Michael A. Fletcher

Michael A. Fletcher

Recent Stories By Michael A. Fletcher:

  • Detroit’s Bankruptcy Exit Plan Gets a Thumbs UpNovember 7, 2014

    A federal judge Friday approved Detroit’s plan to emerge from the largest municipal bankruptcy in U.S. history, fueling hopes that the revival of a city that for decades has been a national symbol of...

  • NHTSA to Fine GM $7,000 a Day Until it Gets Some AnswersApril 9, 2014

    Federal auto safety regulators Tuesday said General Motors is in violation of a special order demanding answers to an exhaustive list of questions about its slow recall of cars with faulty ignition...

  • Buying a Home? Better Get to it Before Wall Street DoesApril 23, 2013

    Big investors are pouring unprecedented amounts of money into real estate hard hit by the housing crash, bringing those moribund markets back to life but raising the prospect of another Wall Street-...

  • Financial Decline Ahead for Most RetireesFebruary 17, 2013

    For the first time since the New Deal, a majority of Americans are headed toward a retirement in which they will be financially worse off than their parents, jeopardizing a long era of improved...

  • Great Recession Leaves Long-Lasting Scars: Poll February 7, 2013

    Americans remain deeply pessimistic about the nation’s economic future nearly four years into the recovery, and the vast majority think it will take “many years” for things to return to the way they...

  • Why We're Robbing Tomorrow's Retirement to Pay for TodayJanuary 15, 2013

    A large and growing share of American workers are tapping their retirement savings accounts for non-retirement needs, raising broad questions about the effectiveness of one of the most important...

  • Federal Fiscal Pain Trickles Down to States December 14, 2012

    Just as state governments are healing from the deep fiscal wound inflicted by the Great Recession, they are confronted by the dual threat of reduced federal help and ever increasing health-care costs...

  • States Still Facing Dire Financial Straits: GovernorsNovember 29, 2011

    States are caught in a fiscal vise as weak economic growth, dwindling federal help and increasing appeals from hard-pressed local governments squeeze their budgets. Things have improved since the...

  • Democrats Buoyed as Anti-Union Ferver FadesOctober 28, 2011

    A controversial law sharply curtailing collective-bargaining rights for Ohio’s public employees is sinking in the polls, raising Democratic hopes that the measure’s defeat could boost their prospects...

  • Jobless Welcome for Returning VetsOctober 17, 2011

    CLEVELAND — As soon as Brian Joseph graduated from high school he joined the Army, where he was trained in a series of jobs that seem to exist only in the military. He was a multi-channel radio...

  • GOP Field Vague on Economic SolutionsOctober 10, 2011

    The Republican presidential candidates are offering a series of one-size-fits-all economic pitches that fall short of addressing important nuances and competing demands posed by the nation’s diverse...

  • R.I. Faced With Slashing Pension BenefitsSeptember 6, 2011

    PROVIDENCE, R.I. — This state has barely a million residents, but it is at least $6.8 billion short when it comes to funding pension plans for retired teachers, police officers and other public...

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