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The council on Wednesday passed a one-year freeze in pension benefits that will save $25 million. It means that employees won't earn pension credits for 12 months beginning Feb. 1.

An influential group of business CEOs is pushing a plan to gradually increase the full retirement age to 70 for both Social Security and Medicare and to partially privatize the health insurance program for older Americans.

They say the best defense is a great offense. One of the nations most popular discount brokers shows how its done.

Geithner says the move will free up $156 billion in borrowing authority while Congress debates increasing the $16.4 trillion debt limit.

New York state Comptroller Thomas DiNapoli is freezing investment by the public workers' pension fund in firearms companies following recent shooting tragedies.

JPMorgan Chase & Co. has been ordered to take steps to correct poor risk management that led to a surprise trading loss last year of more than $6 billion.