National personal finance outlook
Small company stock are a bright spot
Small-company stocks were a bright spot in a subdued start to the week for Wall Street. The Russell 2000, an index of small-company stocks, climbed above 1,000 points for the first time and ended higher Monday, even as the Dow Jones industrial average, the Standard & Poor's 500 index and ...
Did you just win $590M? Get a good team in place
So you have a lottery ticket worth $590.5 million. Now what? If you won Saturday's historic Powerball jackpot and you haven't already done so, sign the ticket. Now. Finished? Now call a lawyer — even before your spouse if things are a little shaky on that front. Next you'll need ...
Did you just win $590m? Get a good team in place
For the winner of the historic $590 million Powerball jackpot, it will be crucial to assemble a good team of advisers. That's according to more than 20 financial planners contacted by The Associated Press. They say the person will need to hire a good lawyer, followed by a financial adviser, ...
State workers anxious as lawmakers debate pensions
An Illinois agency manager might have to delay retirement. A former university secretary wonders if she'll have to cancel vacations. A state office assistant fears he won't be able to afford the medical care his wife needs. Anxiety and anger are growing among state employees and retirees who wonder what ...
Mutual funds continue to attract cash in April
Mutual funds continued to attract cash in April, although the pace slowed from the record amount that flowed in during the first three months of the year. Investors also became more cautious, as bond funds attracted slightly more money than stock funds. A net $39 billion was deposited into stock ...
Notes from the Legislature's regular session
Both the House and Senate unanimously agreed Monday to delay by one year the start of Gov. Bobby Jindal's plan to shift future rank-and-file state workers to a 401(k)-style retirement plan. A suspension of the law until July 1, 2014, would give lawmakers time to have some outstanding issues resolved. ...
Chase to invest $1.5M for Detroit Schools programs
JPMorgan Chase said Monday that it is giving $1 million to a Detroit nonprofit group to provide educational and other services to low-income families of students at three southwest side public schools, in an effort to improve the quality of life in those neighborhoods. In addition to its grant to ...
Okla. study recommends consumer-driven health plan
As lawmakers in the state of Washington consider moving some part-time government workers out of a state-sponsored health plan and into an insurance exchange developed under the nation's new health care overhaul law, officials in Oklahoma say there are no plans for a similar move here. Officials have instead recommended ...
AP Source: Fiat mulls IPO after buying Chrysler
Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter. The plan to sell shares of a combined company is among several options being evaluated by Sergio Marchionne, who serves as ...
Recession doesn't change students' econ savvy
The Wall Street meltdown of 2008 and the ensuing recession did little to help make high school seniors financially savvy and less than half of them have a solid understanding of economics, according to an Education Department report released Tuesday. In real terms, that might mean that students might have ...
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