Management & Labor

U.S. City Finances Facing Slow Growth and Increasing Costs

American cities reported the most positive financial data since the 2008 financial crisis, but they still haven’t fully recovered from the recession.

Government Gives Gas Stations Some Competition

In an effort to offer residents cheaper fuel, Somerset, Ky., opened what’s likely the nation’s first city-run retail gas station this summer.

San Jose Election Tests Political Risk of Cutting Pensions

The California city’s November election will shed light on whether Democrats can risk the political fallout of cutting a prized union benefit to protect basic city services.

Stockton Bankruptcy Judge Rules against Pensions

A federal bankruptcy judge dealt a serious blow to California's public employee pension systems by ruling Wednesday that payments for future worker retirements can be reduced when a city declares bankruptcy -- just like its other debts.

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