: It was long part of the compact between government workers and their bosses: The pay wasn't as good as in the private sector, but the retirement benefits were great - and virtually guaranteed. That's not always the case anymore. More
Sales of single family homes jump in October.
Newsweek's new owners think they can succeed at something its previous owners failed at: printing a weekly magazine in the United States.
The cost of complying with new mortgage rules may put some lenders out of business.
Stocks wavered Wednesday, as strong housing and jobs reports raised questions about when the Federal Reserve will scale back its bond purchases.
Illinois lawmakers voted Tuesday to approve a landmark pension reform package that will cut retirement benefits for teachers, nurses and other retired and current state workers.
The private sector added 215,000 jobs in November, raising hopes that the government's labor report on Friday will also show healthy jobs growth.
The stock of Gogo, an in-flight wireless provider, has jumped sharply in recent trading but some think the rally will soon cool.
Many Baby Boomers are running short on retirement savings, but their kids are even worse off, according to a Fidelity Investments survey released Wednesday.
The ruling opens the door for the city to cut billions of dollars in payments that are owed to city employees, retirees, investors and other creditors.
The New York State Parole Board granted Kozlowski release following a hearing on Tuesday.