Cities chart course through pension morass
In Philadelphia, pension costs doubled in a single decade. Cities in Rhode Island dimmed streetlights, raised taxes and put off road repairs.
Political brinksmanship still threatens US economy
Lawmakers managed to avoid driving the United States over the so-called fiscal cliff with a late-night vote Tuesday. But higher taxes and ...
Over the fiscal cliff: Soft or hard landing?
Efforts to save the nation from going over a year-end "fiscal cliff" were still in disarray as lawmakers returned to the Capitol to confront the ...
Illinois dragging its feet on huge pension problem
Illinois, a state with a reputation for political wheeling and dealing, backroom handshakes and 11th-hour bargains, is dragging its feet on the one ...
Italy's Monti: I'm heading new electoral coalition
Italian Premier Mario Monti announced Friday he is heading a new campaign coalition made of up centrists, business leaders and pro-Vatican forces who ...
AP IMPACT: Ordinary folks losing faith in stocks
Andrew Neitlich is the last person you'd expect to be rattled by the stock market. He once worked as a financial analyst picking stocks for a mutual ...
Over the fiscal cliff: What kind of landing?
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break.
Over the fiscal cliff: How hard a landing?
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break.
Over the fiscal cliff: Soft landing or dizzy dive?
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break.
Obama Social Security offer at odds with top Dems
President Barack Obama's offer to limit the growth of Social Security benefits would cost the average retiree less than $50 in the first year. But the ...
Cliff talks hit a lull with Boehner's 'Plan B'
Just two weeks from an economy-threatening deadline, fiscal cliff talks hit a lull Tuesday as House Speaker John Boehner announced that Republicans ...
What's on the table now in 'fiscal cliff' talks
An update on the latest offers on the table in negotiations to avert a year-end avalanche of federal tax increases and spending cuts known as the ...
AP sources: New Obama offer moves toward Boehner
President Barack Obama has agreed to curtail future cost-of-living increases for recipients of Social Security and softened his demand for higher ...
Cyprus uses pension money to pay holiday salaries
Cyprus' cash-strapped government had to get loans from state-owned companies to make sure it could pay its own workers' salaries during the holiday ...
'Cliff' movement? Obama, Boehner trade proposals
In a test of divided government, President Barack Obama and House Speaker John Boehner sought an elusive compromise Tuesday to prevent ...
Fiscal cliff: Private bargaining, public wrangling
In a test of divided government, the White House and congressional Republicans bargained in secret and sparred in public Tuesday over a deal to ...
Verizon moves pension obligations to Prudential
Phone company Verizon Communications Inc. on Monday said it has transferred $7.5 billion in pension obligations to Prudential Insurance after a ...
Obama, Boehner meet to discuss 'fiscal cliff'
President Barack Obama and House Speaker John Boehner met Sunday at the White House to discuss the ongoing negotiations over the impending "fiscal ...
Italy's PM says he intends to quit over crisis
Premier Mario Monti told the Italian president Saturday he is resigning soon, saying he can no longer govern after Silvio Berlusconi's party withdrew ...
Same-sex weddings in Wash. to begin on Sunday
Two retired military women who fought for the rights of gays in the military were among the hundreds of couples who received their marriage licenses ...
Berlusconi in comeback bid to become Italy premier
Billionaire media baron Silvio Berlusconi, who resigned in disgrace with Italy tottering through the European debt crisis, announced Saturday he was ...
RI court hears arguments in pension case
With billions of dollars and the retirement security of public workers at stake, the legal dispute over Rhode Island's sweeping overhaul of its public ...
RI to seek dismissal of challenge to pension law
The high-stakes legal dispute over Rhode Island's public retirement overhaul faces a key court date Friday when attorneys for the state will ask a ...
Debt limit gives GOP leverage, Obama demands fix
The political fight that took the nation to the verge of defaulting on its debts last year is back, overshadowed by "fiscal cliff" disputes but with ...
Poll shows support for raising taxes on the rich
Americans prefer letting tax cuts expire for the country's top earners, as President Barack Obama insists, while support has declined for cutting ...
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