On Monday, the Securities and Exchange Commission published a notice that simultaneously charged the state of Illinois with committing securities fraud and also settled the charges, without requiring Illinois to either "admit or deny" the agency's findings.
Many economists view underfunded pensions as one of the biggest threats to the nation's fiscal health. Two votes in California Tuesday show how public sentiment is leaning toward cutting costs, even if it means taking away promised benefits.
Major news stories ebb and flow, rising to the headlines and then slipping out of the spotlight. But even as they fade from attention, keep an eye on this handful of long-term issues with the potential to disrupt the U.S. economy and global recovery.