Members of the D.C. Council are scheduled to receive $3,000 cost of living increase to their salaries this year, but many are signing waivers, saying it's not fair for them to get pay increases while other city workers do not.
Housing prices are still falling nationwide, but some analysts see reason for optimism in the real estate market. Home listings are dropping closer to healthy market levels, and some real estate agents report more interest among would-be buyers.
As social media grows, hiring managers have started to screen Facebook and Twitter accounts, as well as running criminal background checks for potential employees. Some employers are asking applicants to hand over Facebook passwords as well.
Groups within the Occupy Wall Street movement are trying to overhaul the banking system — and they even dream of a new kind of bank. One activist sees "a bank that would be democratic, that would be owned by its employees and by its customers."
The Pennsylvania capital Harrisburg is more than $300 million in debt. The budget is controlled by a state-appointed custodian. City and law enforcement services are under strain and residents worry violent crime may be growing.
Last week, President Obama nominated a physician-turned-College President to run the World Bank. This sets up an unprecedented competition among three very different candidates, all hoping to run the World Bank...
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