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Detroit retirees back pension cuts by a landslide

DETROIT (AP) — A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor of major pension changes just a few weeks before a judge holds a crucial trial that could end the largest ...

Seattle hikes minimum wage to $15

SEATTLE (AP) — Seattle activists celebrated a successful campaign to gradually increase the city's minimum wage to $15 by calling for a national movement to close the income and opportunity gaps between rich and poor. The Seattle City Council unanimo ...

HP to cut 11,000 to 16,000 more jobs

PALO ALTO, Calif. (AP) — Hewlett-Packard Co. said Thursday that it is cutting another 11,000 to 16,000 jobs, above a target of 34,000 the company outlined in a multi-year restructuring plan in May 2012 and offered an outlook that was below expectatio ...

Seattle aims to lead nation to $15 minimum wage

SEATTLE (AP) — They've crowded into stuffy rallies at a Seattle union hall, protested in front of fast food restaurants, marched down city streets and implored city leaders to demand an immediate$15 an hour minimum wage hike for all employees. "We're ...

Analyst says California faces $340 billion in debt

SACRAMENTO, Calif. (AP) — California faces $340 billion in debts, or more than $8,500 for each of its 38 million residents, the nonpartisan Legislative Analyst's Office said Wednesday in recommending that the state set priorities for paying down its ...

The best cure for poverty is a good job

Paul Ryan pitched another battle Tuesday in his ongoing war against the American War on Poverty Wednesday, blaming President Lyndon Johnson's 50-year-old program for making things worse for the nation's poor. The Wisconsin Republican, who also author ...

U.S. economy grows at a glacial 0.1 percent

WASHINGTON (UPI) -- The U.S. economy seems to have felt the effects a harsh winter, weak exports and lower spending by businesses, which brought the economy to a near standstill. The economy grew a meagre 0.1 percent in the first three months of the ...

Seattle stymied in efforts to raise minimum wage

SEATTLE (AP) — Highlighting the contentious debate around raising the minimum wage to $15 an hour in a supportive city, Seattle Mayor Ed Murray said Thursday that no agreement has been reached among business and labor representatives trying to create ...

Seattle socialists attempt to put $15 minimum wage on ballot

SEATTLE (AP) — A group seeking a $15 an hour minimum wage filed paperwork Monday for a voter measure that would amend the Seattle charter, a move aiming to increase pressure on Mayor Ed Murray and the City Council to pass an increase without exemptio ...

The Obama Economy and the Middle Class

WASHINGTON (AP) — A sense of belonging to the middle class occupies a cherished place in America. It conjures images of self-sufficient people with stable jobs and pleasant homes working toward prosperity. Yet nearly five years after the Great Recess ...


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