America's biggest public pension moved aggressively against the bankrupt city of San Bernardino, California, on Tuesday night over the city's decision to halt payments to the fund.The
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Some 11 million people in the US are illegal immigrants, many propping up the economy by working for low cash, no benefits. Will President Obama free the dishwashers?
The head of a financially troubled insurer was pushing Chinese officials to relax rules that required breaking up the company in the aftermath of the Asian financial crisis.
Hong Kong investors are snapping up car parking spaces, raising fears of a bubble after government moves to cool soaring property prices last month drove speculators to seek new options.One
Ulwe, a village of dusty, uneven streets on the outskirts of Mumbai, lacks basic amenities like water supply and electricity, but a two-bedroom, 1,000 sq ft house costs about 5 million
Despite legend, this isn’t a time-honored ritual going back to the nation’s earliest years.
The Egyptian President, Mohamed Mursi, has assumed sweeping powers, prompting the prominent opposition figure Mohamed ElBaradei to accuse him of usurping authority and becoming a "new pharaoh".
When this sun-drenched exurb east of Los Angeles filed for bankruptcy protection in August, the city attorney suggested fraudulent accounting was the root of the problem
The United States will overtake Saudi Arabia and Russia as the world's top oil producer by 2017, the West's energy agency said on Monday, predicting Washington will come very close to
With one eye on Hitler and the lessons of 1930s Germany and Japan, a top banker is quietly trying to build his own Chinese revolution.