May 24, 2012, 1pm PDT
Since declaring bankruptcy in 2008, the climb out of the budgetary depths hasn't been an easy one for the city of Vallejo, California. But, as it springs back to life, could Vallejo become a model for how to run a city in an age of austerity?
March 22, 2011, 11am PDT
Many voices have raised concerns over municipalities defaulting on bonds during these tough economic times. But as this op-ed argues, those concerns are misguided.
March 11, 2011, 10am PST
Budget-troubled Jefferson County, Alabama -- once thought to be on the brink of the largest municipal bankruptcy in U.S. history -- is moving forward with plans to clean up its finances.
December 28, 2010, 9am PST
The tiny city of Hamtramck, Michigan, is edging closer to bankruptcy, as budget woes grow.
October 18, 2010, 6am PDT
As the economic downturn has caused many states and municipalities to borrow large amounts of money, some worry there may be a glut of them going bankrupt.
February 22, 2010, 7am PST
The economic recession is pushing many municipalities towards declaring bankruptcy.
August 13, 2009, 8am PDT
Municipal bonds are being defaulted on left and right. But the news sounds worse than it is. Few of those defaults are by cities -- for now.
July 12, 2009, 5am PDT
Budget issues are causing major issues for a handful of states. Neal Peirce argues these budget woes are a sign that states are making the wrong investments and that they idea of a state may be out of date.
February 18, 2009, 1pm PST
President Barack Obama has announced a $75 billion plan to help counteract home foreclosures -- a move that aims to allow more than 9 million Americans to refinance their troubled mortgages.
May 13, 2008, 9am PDT
<p>The northern California city of Vallejo has declared bankruptcy, becoming one of few cities and the largest in the state to do so. Other struggling cities are watching closely to see if the strategy helps to save the city.</p>
The San Francisco Chronicle
April 16, 2008, 12pm PDT
<p>Thousands of stores across the country face closure as the credit crisis curtails consumer spending, and chain retailers file for bankruptcy.</p>