Economy

The reasons for Los Angeles' comparatively good financial condition include a legal groundwork laid years ago that required specific funding safeguards, recent give-backs from public sector unions and an …

Nestle is proposing to gain access to the spring via a water exchange with Cascade Locks.

Paul Krugman: How is it possible that European austerians are unaware of the argument of their critics?

Under fiscal stress and the influence of a powerful business lobby, airports are being sold off to private investors.

Updates in this segment include Europeans limiting CEO pay, Chileans demonstrating for free education and the many countries with higher tax rates for the rich than in US.

Some Western countries have been trying to curb or even eventually eliminate the Asian model of state-owned or state-aided capitalism.

New study refutes Reinhart and Rogoff analysis that underpins austerity policy around the world; shows no relation between debt and lack of growth.

Debates in countries over laws to curb tax evasion miss the point, according to Richard D. Wolff.

Robert Reich: Both sides of the modern debate have neglected the scourge of widening inequality.

Like many US cities since the onset of the recession, Portland has faced years of budget cuts costing jobs.