Dallas' decision to stop lump-sum withdrawals from a special retirement fund for police and firemen that is billions short in funds just stops the financial bleeding. It does not cure the patient.

"Upside sensitivity" analyses are the new buzz-words, as companies begin to make plans to invest in the U.S. economy.

Mexico’s new proven reserves, potentially 125 billion barrels, are now open to private exploration.

It’s official: McDonald’s says that every one of its 14,000 stores nationwide will be replacing cashiers with automated touch-screen kiosks.

It's incredible how mathematics can sink the largest and most prosperous of cities, such as Dallas, with its sinking pension fund.

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