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We have a winner.The holder of the only winning ticket in a record $590.5 million Powerball jackpot is Gloria C. Mackenzie, 84, Florida Lottery officials said at a news conference Wednesday afternoon.She opted to take a lump sum payout of more than $370 million before taxes, and is believed to be the single largest lottery winner in U.S. history."We are grateful for this blessing," Mackenzie said ...    

In Rochester, N.Y., city court is a busy place – for debt collectors.Plaintiff’s lawyers seeking judgments against alleged debtors consume 89 percent of the court docket -- 7,148 of the 8,032 lawsuits heard in city court during 2011 involved debt collection, a remarkable number.But not unique. In Buffalo, 76 percent of cases involved debt collection. In the Capital District near Albany, 77 percent...    

Hailing her longtime role as a “trusted adviser,” President Barack Obama formally named U.N. Ambassador Susan Rice as his next national security adviser on Wednesday.Obama tapped Rice, a target of Republican criticism in recent months, to succeed Tom Donilon; the president also nominated Samantha Power, a longtime foreign policy adviser, to take over Rice’s role at the United Nations.“I am absolut...    

AFL-CIO President Richard Trumka released a statement today announcing support for the Currency Exchange Rate Oversight Reform Act of 2013 and its companion legislation in the House, the Currency Reform for Fair Trade Act of 2013. Trumka warned that currency manipulation by foreign governments leads to the loss of manufacturing jobs in the United States.

A U.S. soldier charged with killing 16 Afghan civilians  — many of them women and children — pleaded guilty to premeditated murder Wednesday and said he couldn't explain why he did it."I've asked that question a million times since then, and there's not a good reason in the world for why I did the horrible things i did," Staff Sgt. Robert Bales told a military judge.Bales, who appeared in a Washin...    

A U.S. soldier charged with killing 16 Afghan civilians  — many of them women and children — pleaded guilty to premeditated murder Wednesday and said he couldn't explain why he did it."I've asked that question a million times since then, and there's not a good reason in the world for why I did the horrible things i did," Staff Sgt. Robert Bales told a military judge.Bales, who appeared in a Washin...    

A new report from the Economic Policy Institute (EPI) shatters several bits of conventional wisdom embraced by the media and many in Washington, D.C., including the oft-repeated Republican mantra that lower corporate taxes boost the economy. The analysis found no evidence that changes in the statutory or effective tax rate on corporations are correlated with economic growth.

We have a winner.The holder of the winning ticket in a record $590.5 million Powerball jackpot has come forward, with lottery officials planning a news conference Wednesday afternoon to reveal the winner's identity.The winning numbers of 10, 13, 14, 22, and 52 were drawn May 18, with a Powerball number of 11. The sole matching ticket was sold at a supermarket in Zephyrhills, Fla.The winner was exp...