- What's next, as Greece stumbles toward euro exit Updated: Jul-06-15 11:47 pm
FRANKFURT, Germany - Greece is at the last chance saloon, thirsty and out of credit. Next stop could be the badlands of euro exit.
- Iowan pleads guilty to defrauding Social Security Updated: Jul-06-15 11:52 am
CEDAR RAPIDS, Iowa - An Iowa woman who authorities say defrauded Social Security for about 11 years has pleaded guilty in U.S. District Court in Cedar Rapids.
- Expectation of veto aided GOP's legislative wins, some say Updated: Jul-04-15 1:22 pm
HARRISBURG, Pennsylvania - After three years of futility, Republicans finally used their majorities in Pennsylvania's state House and Senate to pass their top agenda items: ending the traditional pension benefit in the state's public employee retirement systems and privatizing its government-controlled wine and liquor store system.
- Greek villagers' secret weapon: Grow your own food Updated: Jul-03-15 12:23 pm
KARITAINA, Greece - Ilias Mathes has protection against bank closures, capital controls and the slashing of his pension: 10 goats, some hens and a vegetable patch.
- Kansas may not issue pension bonds, despite legal authority Updated: Jul-02-15 6:14 pm
TOPEKA, Kansas - Market conditions could delay or prevent Kansas from issuing $1 billion in bonds as part of an effort to boost the financial health of its pension system for teachers and government workers, even though top state officials gave the go-ahead Thursday.
- Chicago teachers protest planned cuts after pension payment Updated: Jul-02-15 1:44 pm
CHICAGO - Dozens of Chicago Teachers Union members and supporters picketed outside City Hall to protest $200 million in planned Chicago Public Schools cuts.
- Mayor: Chicago school cuts include layoffs, less maintenance Updated: Jul-01-15 9:25 pm
CHICAGO - Chicago school and city officials detailed $200 million in cuts - including layoffs, scaled-back maintenance and reduced transportation - to the nation's third-largest school district Wednesday, one day after the district paid a $634 million pension bill officials said it couldn't afford.
- More tribes sign gambling agreements with New Mexico Updated: Jul-01-15 7:40 pm
ALBUQUERQUE, New Mexico - One northern New Mexico tribe is digging in its heels, but others have signed new gambling agreements with the state in recent weeks to ensure they can operate their casinos for another two decades.
- Judge rules for Montana teachers' union in pension dispute Updated: Jul-01-15 7:32 pm
HELENA, Montana - A Helena judge has blocked a legislative measure that cut retired teachers' annual inflationary pension increases, saying it violates the contracts clauses in the Montana and U.S. constitutions.
- Pension pinch: Elderly Greeks stand on line to get cash Updated: Jul-01-15 12:39 pm
ATHENS, Greece - Don't mention the golden years to Michaelis Kotaras. Not after the 78-year-old got up early Wednesday to stand in line, twice, outside the National Bank of Greece for the privilege of going inside to withdraw 120 euros ($134,) less than a quarter of his monthly pension.
- China scrambles to reassure jittery stock traders Updated: Jul-01-15 10:55 am
BEIJING - Chinese authorities are scrambling to reassure jittery investors after soaring stock markets plunged, threatening to set back economic reform plans.
- The Latest: Pennsylvania governor vetoes GOP's budget bill Updated: Jun-30-15 10:34 pm
HARRISBURG, Pennsylvania - The latest news from efforts by Pennsylvania Republican lawmakers to send various pieces of major legislation to Gov. Tom Wolf's desk (all times local):
- Chicago schools make pension payment; 1,400 jobs 'impacted' Updated: Jun-30-15 10:16 pm
SPRINGFIELD, Illinois - The interim CEO of Chicago Public Schools said Tuesday 1,400 jobs will be "impacted" after Illinois lawmakers failed to provide relief and the financially struggling district had to borrow money to make a $634 million contribution to its teacher pension funds.
- McConnell: New trade deal triumph despite partisan divide Updated: Jun-29-15 4:44 pm
LOUISVILLE, Kentucky - The brief alliance of Senate Majority Leader Mitch McConnell with President Barack Obama to pass trade legislation last week marked a triumph amid divided government, McConnell said Monday, and he offered to work together across partisan lines to shore up Medicare and Social Security for future generations.
- A look at GOP plans for budget, pension and liquor bills Updated: Jun-27-15 6:08 pm
The House and Senate Republican majorities in the Pennsylvania Legislature are scrambling to advance major legislation to the desk of Gov. Tom Wolf in the final days of the state government's 2014-15 state fiscal year, which ends Tuesday night. Details of the legislation were still emerging Saturday and potentially changing in the days ahead. Here is a summary of the latest details:
- House panel narrows breadth of changes in GOP pension bill Updated: Jun-27-15 2:56 pm
HARRISBURG, Pennsylvania - Republicans are abandoning a plan to seek billions of dollars in concessions from current employees in legislation to scale back benefits in Pennsylvania's two major public pension systems.
- German finance chief dismisses Greek proposals Updated: Jun-26-15 7:56 am
FRANKFURT, Germany - German Finance Minister Wolfgang Schaeuble is dismissing the most recent Greek proposals for more bailout money.
- Foreign fund's fight with Samsung galvanizes shareholders Updated: Jun-24-15 3:17 am
SEOUL, South Korea - Thousands of South Korean investors are backing an American hedge fund's bid to thwart a business combination between Samsung companies that they argue will only enrich the country's wealthiest family.
- A shield against poverty, pensions are Greece's top priority Updated: Jun-23-15 12:10 pm
ATHENS, Greece - Looking tired and leaning on his cane, Fotis Theodorakopoulos watched quietly as other demonstrators gathered to discuss Greece's financial drama and chant defiant slogans outside the parliament.
- A guide to Greece's financial troubles and bailout talks Updated: Jun-22-15 5:43 am
ATHENS, Greece - Greece is holding an emergency meeting with its financial rescue creditors in the hope of getting more loans. Without a deal, it could default on its debts as soon as next week, which could be the first step in a chain reaction that sees the country fall out of the euro currency union.
- Bank savings in front line as Greece hurtles toward default Updated: Jun-18-15 12:04 pm
LUXEMBOURG - The last time Greece was facing a hard deadline to secure a deal with its bailout creditors, in February, it agreed to one only when it feared a worst case scenario - a run on the country's banks.
- Government paves way for multi-employer pension plan cuts Updated: Jun-17-15 1:32 pm
WASHINGTON - The government is preparing to cut benefits over the next few years for hundreds of thousands of retirees covered by underfunded multi-employer private pension plans.
- Romania's president cautious about pensions for Parliament Updated: Jun-17-15 8:08 am
BUCHAREST, Romania - Romania's president says he needs to closely examine legislation approved by Parliament granting supplementary pensions to lawmakers, following criticism of the proposal.
- In east Ukraine psychiatric ward, war deepens mental wounds Updated: Jun-16-15 3:25 pm
HORLIVKA, Ukraine - Whenever the bombs fell, the men and women in the psychiatric ward would huddle in terror around fellow patient Valentina Izotova, a stout, maternal-looking woman, and she would read to them from her favorite book. They hardly understood a word, but her voice soothed them.
- Check-cashing scheme arrests prompt voter privacy concerns Updated: Jun-15-15 9:40 am
ALBUQUERQUE, New Mexico - The DoÃ±a Ana County Clerk wants to end the use of complete Social Security numbers for voter registrations.