Tuesday, January 31st, 2012 | Post a comment

Douglas W. Elmendorf is director of the Congressional Budget Office.
Comparison with private sector likely to heat up debate over ending freeze.
Buoyed by generous benefit packages, federal workers earn significantly better compensation than similarly educated workers in the private sector, according to a report released Monday from Congress‘ chief scorekeeper that threatens to reignite at the national level last year’s state battles over public-employee rights.
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Monday, December 26th, 2011 | Post a comment

The devastating scene outside St Theresa Catholic Church near the Nigerian capital Abuja on Sunday
Jos, Nigeria (CNN) — A string of bombs struck churches in five Nigerian cities Sunday, leaving dozens dead and wounded on the holiday, authorities and witnesses said.
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Wednesday, December 7th, 2011 | Post a comment

The sign marking the MF Global Holdings Ltd. offices at 52nd Street in midtown Manhattan is seen in New York November 2, 2011.
Regulators investigating the collapse of MF Global have determined that the firm combined money between securities and futures accounts owned by customers, and transferred funds outside the country to at least one entity, a source said on Friday.
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Wednesday, December 7th, 2011 | Post a comment

William J. Clinton (left) and Jon S. Corzine
Former president’s new firm Teneo Strategy was hired to boost Corzine.
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Monday, December 5th, 2011 | 8 comments

Taking it easy: President Obama, pictured playing golf, has announced he will take off more than two weeks to visit Hawaii with his wife and daughters
It follows an 11-day stay in Martha’s Vineyard, Massachusetts, earlier this year, which is also believed to have cost the U.S. taxpayer millions.
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Friday, November 11th, 2011 | 5 comments
CARSON CITY, Nev. — Western Nevada College student Karen Royce has filed a harassment claim against the school, alleging a professor there required students to divulge personal details of their sex lives and assigned them to masturbate.
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