Financial markets across the world took a hit on Monday. They closed lower — waiting to see if there was a partial government shutdown in the U.S. Shortly before midnight, the White House ordered agencies to begin shutting down.
Amazon has announced that it's looking to hire 70,000 full-time temporary employees for the holiday season. That's a 40 percent increase in hires from last year. The world's largest online retailer says it hopes to convert thousands of these seasonal jobs into permanent positions after the holiday rush.
In our talk yesterday with President Obama, he said he will not make concessions to Republicans who quote, "threatened to burn down the house." We are hearing parts of the interview throughout today's program.
Amid the latest political crisis, our economy keeps evolving. And so we used part of our conversation in the Oval Office to ask the president about the longer term trends.
In the three years since President Obama signed the Affordable Care Act into law, it has survived more than 50 votes in Congress to defund or repeal it, a Supreme Court challenge, a presidential election and, as of Tuesday morning, a government shutdown. Much of the spending for the law is mandatory and won't be cut off.
But now, it must survive its own implementation.
Tuesday is the day that Obamacare goes operational. Americans can begin signing up for health insurance on online marketplaces known as exchanges.
The sound of Buddhist chants wafts through an annex of the Songtang Hospice, the first private facility of its kind in Beijing. A group of lay Buddhists is trying to ease the passage of a recently departed soul of a patient.
When I first visited this place nearly two decades ago, the average patient stayed just 18 days. Now, it caters to people who are not terminally ill, and the average stay is about five years.