Sean Wotherspoon spent Saturday night in his Los Angeles home, watching live as his businesses were destroyed.

What do the protests engulfing the country have to do with public pensions? More than you’d think.

While the vast majority of people in the United States had health insurance before the ACA, the new law is aimed at people who would not or could not buy insurance.

If markets remain at their current levels until June, most state and local pension plans will end fiscal year 2020 with negative annual investment returns, reduced asset values, lower funded ratios, and higher actuarial costs.

Good luck keeping up with Robert Mujica. On any given day, the 46-year-old state budget director gets up at 4:30 a.m., jogs five miles, and then races a Ducati 999 street bike 30 miles from his Columbia County home to the driveway outside the governor’s office in the state Capitol. If you had a boss like Gov. Andrew Cuomo, you too might be in a daily race against time. 

Emergency-borrowing legislation that Gov. Phil Murphy wants lawmakers to enact so the state can deal with revenue losses caused by the coronavirus pandemic is scheduled to get its first committee review in the Assembly on Monday.

New Jersey may have to cut half its 400,000 state and local employees if the federal government doesn’t help make up a $10.1 billion revenue shortage through June 2021, Governor Phil Murphy said.

The current U.S. budget deficit could soon exceed a record $4 trillion. The massive borrowing is being driven both by prior budget profligacy and a hurried effort by the Donald Trump administration to pump liquidity into a quarantined America.

The U.S. central bank now has a stake in the fortunes of a broad swath of corporate America after buying about $1.3 billion (1.06 billion pounds) of bond funds with debt issued by firms in all walks of the world’s biggest economy, from Apple Inc to a clutch of companies in bankruptcy.

In a widely expected move, Trump vetoed congressional legislation that would have overturned a key student loan forgiveness rule drafted by the U.S. Education Department under the leadership of Education Secretary Betsy DeVos.