wednesday that its second-quarter earnings more than doubled, topping Wall Street's expectations, as the insurer recorded a $1.4 billion one-time gain from a derivatives bet that interest rates would fall.
Prudential Financial Inc. said Wednesday that its net income jumped nearly threefold in the second quarter, as the life insurer recorded a one-time gain of nearly $2 billion as a stronger Japanese yen drove up the value of the company's derivatives.
The Hartford Financial Services Group Inc. reported a $101 million second-quarter net loss Wednesday, a consequence of paying off a huge debt to Allianz SE.