States' pension woes only have grown worse in the past year, a new study by the Pew Center for the States finds. This problem can't be laid at the door of the recession.
Obama created a deficit commission Thursday that includes both Democrats and Republicans. But the move comes during an election year rife with mistrust and political maneuvering.
Readers write about bullet trains, public housing, and Gaza.
While Greece battles its debt crisis, Iceland – where major banks collapsed in the wake of the global financial meltdown – is gearing up for a referendum on whether its taxpayers will shoulder the burden of paying back billions of dollars of debt.
With close to 4 million people in Spain out of work, one business is booming: debt collectors who use public shaming to extract payment.