Highlights
A collection of news and information related to Retirement published by Tribune Company sources.
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When stocks plummet and your house value slides, what happens to the money you used to have?
Associated Press WriterNEW YORK (AP) _ Trillions in stock market value — gone. Trillions in retirement savings — gone. A huge chunk of the money you paid for your house, the money you're saving for college, the money your boss needs to make payroll — gone,...Tags: Mutual Funds, Consumer Electronics Industry, Stock Market, Colleges and Universities, 401K
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Where has all the money gone?
Trillions in stock market value -- gone. Trillions in retirement savings -- gone. A huge chunk of the money you paid for your house, the money you're saving for college, the money your boss needs to make payroll -- gone, gone, gone. Whether you're a...Tags: Mutual Funds, Consumer Electronics Industry, Stock Market, Colleges and Universities, 401K
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1,000-point swing caps volatile week
The Dow Jones industrial average capped its worst week ever yesterday in volatile trading that saw stocks fluctuate in a 1,000-point range for the first time. Bargain hunters snatched up stocks ravaged in recent days and staged a final-hour rally that...Tags: Stock Market, Heads of State, Principal Financial Group Incorporated, Insurance, Employees
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Obama proposes tax breaks, loans for small business; McCain wants to halt retiree stock sales
AP Special CorrespondentWASHINGTON (AP) _ John McCain and Barack Obama outlined steps to counter the faltering economy and plummeting stock market on Friday, fresh evidence of the dominant role of pocketbook issues in their race for the White House. McCain, lagging in the...Tags: Homes, Labor Legislation, Financially Distressed Companies, Barack Obama, Government
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McCain calms supporters, urges respect for Obama
Los Angeles Times Staff WritersJohn McCain cautioned his own supporters Friday that they needed to be "respectful" toward Barack Obama, an attempt to tamp down the increasingly nasty outbursts at his rallies as the Republican ticket slips in the polls. McCain and running mate Sarah...Tags: Terrorism, Business, Columbus, Barack Obama, Government
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Obama and McCain push economic plans as stocks plunge
Barack Obama proposed a $5-billion program to help small businesses, and John McCain called for suspending some rules on retirement account withdrawals as the faltering economy remained center stage for both campaigns Friday. Obama said business owners...Tags: Columbus, Barack Obama, Federal Reserve, Government, Great Depression
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Some LIRR retirees could lose disability pensions
alfonso.castillo@newsday.comSome Long Island Rail Road retirees who took advantage of a federal disability pension that gave benefits to nearly anyone who applied could have those benefits taken away if changes being considered by the U.S. Railroad Retirement Board are enacted,...Tags: Helena Williams, Wine, Beer, and Spirits, Railway Transportation, Employees, Jamaica Estates
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Landmark state pension reform bill signed into law
sandra.peddie@newsday.comA landmark pension reform bill that closes the loopholes allowing some public employees to collect six-figure salaries on top of six-figure pensions was signed into law Friday by Gov. David A. Paterson. Citing pension abuses that have been uncovered in a...Tags: Labor Legislation, Thomas P. DiNapoli, Interior Policy, Regional Authority, Employees
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Panther Valley teachers reject latest contract plan
Special to The Morning CallPanther Valley School District teachers have overwhelmingly rejected a fact-finder's recommendation for a three-year contract, saying that the raises were not enough and they did not want to lose health benefits for retirees' spouses. The move means... -
Seniors say need for change drives them, but McCain or Obama could deliver it
Associated Press WriterTHE VILLAGES, Fla. (AP) _ The town squares here reliably fill at the same time every day as retirees pile in for singing and dancing. Restaurants offer the same early-bird specials on the same days each week, and patrons wake up to swallow the same...Tags: Political Candidates, Rudy Giuliani, Mitt Romney, National Government, Jeremiah Wright
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McCain proposes suspending mandatory stock sales
Associated Press WriterJohn McCain proposed Friday that the elderly be allowed to hang on to the stocks in their retirement funds and not be forced to sell them in a bad market. The Republican presidential candidate would suspend requirements that people start selling off...Tags: Sales, Barack Obama, John McCain
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Sticking to banking basics yields golden opportunity for Wells Fargo to expand
AP Business WriterSAN FRANCISCO (AP) _ With its iconic stagecoach, Wells Fargo & Co. has evoked images of the wild West throughout its 156-year history. Now it's finally expanding east of the Mississippi with a $12.2 billion acquisition of Wachovia Corp., a golden...Tags: Charlotte, Citigroup Incorporated, J.P. Morgan Chase & Co., Merrill Lynch & Company Inc., Wells Fargo & Co.
Oct 11, 2008
|Story| Associated Press
Oct 11, 2008
|Story| Associated Press
Oct 11, 2008
|Story| Baltimore Sun
Oct 10, 2008
|Story| Associated Press
Oct 11, 2008
|Story| Los Angeles Times
Oct 11, 2008
|Story| Newsday
Oct 11, 2008
|Story| Newsday
Oct 11, 2008
|Story| Newsday
Oct 11, 2008
|Story| Allentown Morning Call
Oct 10, 2008
|Story| Associated Press
Oct 10, 2008
|Story| Associated Press
Oct 10, 2008
|Story| Associated Press
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