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Market and Exchange

A collection of news and information related to Market and Exchange published by this site and its partners.

Top Market and Exchange Articles

Displaying items 241-252
  • Social Security: the Uncola

     
    The Social Security Trustees confirmed on Friday that there will be no cost-of-living adjustment in benefits next year for the second year in a row. Politicians — especially vulnerable incumbent Democrats like freshman Rep. Suzanne Kosmas of New...
  • Isn't zero inflation a good thing for seniors?

     
    The Social Security Administration announced Friday morning that, for the second consecutive year, there will be no automatic cost-of-living adjustment to Social Security benefits. Not because Social Security is hurting for cash (although tax receipts...
  • Treasury hacks interest rates on new savings bonds

     
    The U.S. Treasury has once again opted to lower the returns on savings bonds, as interest rates in general have plunged over the last six months. For only the second time in the 12-year history of inflation-adjusted savings bonds --......
  • Oil hits six-month high as Fed talks up inflation

     
    The Federal Reserve wants higher inflation. The oil market is obliging. Crude oil futures for December rose 95 cents to $83.90 a barrel on Tuesday, the highest closing price since May 3, as the dollar weakened again and traders focused......
  • D46 tax levy up 3 percent

     
    Residents of Crystal Lake School District 46 can expect at least a 3 percent increase in property taxes next year as the district prepares its …...
  • District 225 to hold hearing on new tax levy

     
    The Glenbrook High School District 225 Board of Education will hold a hearing next month on the district’s proposed tax levy, even though the increase …...
  • European markets sink as Germany warns of 'serious situation' for euro

     
    On a bad day for markets worldwide, the euro is getting trashed as investors and traders take a dim view of the European Union’s planned bailout of Ireland -- fearing that it’s just a prelude to bailouts of other financially......
  • Even school board members hate getting tax bills

     
    The same night she questioned a proposed building project at Greenbriar School, Northbrook School District 28 board member Laura Quayle spoke out about taxes in …...
  • Europe's debt troubles deepen as investors flee bonds of Spain, Italy

     
    The euro slumped further Tuesday and European stock markets slid again as fears continued to mount over the continent’s government-debt crisis. Ireland’s bailout by the European Union, in a deal formalized over the weekend, already is a distant...
  • New hot investment: Those dollars in your wallet

     
    The Federal Reserve’s program to pump hundreds of billions of dollars into the financial system via bond purchases was supposed to further weaken the dollar. But just the opposite has happened: The buck has been the strongman of global currencies......
  • How to defend (or not) a vote against cutting checks for senior citizens

     
    Republicans blocked proposals in the House and Senate on Wednesday to send $250 checks to Social Security recipients. That was the right, if not necessarily popular, thing to do. With Congress setting benefits to go up (but never down) in......
  • Dist. 28 board passes levy with most members in support

     
    The Northbrook School District 28 Board of Education has approved the district’s tax levy with support from most of its members. Board member Bruce Ahlborn …...