WASHINGTON -- Although the federal government began a partial shutdown Tuesday, most financial regulators remained on the job because their agencies are funded outside the congressional appropriations process.
The U.S. economy is more fragile today than it was before the last federal government shutdown. A quick recovery followed that time, but conditions are different now.
WASHINGTON -- Standard & Poor's said Monday that the current impasse over funding the federal government and raising the debt limit probably would not lead to another downgrade of the U.S. credit rating -- as long as the stalemate didn't last long.
The California Highway Patrol has withdrawn its safety guidance on motorcycle lane-splitting.
One of the most recognizable names in the world of theater criticism is stepping down. John Lahr, the senior theater critic for the New Yorker for close to 20 years, is quitting regular reviewing for the magazine to concentrate on profile writing and book projects. The New Yorker made the announcement this week on its arts blog, Culture Desk. Lahr joined the magazine in 1992 during the Tina Brown era and has contributed numerous pieces of criticism as well as longer profiles on famous cultural figures including Ingmar Bergman, Woody Allen, Judi Dench and Helen Mirren. As a critical voice, Lahr has been generally less feared than some of his more vicious peers at the New York Times...