The economy is on a tear, with the national growth rate high and unemployment low. Eighty percent of U.S. companies have reported earnings that exceed Wall Street forecasts. City and state revenues are surging, as the Great Recession fades in the rear view mirror. But many of the pension funds...

Buoyed by the votes of suburban women and independents, Democrats gained hard-won ground in the nation’s statehouses in Tuesday’s midterm election. Democrats won seven governorships and six legislative chambers previously held by Republicans. They also took outright control of...

Many states have learned lessons from the Great Recession of 2007-09 and are better prepared for the next economic downturn, according to findings by the National Association of State Budget Officers (NASBO) and other analysts. “Rainy day funds are growing as a share of state budgets,”...

It’s the holiday season, and if most voters are thinking about politics at all they are probably pondering more about how to get through family festivities without a major blowup over differing political philosophies than they are about next year’s legislative agendas. But rest assured...