
Pension issue in Stockton, Calif., bankruptcy
On its first official day in bankruptcy, the city of Stockton now must grapple with the hard part of reorganizing its financial affairs — how to share ...

Judge rules Stockton, Calif., to enter bankruptcy
The people of Stockton will feel financial fallout for years after a federal judge ruled Monday to let the city become the most populous in the nation ...

Veterans fight changes to disability payments
Veterans groups are rallying to fight any proposal to change disability payments as the federal government attempts to address its long-term debt ...

Obama pitches public works spending to create jobs
Trying to show that the economy remains a top priority, President Barack Obama promoted a plan Friday to create construction and other jobs by ...

Cypriots anxious as banks reopen with limits
Anxious Cypriots patiently waited in long lines to get at their accounts on Thursday after banks opened for the first time in nearly two weeks, ...

Gov't spent nearly $3.7M on ex-presidents in 2012
Being the leader of the free world is an expensive proposition. And the costs don't stop once you leave the White House. The government spent nearly ...

Fed says it will stick with aggressive stimulus
The Federal Reserve on Wednesday stood by its efforts to keep borrowing costs at record lows, saying it isn't yet convinced that the U.S.

Fed stands by stimulus, sees stronger US economy
The Federal Reserve isn't yet convinced that the U.S. economy's growth can accelerate without the Fed's drive to keep borrowing costs at record lows.
Top Senate Democrat proposes Social Security panel
The Senate's No. 2 Democrat said Wednesday that he's preparing a plan to create a commission to study Social Security's fiscal problems and send a ...

Jamaica frets over slowdown in returning islanders
In this affluent town in Jamaica's cool, mountainous interior, Jasmine Pottinger has realized the dream that kept her going while dealing with racism, ...

Cyprus president tries to amend bailout plan
Cyprus' president said Sunday that he is trying to amend a key provision of an unpopular eurozone bailout plan that would tax deposits in the ...
Puerto Rico urges action amid bond rating drop
Puerto Rico's government on Thursday urged legislators to move quickly and approve financial austerity measures following a report from a Wall Street ...
Senate immigration group: National ID too costly
Senators working on a sweeping immigration bill will likely abandon the idea of a new high-tech ID card for workers because it's too expensive, a key ...

Gov't finances are improving over the short term
The annual federal budget deficit is sinking out of $1 trillion-plus nosebleed territory where it has hovered for the past four years.

Survey: Many conflicted on gov't spending cuts
As President Barack Obama and lawmakers spar over huge federal deficits, they're confronted by a classic contradiction: Most Americans want government ...

Job gains cut unemployment to 7.7 pct., 4-year low
The American job market isn't just growing. It's accelerating. Employers added 236,000 jobs in February and drove down the unemployment rate to 7.
UK civil servants to strike over pay, pensions
British civil servants are planning to strike this month amid an ongoing dispute over pay, pensions and working conditions. The Public and Commercial ...

Austerity triggers novel protests in Portugal
A Portuguese revolutionary song from 40 years ago is haunting the bailed-out country's government. Anti-austerity protesters are hounding senior ...
Pension costs dent retailer Ahold's Q4 profits
Royal Ahold NV, the Dutch operator of U.S. supermarket chains Stop & Shop and Giant, has reported a 41 percent fall in fourth quarter profits as a ...

Not much urgency to avoid automatic spending cuts
Ten days before a new deadline for broad, automatic government spending cuts, the sense of urgency that surrounded other recent fiscal crises is ...

Ireland apologizes to women of Catholic laundries
Ireland ignored the mistreatment of thousands of women who were incarcerated within Catholic nun-operated laundries and must pay the survivors ...

Social Security chief: Program hurt by neglect
Outgoing Social Security Commissioner Michael J. Astrue has some parting shots for Congress, the White House and advocates for seniors. They have all ...

Greek poverty deepens as unemployment hits record
Unemployment in Greece rose to a record 27 percent in November as a result of the financial crisis and austerity measures that will leave, according ...