Search Results for “debt”

Judge: Stockton must treat pension like other debt 10/01/2014 09:14pm • DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) -- Striking at the sanctity of public pensions in California, a federal judge ruled Wednesday that U.S. bankruptcy law allows the city of Stockton to treat pension fund obligations like other debts, meaning the city could trim benefits.Stockton a

Manager Orr testifies in Detroit bankruptcy trial 10/01/2014 08:22pm • COREY WILLIAMS Associated Press DETROIT (AP) -- Emergency manager Kevyn Orr testified in bankruptcy court Wednesday that when he took over Detroit's finances, he found a city with poor services for residents, next to no cash flow and significant neighborhood blight.Orr, who was hired by the state in

U of Chicago increases aid to needy students 10/01/2014 07:30pm • CARLA K. JOHNSON Associated Press CHICAGO (AP) -- As selective colleges try to increase economic diversity among their undergraduates, the University of Chicago announced Wednesday that it's embarking on an unusual effort to enroll more low-income students, including the elimination of loans in its

'Vultures' hover over Argentina -US relations 10/01/2014 05:08pm • ALMUDENA CALATRAVA Associated Press BUENOS AIRES, Argentina (AP) -- Relations between Argentina and the United States have sunk so low the South American nation's president is blaming the Obama administration for her country's debt crisis and suggesting Washington might even want to have her killed.

New school, Metro lead $219M bond questions 10/01/2014 02:30pm • Arlington County taxpayers will be asked to approve $218.7 million in general bond obligations at the ballot box on Nov. 4. The big-ticket question in that referendum will be $105.7 million for Arlington Public Schools, $50.25 million of which will pay for either a new elementary school adja

France's Socialists detail hefty spending cuts 10/01/2014 10:06am • SYLVIE CORBET Associated Press PARIS (AP) -- France's Socialist government has detailed a 21 billion-euro ($26.5 billion) cost-cutting plan, the biggest in the country's modern history, saying it will focus on trimming welfare benefits.Presenting the 2015 budget on Wednesday, Finance Minister Michel

Stocks mixed...Manufacturing, construction spending reports due...Plastic-bag ban far from wrapped up 10/01/2014 07:40am • BANGKOK (AP) -- Asian stocks were mixed Wednesday after Wall Street slid and Hong Kong braced for bigger pro-democracy protests. European stocks slipped in early trading. Futures point to steady stocks when Wall Street opens this morning. Benchmark U.S. crude oil rose above $91.50 per barrel. The do

Hostage tale suggests IS wary of upsetting Turkey 10/01/2014 01:12am • RAPHAEL SATTER Associated Press SILOPI, Turkey (AP) -- Turkish truck driver Ozgur Simsek was sleeping off a 1,000-kilometer (620-mile) fuel run to the Qayara power station in Iraq, he said, when he heard banging on his vehicle's door."IS took over last night," the power plant's foreman shouted, refe

Are free credit scores really free? 10/01/2014 12:00am • Consumers tend to regard the offer of "free" stuff suspiciously, and rightly so, especially when it relates to credit cards. In the past, companies that have offered free credit scores or free credit reports have enrolled unsuspecting consumers into monthly programs that charged fees. The Feder

3 Facts for Students to Know About For-Profit Colleges and Student Debt 10/01/2014 12:00am • Not all press is good press, especially when it comes to recent headlines about for-profit colleges. The Consumer Financial Protection Bureau made news when it recently sued for-profit Corinthian Colleges, which operates schools under the Everest name , among others, for predatory lending. And wh

9 Ways to Reduce Your Insurance Costs 10/01/2014 12:00am • Insurance cost-cuttersIt's hard to get through life without paying for insurance. In fact, if you have a family, you probably have several insurance bills -- for your health, car, home and, of course, your life. You're always glad you have insurance when you need it, but on the days you don't, it's

3 Contrarian Views About Investing 10/01/2014 12:00am • I am sometimes described as "contrary." Actually, the more commonly used terms are "opinionated," "arbitrary" and "judgmental." There may be varying degrees of truth to all of them. Today, however, rather than temper or minimize my "contrarian" views, I've decided to embrace them. Some of the state

Argentina slams US judge after contempt decision 09/30/2014 09:00pm • ALMUDENA CALATRAVA Associated Press BUENOS AIRES, Argentina (AP) -- Argentina's president on Tuesday said a U.S. judge's decision to hold the South American country in contempt for attempting illegal moves to service its debt is pure "silliness.""All of this is not casual, and it comes from a senile

Why some federal employees might not get paid Thursday 09/30/2014 11:57am • Got a happy hour planned Thursday night with a federal employee? Bring your wallet. Federal workers due to get paid on Thursday could see delays in the money being credited to their accounts. The Bureau of Fiscal Services, an arm of the U.S. Treasury, has sent an alert to banks about a payroll proce