Voters in the California city today are considering slashing public employee pensions in a ballot initiative that could set a precedent for other cities.
When Wisconsin Gov. Scott Walker changed his state's collective bargaining laws, it galvanized one unlikely group: police, firefighters and corrections officers.
The interest rate on 10 year government bonds is back up above 1.5 percent and Oil is down to $82 a barrel in New York trading. There are signs of a slowdown in Chinese manufacturing and continual uncertainty about the debt crisis in Europe.