Breaking News Headlines: Obama Administration Touts Slower Health Care Cost Increases

Wochit 0:53 mins

The White House announced personal health care costs rose in the 12 months ending in May at the slowest rate in the last 50 years, as spending on hospital and nursing home services declined. BP is digging in for a long legal battle over the Gulf of Mexico oil spill, Chief Executive Bob Dudley said after compensation costs soared for a second straight quarter. Anthony Weiner predicted he would survive the sexting scandal that has overwhelmed his campaign for mayor, insisting voters are more interested in "ideas" than his personal life. The former congressman again refused to quit the race and said he wasn?t listening to chatter from his rivals and pundits who have encouraged him to drop out.

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