| Jun 11, 2013
| 5:24 AM
DETROIT (AP) — Cash-strapped and fiscally troubled Detroit has about a 50-50 chance to avoid bankruptcy, according to state-appointed emergency manager Kevyn Orr.
Orr laid out his plans to Detroit residents Monday evening at Wayne State...
| Jun 11, 2013
| 7:32 PM
The state-owned Hyatt Regency Chesapeake Bay resort in Cambridge continues to deplete a reserve fund to cover its semiannual debt payments because it is not making enough money.
The state withdrew $2 million from the reserve June 1, cutting the fund's...
| Jan 18, 2013
| 1:58 PM
Does your debt nag at you and make you miserable?
A researcher has now put a number to the emotions. He has quantified just how much debt drags some people down.
Lawrence Berger, a University of Wisconsin at Madison associate professor of social work,...
| Jan 22, 2013
| 10:07 AM
WASHINGTON -- President Barack Hussein Obama's second inauguration was every bit as historic as his first -- not because it said so much about the nation's long, bitter, unfinished struggle with issues of race, as was the case four years ago, but...
| Jan 23, 2013
| 12:29 PM
WASHINGTON (AP) — With tacit support from President Barack Obama, House Republicans were moving Wednesday to try to defuse a potential debt crisis with legislation to prevent an economy-rattling fiscal crisis for at least four months.
| May 17, 2013
| 3:27 PM
The Berkeley County Building Commission advanced a bond ordinance to second reading Thursday that would allow officials to obtain up to $700,000 in financing to complete the new Hedgesville, W.Va., public library building.
The bond ordinance for the...
| Jan 11, 2013
In the early 1970s, two rookie investigative reporters at the Washington Post, Bob Woodward and Carl Bernstein, burst onto the public stage with daily revelations about a peculiar burglary at the Watergate Hotel. In time, their discoveries brought down...
| Jan 15, 2013
| 4:20 PM
You know all those warnings about how America's addiction to deficit spending is going to make us look like Greece?
Stop worrying. The bigger concern should be that America will look like Argentina.
That could happen, theoretically, if the...
| Dec 19, 2012
| 12:01 PM
Concerns raised over how the CTA will pay off debt service on up to $1 billion in bonds delayed approval on Wednesday of the RTA 2013 budget for the CTA, Metra and Pace.
The issue arose at the last minute over language in the CTA's five-year capital...
| Dec 27, 2012
| 4:21 AM
WASHINGTON (AP) — Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break. "God only knows" how a deal can be reached now, House Speaker John Boehner declared....
| Jan 6, 2013
Dear Liz: I have a first mortgage with a current balance of $32,000 at 5.625% interest. This will be paid off in about 24 months, based on regular payments plus $200 a month extra I am paying on principal. I have a home equity line of credit with a...