American Airlines employees hurt by bankruptcy

Mar 8, 2012
American Airlines floated the idea of eliminating pension programs for workers to help its financial situation. But now the airline is backing away from that idea.

Public-worker pension funds lose big

Dec 28, 2011
This summer, the pension plans of government employees lost a staggering quarter-trillion-dollars in assets.

American Airlines could hand off pensions

Dec 12, 2011
It looks like the bankrupt airline could hand over employee pensions to the Pension Benefit Guaranty Corporation. The PBGC's Josh Gotbaum talks about what would happen.

MIDDAY UPDATE: G-20 and AIG

Oct 22, 2010
Today we heard a lot from Asia. The G-20 financial ministers and central bank governors gathered in Seoul, South Korea. Headlining their agenda is...

U.S. economic growth slows...

Jul 30, 2010
GDP grew significantly less fast in the last three months. Are we sliding back into recession?...