Budget crisis

Explaining what that means in the public and private sectors.

Whenever debates over the budget rage in Washington, leaders can't help but say the government should balance their budget as well as a household. But that analogy might not always hold water.

With California scheduled to vote on a budget this week, the question is: How did the state’s finances get so bad, so quickly? Do other states have to fear the same thing?

California is planning to close one quarter of its state parks, but if volunteer Carolyn Schoff has her way, Pio Pico Park won't be one of them.

Here are some of today's headlines from the Marketplace Morning Report and around the web. Portugal's prime minister stepped down after rival ...

Conor Friedersdorf points to the weather for the dicey financial situation the state of California is in, on Esquire's politics blog....