| Jun 20, 2014
| 3:28 PM
Although Argentina's apparently imminent default on its foreign debt is unlikely to trigger a rerun of the economic and political crises that nearly tore the country apart a decade ago, it could usher in a new era of hardship, analysts said Friday....
| Jun 23, 2014
| 8:11 PM
For days, the northern Iraqi city of Mosul was flush with rumors of an imminent onslaught by Al Qaeda-inspired militants, prompting the mayor to appeal to "men who love death with honor" to mount a defense even as others fled.
When gunmen broke...
| Jun 25, 2014
To the editor: Referring twice to the minority holders of Argentina's bonds as "vultures" is outrageous. ("Foreign debt default is unavoidable, Argentine officials say," June 20)
When Argentina previously faced default and restructured this debt, none...
| Jun 25, 2014
If you are agonizing over where to invest your money, you aren't alone.
The pros are there with you — nervous about stocks and bonds as clear opportunities become fuzzy in both. As the best and brightest fund managers talked at Morningstar's...
| May 29, 2014
| 7:34 AM
Fixed mortgage rates declined for the fifth straight week, with Freddie Mac reporting that lenders were offering 30-year home loans at an average of 4.12%, down from 4.14% a week earlier.
The average offering rate for a 15-year fixed loan fell to 3.21%...
| Jun 3, 2014
| 6:30 PM
Common stock investors have certainly been pleased with the overall stock market performance over the last five years. For example the S&P 500 index increased 19.1 percent in that period; Vanguard's total stock market index fund has increased 19.6...
| May 14, 2014
| 6:20 PM
Stock prices are near all-time highs, but the real place to be this year is the bond market.
To the surprise of many on Wall Street, the long-underestimated fixed-income market is quietly outperforming its equity counterpart.
Many investors expected...
| Jun 8, 2014
| 5:14 PM
When California voters approved $9 billion in funding for a bullet train in 2008, the ballot measure included the strictest engineering and spending controls ever placed on a major state project.
Voters were told that the high-speed trains would hit 220...
| Jun 19, 2014
| 2:21 PM
Searching for a place to stash cash is frustrating.
You could put the money in a savings account and earn virtually nothing. You could put it in a money market fund and suffer the same fate. You could select a short-term bond fund, but you will get...
| Jul 1, 2014
| 5:00 AM
It was a slow grind, but U.S. stocks posted gains in the second quarter and first half, extending the bull run into a sixth year.
In a surprise, investors also were rewarded for sticking with bonds, as interest rates resumed their decline after...
| May 8, 2014
| 8:28 AM
After a recent past that can only be described as rocky, the Broward School Board wants voters to approve an $800 million bond referendum this November.
I'm going to withhold final judgment for now, but let me clue in superintendent Robert Runcie and...