Corporate deals helped lift stocks in afternoon trading Monday, steering the market on course for its second consecutive gain. Investors cheered Citigroup’s latest earnings as well as acquisitions such as generic drug developer Mylan’s $5.3 billion bid for Abbott Laboratories.
Rejecting arguments the state cannot afford it, a judge has ordered Gov. Jan Brewer and the Republican-controlled Legislature to come up with an extra $316 million immediately — and potentially $2.9 billion over five years — to make up for aid to schools they illegally withheld.
Kyrene School District’s governing board gave the OK to fix some critical roadways at several schools when it approved the 2014-15 Proposed Budget and Identification of Insurance and Condemnation Proceeds by a 3-1 vote during Tuesday evening’s governing board meeting.
The excitement of acceptance into that dream college has passed. The first day of classes is still weeks away. But the resources provided by high school teachers and computer labs are no longer available for recent graduates.
We know all about past financial histories of failed governments. Every government with a fiat currency, like America’s, has failed. The maximum lifespan of fiat currencies has been 43 years. In America, we became a fiat currency in 1971, when Nixon took us off the gold standard. We are now in our 43rd year.
Once you’ve made the decision to buy a home, it’s time to review your credit standing. If you don’t, you can be sure your lender will when you apply for a mortgage. It’s a good idea to know what you’re working with before you fill out your mortgage application. That way, you have some time to establish, improve or repair your credit standing. Exactly where you stand will help determine whether you are approved for a mortgage and, if so, the interest rate you will be charged.
The lines have been clearly drawn for those in favor of the Phoenix Pension Initiative, who would like to see the city create a more sustainable pension system, and those against it, who say a dramatic change would cost taxpayers millions to carry out.
Are you thinking of investing in municipal bonds? If so, you may have good reason, particularly if you are in one of the higher tax brackets. After all, municipal bond interest payments typically are exempt from federal income taxes, and possibly state and local income taxes, too — although some “munis” are subject to the alternative minimum tax. However, since not all municipal bonds are the same, you’ll want to know the differences — especially in terms of risk.
June is a popular month for weddings. If you’re getting married next month, you no doubt have many exciting details to discuss with your spouse-to-be. But after you get back from the honeymoon, you’ll want to have another discussion — about your finances. It might not sound glamorous, but couples who quickly “get on the same page” regarding their financial situation are actually taking a step that can help them immensely as they build their lives together.
Youth entrepreneurship isn’t just about curbside lemonade stands. Generation Y has been making its own income in innovative ways. For many of them, that means entrepreneurship. According to Kauffman Foundation, young entrepreneurship in the U.S. is on the rise, with the 20-34 age group comprising 29 percent of the total new entrepreneurship activity in 2011.
The Federal Reserve has been using interventionist actions since the early ‘60s. This action is what many refer to as Keynesian economics. In consort with the administration, the FED thinks that intervening into the market helps accelerate growth. It usually stimulates the market in the short term, but long term loads the government with debt that has to be paid back. Michael Pinto in his article “Rising Rate Realities” expressed it this way, “Because of the unprecedented and unsustainable amount of outstanding debt, central banks now face only two choices: (1) Stop printing money and allow a devastating deflationary cycle to pop the asset bubbles that exist in equities and real estate, or (2) continue expanding the money supply until hyperinflation eradicates the middle class and the economy.”
It was 50 years ago Barry Goldwater declared “extremism in the defense of liberty is no vice.” The political world gasped and he suffered a crushing defeat in the 1964 presidential election. Today, pundits and the “legacy media” commonly emphasize the importance of keeping those extremists marginalized.
It was 50 years ago that Barry Goldwater declared “extremism in the defense of liberty is no vice.” The political world gasped and he suffered a crushing defeat in the 1964 presidential election. Today, pundits and the “legacy media” commonly emphasize the importance of keeping those extremists marginalized.
Over the past few years Ahwatukee Foothills resident Danielle Thomas was struggling with money, with her faith in humanity and with her faith in God. It took the kindness of strangers to restore it all.