NEW YORK (CNN) -- CNN Money's Maribel Aber has your top business and financial news on this Thursday, March 14.
Pope Francis, the pontiff of firsts, breaks with tradition
When Jorge Bergoglio stepped onto the balcony at the Vatican on Wednesday to reveal himself as the new leader of the world's 1.2 billion Catholics, he made history as the first non-European pope of the modern era, the first from Latin America, the first Jesuit and the first to assume the name Francis.
Future of Medicaid and food stamps at stake
More than $350 billion a year. That's how much the federal government spends on the nation's two largest safety net programs, Medicaid and food stamps. Medicaid provided health coverage to more than 70 million people -- about one in five Americans -- for at least one month in 2011. Food stamps helped feed nearly 47 million low-income Americans a month, on average, last year.
Amazon cuts price of large-screen Kindle Fire HD
Amazon.com Inc. pared the price of its large-screen Kindle Fire HD tablets by as much as 20%, undercutting rival Apple Inc.'s iPad. The Seattle-based Web retailer said the 8.9-inch Kindle Fire HD with 4G wireless capability will start at $399, down from $499.
Veronica Mars fans pledge $2.5M on Kickstarter
"Veronica Mars" fans flooded Kickstarter Wednesday, raising $2.5 million in a record amount of time -- and bringing rabid fans' dream of a movie that much closer to reality. On Wednesday, it hit a record $1 million mark in 4 hours and 24 minutes, according to Kickstarter, beating the previous record -- set last week -- of roughly seven hours, set by proposed role-playing game Torment.