Stories tagged: money
Fri., May 19, 2017, 3:50 p.m.
Millennials are buying homes and don’t want handouts, thank you very much
In defense of millennials, a new Bankrate survey shows the generation has the will, and National Board of Realtors data show they have the wallet (or at least the mortgages).
Wed., May 17, 2017, 8:26 a.m.
U.S. households owe record amount, topping pre-recession peak
U.S. household debt reached a record high in the first three months of this year, topping the previous peak reached in 2008.
UPDATED: Wed., April 19, 2017, 10:32 a.m.
Deaths of despair: Millennials turn to drugs, suicide in unforgiving job market
Ryan Johnson was 22 when he succumbed to a heroin addiction that had intensified as the Erie, Pennsylvania, high school graduate grew disillusioned with his future. His mother found him …
Fri., March 24, 2017, 4:02 p.m.
Trump’s budget plan not what public wants, poll indicates
President Donald Trump wants to boost the military’s budget by billions of dollars. But given the chance, the public – even his fellow Republicans – would do just the opposite, …
Fri., March 3, 2017, 8:14 a.m.
The Euro is drifting apart
Twenty-five years ago, when plans for the euro were formally set down, an unofficial promise was made: Bring this currency to life, and the economies that use it will grow …
Tue., Feb. 28, 2017, 8:49 a.m.
U.S. banks’ profits up 7.7 percent in Q4; lending grows
U.S. banks’ earnings in the final quarter of 2016 rose 7.7 percent from a year earlier, as lending continued to grow and banks set aside less for losses on loans …
Wed., Feb. 22, 2017, 5:03 a.m.
Russia’s pension money for veterans could be linked to election hacking investigation
Hundreds of thousands of dollars flow every month from Russia to its former soldiers living in the United States, usually unseen and unchecked. But now U.S. investigators are examining whether …
UPDATED: Wed., Feb. 15, 2017, 10:50 p.m.
World Relief to lay off 140 staff, close five locations, citing Trump refugee order
One of the nine organizations that works with the United Nation’s refugee program announced Wednesday it will lay off about 140 staff and close five offices that have resettled more …
Thu., Feb. 9, 2017, 10:52 a.m.
Bill would lower supermajority requirement for Idaho bonds
The threshold for approving municipality and school bonds would be lowered slightly under a new proposal recently introduced in the Idaho Statehouse.
Sun., Jan. 8, 2017, 5:30 a.m.
Drugmaker brings innovative drugs to market
Danish drug giant Novo Nordisk (NYSE: NVO), a kingpin in the diabetes space, disappointed Wall Street and investors following the release of its third-quarter results in late October. The company …
Fri., Jan. 6, 2017, 6:52 a.m.
Possibly unique glass penny from World War II sells for $70k
A possibly unique experimental glass penny made during World War II sold at auction for $70,500.
Tue., Jan. 3, 2017, 1:22 p.m.
Rare experimental WWII penny made of glass headed to auction
An experimental penny made of glass during World War II is about to be auctioned.
Sun., Jan. 1, 2017, midnight
Six money resolutions you can actually keep
Let’s face the grim truth: Those 10 pounds you want to lose will likely be among your New Year’s resolutions next year, too. If you really want a sense of …
Wed., Dec. 21, 2016, 1:43 p.m.
Not today: Dow still short of 20,000 as health stocks skid
Stocks finished slightly lower Wednesday as health care companies continued to struggle. Energy companies rose as the price of natural gas surged on the first day of winter.
Fri., Dec. 16, 2016, 11:10 a.m.
Venezuelans scramble as most-used banknote becomes void
Venezuela became a country without cash Friday. As the country’s most widely used banknote went out of circulation, the higher-denomination bills that were supposed to replace the 100-bolivar note had …
Mon., Dec. 12, 2016, 9:50 a.m.
With Fed expected to hike rates, attention turns to what it says
There isn’t much doubt about what the Federal Reserve will do when its latest policy meeting ends Wednesday: It’s all but certain to raise its benchmark interest rate – its …
Fri., Dec. 9, 2016, 5:36 a.m.
American Dream? Odds plunge that children will earn more than their parents
Rising income inequality has eroded the ability for American children to grow up to earn more than their parents, according to groundbreaking new research from a superstar team of economists …
Fri., Dec. 9, 2016, 4:40 a.m.
U.S. home price gains lift household wealth to $90.2 trillion
A healthy increase in home values and higher stock prices drove up U.S. household wealth in the July-September quarter, though the gains are largely concentrated among wealthier Americans.
Thu., Dec. 8, 2016, 1:59 p.m.
Idaho projected to see $139M surplus
Idaho could be on track to finish the fiscal year with $139 million in surplus tax revenue if a new forecast released Thursday holds true.
Thu., Dec. 8, 2016, 1:58 p.m.
Bullish investors push stocks to all-time highs
After a quiet start, major U.S. stock indexes again set all-time highs Thursday afternoon as the market built on a surge the previous day. Banks continued to lead the way …
Thu., Dec. 1, 2016, 1:56 p.m.
Oil and banks take Dow to new highs, but tech companies dive
Technology companies plunged Thursday, and high-dividend stocks also took hefty losses as bond yields rose to their highest level in more than a year. But more big gains for blue-chip …
Thu., Dec. 1, 2016, 5:04 a.m.
Trump’s latest Cabinet nominees all major donors to his campaign
The three latest nominees tapped by President-elect Donald Trump were major financial backers of his White House campaign.
Wed., Nov. 30, 2016, 7:55 a.m.
Treasury nominee Mnuchin was Trump’s top fundraiser
Steven Mnuchin, President-elect Donald Trump’s expected choice to be the nation’s 77th treasury secretary, has had a long history as a successful financial executive and a shorter but significant period …
Tue., Nov. 29, 2016, 2:13 p.m.
Giving the gift of financial well-being at the holidays
Instead of the latest toy or gadget, some people are trying to give their loved ones more financial security this holiday season.
Mon., Nov. 28, 2016, 2:29 p.m.
Stocks pull back from records; banks, retailers fall
Stocks pulled back slightly on Monday, retreating from the records the market set last week.
Tue., Nov. 22, 2016, 11:53 a.m.
Wells Fargo must now get permission before handing executives ‘golden parachutes’
Federal regulators are moving to make it more difficult for Wells Fargo to make executive changes or give departing executives departure packages known as “golden parachutes,” the latest signal that …
Fri., Nov. 18, 2016, 7:31 a.m.
DuPont to end pension contribution for active employees
DuPont says it will soon stop contributing to active employees’ pension plans, a move that will affect the retirement of 13,000 U.S. workers, including 2,800 in Delaware.
Thu., Nov. 17, 2016, 1:59 p.m.
Wells Fargo new accounts tumble 44% in wake of sales scandal
Wells Fargo & Co. said retail customers opened 44 percent fewer new accounts in October from a year earlier in the wake of the bank’s record-setting settlement with regulators over …
Thu., Nov. 17, 2016, 1:50 p.m.
Bank stocks surge again, leading broader market higher
U.S. stocks rose Thursday as banks resumed their steep upward climb and retailers moved higher. Federal Reserve Chair Janet Yellen emphasized that the Fed plans to raise interest rates, which …
Wed., Nov. 16, 2016, 2:56 p.m.
Fed rate-hike odds approach 100 percent in Anticipation of Trump
Analysts spent early November warning a Trump victory in the U.S. presidential election would make the Federal Reserve less likely to raise interest rates. What happened instead is that it …