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 ...

January surplus shrinks 2013 US budget deficit
The federal government reported a rare surplus for January and is on track to run the lowest annual deficit since President Barack Obama took office.
Retired Russian colonel convicted of coup attempt
A retired Russian military intelligence colonel has been found guilty of leading a bizarre plot that envisioned a group of elderly people taking over ...

Analysis: Obama, GOP disagree, again, on spending
After two tumultuous years of budget brinkmanship, President Barack Obama and Republicans in Congress finally agree on something — namely, that a ...

Obama urges stopgap budget deal to avoid deep cuts
Eager to buy time and avoid economic pain, President Barack Obama urged Congress on Tuesday to pass targeted short-term spending cuts and higher taxes ...

Puerto Rico teeters on fiscal edge over pensions
Office clerk Lillian Marti hopes to retire one day with a decent pension. Now, like many other employees of Puerto Rico's government, she's beginning ...
MetLife to spend $2 billion on pension business
MetLife Inc. plans to pay about $2 billion to buy the largest private pension fund administrator in Chile, as the insurer and annuity provider seeks ...

Congress sends bill to Obama averting govt default
Congress sent President Barack Obama drama-free legislation on Thursday raising the debt ceiling, averting a government default and putting off the ...

Greek doctors, public transport workers on strike
Greek doctors, port workers and public transport staff in the country's capital walked off the job Thursday in strikes against deeply unpopular ...

Protesters break into gov't building in Athens
Protesters forced their way into a government building in Greece's latest anti-austerity protests Wednesday, reaching just outside a minister's office ...

US consumers less optimistic after tax increase
An increase in Social Security taxes is leaving Americans with less take-home pay — and a more negative outlook for the U.S. economy. The Conference ...

Social Security commissioner to leave in February
Social Security Commissioner Michael J. Astrue says he will step down in February after completing his six-year term. Astrue's departure gives ...

GOP looks to fight Dems, not negotiate with Obama
Is Washington's backroom dealing dead? House Speaker John Boehner says he no longer wants to negotiate deficit reduction with President Barack Obama.
Nigerian who stole $145M pays fine to avoid prison
A man who formerly helped oversee Nigeria's police pension program pleaded guilty Monday to stealing $145 million, but walked out of court a free man ...

Official: China recovering from 'soft landing'
China's economy is now recovering from a "soft landing," but the big challenge in 2013 will be to prevent overheating while still promoting growth, ...

Obama stands his ground on fiscal debates
President Barack Obama devoted one word — "deficit" — to the issue that brought Washington to the brink of fiscal crises time and again during his ...

Jailed Liberian ex-president wants his pension
Charles Taylor may be locked up while appealing his 50-year prison sentence for war crimes, but the former Liberian president still wants his ...

Poll: Most see damage if US debt limit not raised
Most Americans think jarring economic problems will erupt if lawmakers fail to increase the government's borrowing limit. Yet they're torn over how ...