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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
  • Index funds (still) beat managed funds

    In honor of Financial Literacy Month, it's time to return to a core concept of investing: the difference between a managed and an index fund. According to the Investment Company Institute (ICI), from 1990 to 2013, the number of households owning mutual...
  • 5 ways to buy gold

    No one is talking much about gold these days, since gold is typically viewed as a hedge against inflation and there's very little inflation around. Even worse, if the Fed raises rates, gold becomes less attractive as an investment. The price of gold has...
  • Reverse mortgage now comes with stricter underwriting process

    The Great Recession and stock market rout eviscerated retirement nest eggs, changing the course of retirement planning for millions of people. And while the value of real estate also plunged, many older Americans owned their homes outright, allowing...
  • United Financial Bancorp Posts Earnings, Raises Dividend

    United Financial Bancorp Inc., in its third quarter as the merged Rockville and United banks, posted first quarter profits Tuesday and announced a 20 percent increase in its quarterly shareholder dividend. Net income for the quarter at the Glastonbury-...
  • Improved Hospital Finances Are Not What They Seem As Malloy Cuts Loom

    Improved Hospital Finances Are Not What They Seem As Malloy Cuts Loom
    In the heat of a battle over state support for hospitals, new financial figures appear to show exactly what Gov. Dannel P. Malloy has been saying: The hospitals are doing fine and can withstand more deep cuts. The 28 hospitals that reported financial...
  • Corinthian Colleges to end operations, close remaining schools

    Corinthian Colleges to end operations, close remaining schools
    After years of government investigations, Corinthian Colleges Inc. will shut down more than two dozen of its remaining schools, displacing more than 10,000 students. The move ends the turmoil at what was once one of the nation's largest for-profit college...
  • Overvalued stocks? What an underwhelming question

    The question "Is the stock market overvalued?" is one of those queries that sounds important, can be debated forever and is, for all practical purposes, meaningless, much like "Where do we come from?" or "Are we alone in the universe?" or even, "Is this...
  • Ask Kim: Which tax records can I toss?

    Q: I've filed my tax return for 2014. Which records should I keep, and which ones can I get rid of? I've kept all of my tax files for the past several years. A: The IRS generally has up to three years after the tax-filing deadline to initiate an audit,...
  • Illinois mulls a nonprofit development arm to push job creation

    Illinois mulls a nonprofit development arm to push job creation
    When Kristi Tanner traveled to Russia in 2013 to attend a plant opening by a Chinese company, she took along a picture book about Ohio and a letter from the state's governor to hand to its chairman. Through a translator, Tanner, a managing director at...
  • Investing: Why the super buck scares investors

    Why has the dollar been so strong? There are a number of reasons. Our economy has been strengthening, especially relative to the economies of Europe and Japan -- and even compared with the economy of China, where the rate of growth outpaces ours but is...
  • Ken Griffin, Illinois' richest man, made another $1.3 billion last year

    Ken Griffin, Illinois' richest man, made another $1.3 billion last year
    Managing other peoples' money is not a bad gig. Just ask Ken Griffin. Griffin, the richest man in Illinois and founder of the Chicago hedge fund Citadel, took home $1.3 billion last year, making him the best-paid in his field, the New York Times...