| Aug 15, 2014
| 2:21 PM
RICHMOND – Gov. Terry McAuliffe went before state legislators Friday to deliver some expected bad news: Virginia's budget needs a bit more cutting.
The state missed its projected revenue figures in the last fiscal year, and the sluggish economic...
| Aug 2, 2014
| 5:00 AM
The emergency immigration bill House Speaker John A. Boehner initially proposed last week was never going to become law — and he knew it. President Obama had already promised a veto, so the bill was mostly a political message, designed to show...
| Jul 18, 2014
| 3:17 PM
The band-aid fix that the U.S. House of Representatives has applied to the dwindling federal highway trust fund is a disappointment and an embarrassment.
The fund, largely supported by the federal gas tax, is nearly broke, in large part because the 18....
| Apr 25, 2014
| 8:35 AM
In the midst of the misery of Hurricane Sandy in 2012, the media fell in love with then-New York Mayor Michael Bloomberg's sign language interpreter, Lydia Callis, who captivated audiences with her expressive renderings of Mr. Bloomberg's humdrum press...
| Oct 25, 2013
| 8:23 AM
WASHINGTON -- A leading barometer of consumer confidence tumbled this month to its lowest level this year as the partial federal government shutdown led to fears the economic recovery would slow down.
The consumer sentiment index from the University...
| Oct 21, 2013
| 6:05 AM
Donations to the 400 charities in the U.S. that raise the most money are slowing in 2013 after climbing 4% the year before, according to a new report released this morning by the Chronicle of Philanthropy.
The slowdown in post-recession philanthropy...
| Nov 18, 2013
| 11:15 AM
WASHINGTON -- A top Federal Reserve official said Monday he was "getting more hopeful" about the economic recovery and declared the private sector nearly healed from the Great Recession.
William C. Dudley, the president of the Federal Reserve Bank of...
| Oct 23, 2013
| 1:46 PM
Mayor Rahm Emanuel today unveiled a nearly $7 billion budget for 2014, but also focused on a year from now and warned what will happen if the city doesn't fix its pension system by then.
“Should Springfield fail to pass pension reform for...
| Sep 17, 2013
| 7:00 AM
WASHINGTON -- As the nation fast approaches its debt limit, Treasury Secretary Jacob J. Lew on Tuesday issued his strongest warning yet to Congress about the economic consequences of waiting until just before the deadline to pass an increase.
| Dec 6, 2013
| 8:20 AM
WASHINGTON -- Big gains in factory and construction jobs last month have experts optimistic that the labor market is starting to produce enough higher-paying jobs to fuel stronger economic growth.
"It's not just the quantity of the jobs but the quality,...
| Dec 4, 2013
— Illinois lawmakers narrowly approved a historic, sweeping overhaul of government worker pension systems Tuesday, overcoming years of political and philosophical differences in an attempt to address one of the state's most pressing financial...