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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 89-99
  • Detroit eyes bankruptcy exit in second week of December: attorney

    DETROIT (Reuters) - Detroit is eying a date between Dec. 8 and 10 for its debt adjustment plan to take effect, allowing the city to exit the biggest-ever municipal bankruptcy, an attorney said on Monday. Heather Lennox, Detroit's attorney with law firm...
  • Microsoft sues IRS for details of probe on internal transactions

    Microsoft sues IRS for details of probe on internal transactions
    Microsoft sued the Internal Revenue Service on Monday, seeking information about a law firm hired by U.S. tax authorities in a review of how the software company books sales between subsidiaries. The lawsuit, filed in a District of Columbia federal...
  • The perfect time for a financial health check up

    I am writing this in anticipation that it will be published on Nov. 26. That means that there are just 28 shopping days until Christmas, a fact that will probably not concern most of our readers. More critically however, is that you have only 34 days or...
  • EU eyes special funds to leverage investment plan

    The European Commission is likely to decide to shift some of its budget into special financial instruments to promote private investment when it meets on Tuesday to agree a plan that can boost EU economic growth, a source familiar with the issue said....
  • Suburban funds frozen by fraud investigation

    Suburban funds frozen by fraud investigation
    Some suburban officials worry that millions in taxpayer dollars could be lost and are closely following as federal authorities prosecute a case involving alleged fraudulent loans provided to a state investment fund in which dozens of Illinois towns...
  • South Side apartment building among 3 Chicago energy efficiency stars

    South Side apartment building among 3 Chicago energy efficiency stars
    To say the 55-unit building in Chicago's South Shore neighborhood was in disarray when it was changing hands in 2009 would be an understatement. "It was completely dilapidated," said Sandeep Sood, principal of Nautilus Investments, which acquired the...
  • Student sit-in continues at UC Berkeley over tuition hikes

    Student sit-in continues at UC Berkeley over tuition hikes
    A student sit-in protesting tuition hikes at the University of California continued at UC Berkeley's Wheeler Hall for the third day Saturday, while others planned to make a peaceful presence felt at the football game between Cal and Stanford. Students...
  • Putin stands by hawkish Russian central bank - for now

    By Lidia Kelly and Oksana Kobzeva MOSCOW (Reuters) - With Russia's economy battered by economic sanctions and plunging oil prices, President Vladimir Putin has allowed the central bank to administer strong medicine, sharply raising interest rates even as...
  • China rate cut knocks legs from under yuan rally, more volatility seen

    By Pete Sweeney SHANGHAI (Reuters) - China's surprise interest rate cut is another step toward softening the country's exchange rate, setting the yuan on course to end the year lower for the first time since its landmark revaluation in 2005. The People'...
  • Qualifying for reverse mortgages will become harder

    Qualifying for reverse mortgages will become harder
    Are reverse mortgages headed in reverse? Based on forthcoming federal rule changes for seniors who expect to apply for one, you might think so. But as a taxpayer, you might say bravo: Toughening up qualification standards — including such basics...
  • Puckett's departure deconstructed: Senator resigning killed McAuliffe's secret Medicaid plan

    RICHMOND, Va. — Virginia Gov. Terry McAuliffe had run out of options to pull off his marquee campaign promise to expand Medicaid under the Affordable Care Act. Even a risky plan to circumvent the legislature had fallen apart. That's when the...