Gutting Pensions to Spite Guns

Chicago hurting pensions to prove political point
AP

Several of the nation’s most imperiled pension funds have cut off investments to profitable weapons manufacturers in the midst of the controversial gun control debate.

Only in New York

Bloomberg’s NYC only major U.S. city to see rise in joblessness over the year
New York Mayor Michael Bloomberg / AP

New York City has managed to avoid much of the pain caused by the recession, averaging lower unemployment rates and better job growth than the rest of the country, but it has not been enough to stop rising unemployment.

Wisc. Public Employees Still Cashing In

Gov. Scott Walker / AP

Public-sector employees in Wisconsin receive significantly more in health care and pension benefits than their private-sector counterparts, even after Gov. Scott Walker’s 2011 collective bargaining reforms, according to a new study.