| Jun 27, 2014
| 2:24 AM
LONDON (Reuters) - BlackRock, the world's biggest asset manager, said its UK arm had been awarded a license to invest directly in China's mainland capital markets, giving investors access to its stock and bond markets.
In a statement on Friday, the...
| Jun 26, 2014
| 5:05 PM
WASHINGTON President Barack Obama on Thursday asked Congress for the first lethal aid to arm moderate Syrian rebels in a move aimed against both Syrian President Bashar Assad and radical Islamists who have increasingly dominated the opposition movement....
| Jun 24, 2014
| 3:20 PM
Russian President Vladimir Putin has officially agreed to leave Ukraine alone. That doesn't mean, though, that he will leave it alone unofficially.
Putin Tuesday asked the Russian parliament to cancel his mandate to send troops into Ukraine, which he...
| Jun 25, 2014
If you are agonizing over where to invest your money, you aren't alone.
The pros are there with you — nervous about stocks and bonds as clear opportunities become fuzzy in both. As the best and brightest fund managers talked at Morningstar's...
| May 9, 2014
| 12:34 PM
Burr Ridge trustees recently signed off on a $17.4 million spending plan for 2014-15 that is slightly higher than the prior year's budget of $17.3 million, according to documents.
Trustees also have directed staff to make several changes in an effort to...
| May 15, 2014
| 7:47 AM
Mortgage rates edged down a hair this week, hovering at the lowest level in six months, with Freddie Mac reporting that lenders were offering 30-year fixed home loans at an average of 4.2% compared to 4.21% a week earlier.
The average rate for a 15-year...
| May 8, 2014
| 8:28 AM
After a recent past that can only be described as rocky, the Broward School Board wants voters to approve an $800 million bond referendum this November.
I'm going to withhold final judgment for now, but let me clue in superintendent Robert Runcie and...
| May 28, 2014
Love it or leave it ... or play the wallflower.
The wallflower role has been the preferred stance in the stock market this year. Investors have been willing to hang around after the thrill of 30 percent gains last year and modest growth in corporate...
| May 28, 2014
| 2:30 AM
Kiplinger's Personal Finance
Wise investing requires selling your stocks at regular intervals to respond to changes in your life and your portfolio. Once you've sold your stocks, you'll need to reinvest the proceeds. We suggest some ideas below that will...
| May 14, 2014
| 6:20 PM
Stock prices are near all-time highs, but the real place to be this year is the bond market.
To the surprise of many on Wall Street, the long-underestimated fixed-income market is quietly outperforming its equity counterpart.
Many investors expected...
| May 13, 2014
| 4:23 PM
Former Treasury Secretary Timothy Geithner's memoir, "Stress Test," is being picked apart fairly intensively by the Washington and Wall Street press gangs, who are busily retailing the book's snarks and slights.
We're more interested in a nugget in...
| Jun 8, 2014
| 5:14 PM
When California voters approved $9 billion in funding for a bullet train in 2008, the ballot measure included the strictest engineering and spending controls ever placed on a major state project.
Voters were told that the high-speed trains would hit 220...