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During his eight years as a firefighter in Lawrence, Mass., Ryan Lavallee reflected often on the contribution he was making to the community where he was born, and about the physical demands of his...
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SISTERS, Ore. -- For years, Tara O’Keeffe, 55, sold a hand and foot cream for laborers called Working Hands, and employed 20 locals in sales and marketing. But this spring, she sold her company to a...
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If there is a formula for fiscal problems that lead to bankruptcy, it may be in Harrisburg, Pennsylvania — not Washington, DC. Last week, Harrisburg announced it would default on a $3.3 million...
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For firefighter Mark Kovach, the reality of municipal budget cuts hit home when he was tumbling down the staircase of a burning building in Flint, Mich., after failing to rescue a man trapped on the...
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David Guernsey, chief executive of Guernsey Office Products, knows exactly the solution to his business problem: more taxes.His northern Virginia-based company puts 100 vehicles on the road each day...
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After years of economic stagnation resulting in massive emigration, Ireland boosted its economy by attracting foreign investors during the 1990s with a particular emphasis on high-tech development....
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Days away from having a pacemaker implanted, Bob Harper got the worst news imaginable from Oklahoma insurance regulators: the health care insurance plan that he had purchased when he lost his job as...
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Amid the recession and record federal budget deficits, a seemingly counterintuitive trend is under way: The United States is becoming less dependent on foreign creditors like China. While overall...
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In a town known for steel and grit, the desperate financial situation is forcing officials to consider selling a valuable municipal asset — its parking garages and lots — to restock a depleted city...
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HARRISBURG, Pa. – Dan Miller, the city controller in the capital city of Pennsylvania, does not mince words these days: Harrisburg, he freely admits, is broke. The city can’t pay the interest and...
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The giant mortgage lenders Fannie Mae and Freddie Mac, seized and salvaged by the government at the peak of the financial crisis, have become the fiscal equivalent of unwelcome house guests for the...
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With talk of fiscal commissions and falling credit ratings, the federal debt has become a front-and-center issue in Washington for the first time in over a decade. Even those who call loudest for...
