| Oct 23, 2013
| 2:40 PM
Detroit went into federal bankruptcy court on Monday hoping to prove what most people already know: It is poor and $18 billion in debt, its residents aren’t getting adequate municipal services and there is no real way to rebound without some sort of...
| Oct 30, 2013
Anticipating the Securities and Exchange Commission's actions can feel like waiting for Godot. The SEC has been sitting on a petition for a new rule requiring publicly traded companies to disclose to shareholders what corporate funds are spent on...
| Oct 29, 2013
| 5:00 AM
WASHINGTON — The Federal Reserve has taken unprecedented steps to stimulate the economic recovery from the Great Recession, but the tab has risen to such tremendous proportions — fast approaching $4 trillion — that some worry the central...
| Jul 5, 2013
| 8:44 PM
Wall Street has preferred to call the recent rebound in long-term interest rates a "wake-up call."
But to some bond investors it's apparently more like a five-alarm fire.
As rising interest rates have pushed down the value of older bonds in the last...
| Jul 5, 2013
| 8:28 AM
WASHINGTON -- The government's unexpectedly strong June jobs report leaves the Federal Reserve on track to start tapering its bond-buying stimulus efforts as early as September, analysts said Friday.
"The labor market has very strong momentum," Chris...
| Jul 18, 2013
| 1:01 PM
WASHINGTON – Student borrowers will see interest rates reduced to levels near those that expired last month under a deal announced by lawmakers Thursday, potentially ending a battle over college costs that had divided Democrats and threatened to...
| Jul 25, 2013
| 3:22 PM
WASHINGTON -- U.S. regulators said Thursday that they reached an $885-million settlement with UBS Americas Inc. of a suit alleging that the subsidiary of the Swiss banking giant misrepresented mortgage bonds it sold to Fannie Mae and Freddie Mac.
| Jul 26, 2013
| 3:57 PM
For generations, there has been a tried and true way for parents to help their children get ahead: investing in their education.
Along the way, we learned that the same formula works for society as well. Make public investments in education — be...
| Dec 16, 2013
| 2:00 AM
City officials on Monday will consider issuing $35 million in bonds for the massive Harbor Point development — among the final steps before construction can begin on the $1.8 billion waterfront project.
Such bond issues by the city's Board of...
| Dec 18, 2013
| 5:52 PM
NEW YORK — The long-feared tapering of economic stimulus by the Federal Reserve powered the stock market to its latest record high as investors rejoiced at the prospect of stronger growth next year.
The Dow Jones industrial average catapulted...
| May 11, 2011
| 1:14 PM
A proposal to seek a 2 cent cut in Hampton's real estate tax rate was dropped Wednesday ahead of a vote at City Hall.
Councilman Donnie Tuck made the proposal last week when he said he would seek a vote at Wednesday night's city council meeting when...