Detroit—The city of Detroit filed the largest municipal bankruptcy case in U.S. history Thursday afternoon, culminating a decades-long slide that transformed the nation’s iconic industrial town into a model of urban decline crippled by population loss, a dwindling tax base and financial problems. The 16-page petition was filed in U.S. Bankruptcy Court in...

State officials in Utah are asking that individuals to use extreme caution when using campfires or other types of outdoor burning.

The number of Americans filing new claims for unemployment benefits rose more than expected last week, but not enough to signal a material shift from the recent pace of moderate job growth. A separate report showed that U.S. manufacturing activity growth slowed slightly in June. Initial claims for state unemployment benefits increased 18,000 to a seasonally...

Despite the US government’s efforts to boost growth a forecast from the UCLA Anderson School of Management said the anticipated “Great Recovery” hasn’t come true and even normal growth is hard to achieve. The second-quarter UCLA Anderson Forecast released on Wednesday   said the growth real GDP is still not enough to help the economy   recover from...

The storm engulfing the Internal Revenue Service could provide a boost for lawmakers who want to simplify U.S. tax laws – a code that is so complicated most Americans buy commercial software to help them or simply hire someone else to do it all. Members of Congress from both political parties say the current uproar – over the targeting of conservative...

A Utah lawmaker wants to entice gun manufacturers to set up business in the state and has begun work on legislation to offer incentives. Sen. Howard Stephenson, R-Draper, said he saw an opportunity for Utah after Maryland’s governor recently signed gun control legislation that Maryland-based gun maker Beretta called offensive. The company issued a...