| Feb 21, 2014
| 10:30 AM
Detroit hopes to emerge from bankruptcy this year in part by significantly cutting city workers' pensions and payments to bondholders, according to a blueprint filed Friday to restructure the city's $18-billion debt.
Detroit is to invest $1.5 billion...
| Feb 22, 2014
We know where the time has gone, so stop asking. Where has the money gone?
Let's try to minimize regret, and maximize assets, in 2014 with some basic guidance from Don Taylor, a financial columnist for Bankrate.com who is also a financial planner with a...
| Jan 22, 2014
| 6:54 PM
A man convicted in the theft of millions of dollars of artwork from the Santa Monica home of a prominent bond trader has been sentenced to four years in prison.
Darren Agee Merager broke into the home of Jeffrey Gundlach — considered one of the...
| Feb 3, 2014
| 8:52 PM
NEW YORK — A stream of negative economic reports has revived fear about the health of the U.S. economy, causing stocks to suffer their worst day in seven months and adding to a 7% decline since mid-January.
Stocks were pounded by discouraging data...
| Feb 19, 2014
| 10:19 PM
Sen. Dianne Feinstein (D-Calif.) offered a full-throated defense of the government's collection of data on billions of American phone calls, saying Wednesday that the National Security Agency’s practices have safeguarded the nation without trampling...
| Feb 18, 2014
| 11:57 AM
North Shore School District 112 officials argue the district's future looks bleak without closing four or even six of the district's 12 school buildings.
Members of the district's superintendent's citizen finance and facilities advisory committee have...
| Feb 17, 2014
| 2:30 AM
Kiplinger's Personal Finance
Looking back five years since the stock market bottomed out, you could glean a lesson or two from the stock market's plunge and subsequent recovery.
By March 2009, few investments had come through the...
| Jan 29, 2014
| 3:35 PM
Retirement experts nationwide are buzzing about one element of President Obama's State of the Union speech Tuesday night. That's his proposal for the "myRA," a retirement account aimed chiefly at lower-income workers whose employers don't offer...
| Jan 24, 2014
| 2:09 PM
Wheaton Warrenville Community Unit School District 200 board members have approved an intent to borrow by issuing $10 million in working cash bonds.
The money would be used to fix a number of needs at school buildings, officials said.
| Jan 24, 2014
| 11:28 AM
HARTFORD — The Phoenix Cos. has disclosed a preliminary agreement on a settlement with the Securities and Exchange Commission over its delay in filing quarterly financial reports for several years.
In the proposed settlement, the company...
| Jan 7, 2014
| 6:30 PM
Common stocks and stock funds performed very well in 2013. If you maintained a diversified portfolio with a significant proportion in equities, you most likely had a good year. If your portfolio was heavily weighted toward traditional bonds or bond funds,...