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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 67-77
  • Legal Matters: Are annuities taxable?

    A caller asks whether annuities are taxable and will be considered part of the annuity owner's estate when he or she dies. First, basics. The U.S. Securities and Exchange Commission defines an annuity as a contract between you and an insurance company....
  • Child care cost puts squeeze on parents

    Samantha Lawson, of Mount Airy, had been working in the child-care industry for eight years when, in 2012, she learned was pregnant with twins. It should have been a wholly happy occasion, but Lawson was immediately faced with a quandary: How would she...
  • Tight state funding hits local classrooms hard

    Tight state funding hits local classrooms hard
    Money's still tight for schools years after the Great Recession — and with state support for schools barely at pre-recession levels, despite a 9 percent rise in state government revenue since then, the bite is felt most deeply in classrooms. On...
  • Park officials surprised, disappointed St. Charles referendum failed

     Park officials surprised, disappointed St. Charles referendum failed
    St. Charles Park District officials were surprised that the request to borrow $28 million for a recreation center, among other projects, was resoundingly defeated April 7. The referendum would have resulted in higher taxes for up to 20 years. "It's a...
  • MdTA approves Maryland toll reductions

    The Maryland Transportation Authority's board voted Thursday to reduce tolls statewide at the urging of Gov. Larry Hogan — mostly for E-ZPass drivers but also for those who pay cash at the Chesapeake Bay Bridge. The $6 cash toll to cross the Bay...
  • Commercial real estate boom reaches Baltimore

    Commercial real estate boom reaches Baltimore
    The jaw-dropping $121.5 million that an investor paid last month for Fells Point's Union Wharf apartments was the starkest example yet in Baltimore of how a booming national real estate market is pushing some firms to turn to smaller, riskier cities....
  • Aurora to save more than $2 million by refinancing water and sewer bonds

    Aurora to save more than $2 million by refinancing water and sewer bonds
    The city of Aurora will refinance a 2006 water and sewer bond issue and save about $2.6 million. Aldermen this week approved refunding the original bond issue of about $28.4 million. City Finance Director Brian Caputo said the city got three bids...
  • 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...