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A collection of news and information related to Financial Markets published by this site and its partners.
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Garrard shelter needs help to avert financial crisis
smojica@amnews.comLANCASTER — People from other states have been chipping in with donations to help save Central Kentucky Regional Humane Society’s no-kill shelter in Garrard County from foreclosure. Recently, Executive Director Mark Hurte had to design a...Tags: Financial and Business Services, Finance, Economy, Business and Finance, Mortgages, Animals
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Credit terms could save East Kentucky Power Cooperative $5 million each year
The Winchester SunEast Kentucky Power Cooperative will save approximately $5 million per year after renegotiating the terms of a three-year $450 million credit facility, according to a statement released by the company. The cooperative closed on the credit facility in 2010...Tags: Microsoft Corporation, Ford Motor Co., Government, Finance, Kentucky
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Who knows how to fix the U.S. economy?
With a national debt of more than $14.8 trillion that is increasing by a trillion and a half per year, each one of the nation’s official residents of more than 300 million is on the hook for some $49,000. The debt burden for individual taxpayers...Tags: Rand Paul, Health Insurance Cost, Alan Greenspan, Career and Workplace, Health
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The debt ceiling dance
Contributing columnistThe federal government’s “debt ceiling” is self-imposed. Congress passed a law in 1917 that sets a maximum on the amount the government can borrow. In the past, Congress just raised the ceiling whenever it became inconvenient; so, it did...Tags: Barack Obama, Finance, Democratic Party, Elections, Bonds
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Inside Penny Pritzker's portfolio: How a billionaire invests
How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...Tags: PlayStation Portable, Chicago Mortgages, Blue Chip Stocks, Derivative Securities, Mortgages
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Letter: Federal government responsible for debt
In the United States of America, where does money come from? Who creates it and how do they do it? In 1913 the U.S. Congress created the Federal Reserve Banking System. The only connections between the federal government and the banking system is the...Tags: Government, Finance, Litigation and Regulation, National Government, Federal Reserve
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JPMorgan's Jamie Dimon facing push to drop chairman title
NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank. As chairman and chief executive of JPMorgan Chase & Co., Dimon burnished his reputation by steering...
Tags: California Public Employees' Retirement System, New York City, Jamie Dimon, Pension and Welfare, Corporate Officers
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Big banks get boost under new swap rules
ReutersThe top U.S. regulator adopted watered-down rules to bring swaps onto exchange-like trading platforms in the $640 billion derivatives market, giving big banks a boost. The rules constitute a compromise that critics say means supervisors have fewer tools...Tags: Citigroup Incorporated, Bank of America Corp., Finance, Lobbying, Business
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Yale joins online education platform Coursera
Online college course provider Coursera announced Wednesday that Yale University has joined the growing network of campuses that offer free classes through the organization. Mountain View, Calif.-based Coursera said that Yale will offer four courses...Tags: Global Expansion, Colleges and Universities, Yale University
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Chinese investors to fund Pa. turnpike I-95 connection
(MCT) — To help pay for the construction of the long-awaited connection between the Pennsylvania Turnpike and I-95, turnpike officials plan to borrow $200 million from wealthy foreign investors. The investors, expected to be primarily from China,...Tags: Migration, Immigration, Parties and Movements, Loans, Finance
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Will Dodd-Frank save (or stifle) capitalism?
WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man...
Tags: Barney Frank, Woodrow Wilson, Crime, Law and Justice, Litigation and Regulation, Theodore Roosevelt
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Baseball teams get dynamic with ticket pricing
Chicago baseball fans are faced with a dizzying array of ticket prices that can change from day to day based on demand. Want to go to the Cubs game against the Colorado Rockies this week? A check of the Cubs website Tuesday showed that a bleacher...
Tags: Colorado Rockies, Chicago White Sox, San Francisco Giants, Services and Shopping, Chicago Cubs
Jul 16, 2012
|Story| AM News
Aug 14, 2011
|Story| Winchester Sun
Jul 5, 2011
|Story| AM News
Jan 17, 2011
|Story| AM News
May 19, 2013
|Column| Chicago Tribune
May 18, 2013
|Story| Aberdeen News
May 17, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Chicago Tribune
May 15, 2013
|Story| Los Angeles Times
May 10, 2013
|Story| Allentown Morning Call
May 13, 2013
|Column| Orlando Sentinel
May 12, 2013
|Story| Chicago Tribune
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