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Bloomberg Businessweek senior national correspondent Joshua Green examines the politics behind the potential government shutdown, the efforts of former Senator Jim DeMint to push the defunding of Obamacare and the GOP’s overall political strategy. He speaks on Bloomberg Television’s “Bloomberg…
The financially struggling Postal Service is seeking a 3-cent increase in the cost of mailing a letter and that would raise the price of a first-class stamp to 49 cents in 2014. The increase would raise about $2 billion in…
WHAT ARE SOCIAL SECURITY OVERPAYMENTS? An overpayment is when you receive more money for a month than the amount you should have been paid. The amount of your overpayment is the difference between the amount you received and the amount…
California Gov. Jerry Brown says he will he’ll back legislation for a $10 minimum wage increase in the state. The current minimum rate is $8 an hour. Minimum wage workers in California would earn $10 an hour by 2016 under…
Illinois Tollway released online a list of the Tollway’s top toll violators as of August 28, 2013. No. 1 on the tollway’s list is Landa Transport Inc., a trucking company based in Frankfort. It owes the tollway $214,859.10 in unpaid…
Kodak is due in bankruptcy court as it seeks approval for its plan to emerge from Chapter 11 protection. A confirmation hearing in New York before a federal bankruptcy judge will begin days after Eastman Kodak’s creditors voted in support…
The Hindenburg Omen is said to be looming over Wall Street. Here is the latest research findings from SentimenTrader’s Jason Goepfert: Sometimes a topic in the market takes hold and it’s hard to shake it off. One of those is…
Watch this finance and money documentary on the history of banks and banking. Video:
The Dow Jones industrial average rallied to a new record high numbers on Tuesday. The Dow jumped more than 125 points, closing at a record high of 14,253.77 (see chart below). It has topped the prior record set in October…
Bill Gates, Microsoft chairman; and Warren Buffett, Berkshire Hathaway, chairman & CEO, discussed the need to implement changes in the nation’s immigration law. Also, Gates and Buffett weighed in on the debate over the “fairness” of online sales tax. VIDEO