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Finance

A collection of news and information related to Finance published by this site and its partners.

Top Finance Articles

Displaying items 12-22
  • Murky mess at Illinois Capitol as higher stakes loom

    Murky mess at Illinois Capitol as higher stakes loom
    Gov. Bruce Rauner on Thursday admitted he's not sure his plan to cut government worker pension costs is legal and suggested legislators may need to pass a bunch of laws to see what sticks. Rauner also indicated he's "taken a number of things off the...
  • Saucon Valley School Board cites surplus, won't raise taxes

    Saucon Valley School Board cites surplus, won't raise taxes
    The Saucon Valley School Board has found a way to avoid a tax hike it had warned property owners could come their way. It will tap into the district's surplus to balance the 2015-16 budget. The board voted 8-1 Tuesday night to pass the $42.9 million...
  • Kane County sheriff expects budget to be short an additional $800k

    Kane County sheriff expects budget to be short an additional $800k
    Kane County Sheriff Don Kramer appeared before the county's Judicial and Public Safety committee Thursday with good news about a tentative collective bargaining agreement with correctional officers and bad news about an additional $800,000 in revenues...
  • Pimco to close two stock funds as equities investment chief leaves

    Pimco to close two stock funds as equities investment chief leaves
    Pacific Investment Management Co. said that it was closing funds under two of its main stock investment strategies and that its equities investment chief was leaving, a sign that its push for growth in the crowded field of stock mutual funds had hit a...
  • Phoenix CEO: Share Price Disconnected From Fundamentals

    Phoenix CEO: Share Price Disconnected From Fundamentals
    — The share price of The Phoenix Cos. is disconnected from the company's fundamental business performance, CEO James Wehr told shareholders Thursday during an annual meeting at the company's headquarters. "It's always important to take a long-...
  • Brown's budget boosts spending for schools, adds tax credit

    Gov. Jerry Brown took a restrained approach in proposing a record $115.3 billion budget Thursday that sends more money to schools and offered what he called a reasonable commitment for a new tax credit to the working poor. His proposal left fellow...
  • House Finance stalls Walker's Medicaid expansion proposal

    House Finance Committee co-chair Steve Thompson said Thursday that the panel is not comfortable moving ahead with plans to expand Medicaid coverage in Alaska at this time. The decision deals a blow to Gov. Bill Walker, who campaigned on expansion and...
  • House Democrats pass proposal to raise vehicle fees

    A proposal by Democratic lawmakers to raise motor vehicle fees to pay for road and infrastructure improvements cleared the House on a straight party-line vote Thursday. The legislation was approved on a 25-16 vote, just meeting the required three-fifth...
  • Q&A with U.S. Transportation Secretary Anthony Foxx on L.A., Amtrak

    Q&A with U.S. Transportation Secretary Anthony Foxx on L.A., Amtrak
    U.S. Transportation Secretary Anthony Foxx came to Los Angeles on Thursday to urge Congress to keep money flowing for state highway, bridge and transit projects. In two weeks, unless Congress acts, federal officials' ability to give money to state and...
  • Illinois road, bridge maintenance funding looks bleak

    Money to maintain Illinois highways and bridges drops steeply in the coming year and could lead to significantly deteriorated roadways in the next five years unless officials find a fix, Gov. Bruce Rauner's administration said Thursday. The Illinois...
  • Proposed state budget allocates $2.2 billion for drought response

    Proposed state budget allocates $2.2 billion for drought response
    As Californians prepare to confront the coming hot, dry summer months, Gov. Jerry Brown proposed more than $2 billion in additional drought funding Thursday as part of his revised state budget. The surge in funding comes mostly from Proposition 1, a $7....