Finance

Fracking's Financial Losers: Local Governments

Localities are forced to deal with much of the problems associated with fracking, while states and the federal government rake in all the revenue.

Pensions' Unfunded Liabilities Still Going Up

A new survey finds that pension funding levels across all states and major cities inched downward in 2013 and that cities are bearing a greater burden in their budgets than states.

Cut! States Are Walking Back Film Tax Credits

Many states are rethinking once-popular production incentives -- a contrast from California, which is offering more to protect one of its biggest industries.

Treasury Secretary Calls for Reform to Keep Corporations from Fleeing Taxes

Rich people and corporations who keep money in foreign tax havens cost states $39.8 billion in 2011. Jack Lew says its time to stop them.

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