Revenue and staffing are both growing at small businesses but have yet to get back to pre-recession levels, according to data released by business software provider Intuit Inc. on Wednesday.
The measure would reduce annual cost-of-living increases for public employees and also gradually makes schools pay the cost of retirement benefits for their employees.
May's figure is the biggest drop since October 2011, with a weak housing market and consumers seeing their retirement plans shrink as stock prices fall.
Arizona is considering requests to expand its fledgling medical marijuana program to allow use of the drug for an array of conditions, including post-traumatic stress syndrome and migraines, beyond those allowed under the law approved by voters two years ago.
One of the nation's largest pension funds says it will vote its 5.3 million shares against all of Wal-Mart's board nominees including the company's current and former CEOs at the retailer's annual meeting next week.
The federal government has approved $628 million to support a Massachusetts plan for improving care and lowering costs at seven hospitals that treat many of the state's poorest residents.
Longtime coach Joe Paterno earned a state pension of $13.4 million for his 61-year career at Penn State. His wife will receive a payment of $10.4 million in weeks.
A Congressman investigating secondary wholesalers accused of jacking up prices of crucial prescription drugs in short supply has introduced a bill meant to curb the problem.