state budget cuts

The 10 States With the Most Trouble Paying Their Bills

Balancing the budget isn't just a federal problem -- it's a state one, too. The Great Recession resulted in some of the lowest state revenues in years, and some of the biggest budget shortfalls ever -- in some cases, into the billions of dollars.

Debt-Ceiling Law: States Brace for Another Hit

The debt-ceiling discussions may be over, but the fallout for states is just starting. Many states, still struggling to recover to pre-recession levels, have depended on federal money to make up their shortfalls. As the flow of money slows, which states will take the biggest hits?

McGraw-Hill and Scholastic Book Positive Earnings

While Amazon sucked up most of the air in book publishing circles this week, both Scholastic and McGraw-Hill quietly posted encouraging earnings reports, with promising signs of good tidings over the next three months.