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SEC accuses city of Victorville, others of fraud in bond sale
Ever since the Department of Defense shut down George Air Force Base in 1992, the high desert town of Victorville has struggled to reinvent itself. The city encouraged massive residential and retail development. It invested in two new power plants....
Tags: Property, Bankruptcy, Politics, Laws, U.S. Department of Defense
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Lifestyle is keeping budget goal out of reach
Dear Liz: My husband and I are recovering from a job loss four years ago. We used up all our savings and home equity. My husband is now employed, but we are struggling to keep ahead even with a salary of about $100,000. I was a stay-at-home mom for the...Tags: Fannie Mae, Federal Housing Administration, Politics, Freddie Mac, Mortgages
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Rich get richer in recovery, but net worth of lower 93% declines
WASHINGTON -- The richest 7% of American families saw their average wealth soar 28% from 2009 to 2011, while the remaining 93% of households lost 4% of their net worth over that same period, according to a new report. The analysis of Census Bureau...Tags: Demographics, New York University, Auto Trends, Federal Reserve, Bonds
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Wealth of nearly all Americans fell after the recession
WASHINGTON — The richest 7% of American families saw their average wealth soar 28% from 2009 to 2011, while the remaining households lost 4% of their net worth over the same period, according to a new report. The analysis of Census Bureau data...
Tags: Demographics, New York University, Stock Market, Federal Reserve, Bonds
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Consumer agency urges standards for financial advisors to seniors
WASHINGTON — Older Americans can be confused by dozens of special designations for financial advisors for seniors, and government officials should set strict standards for training and conduct to prevent abuses, according to a new federal report....
Tags: U.S. Consumer Financial Protection Bureau, Consumers, Richard Cordray, U.S. Securities and Exchange Commission, Financial and Business Services
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Fee-only planners can help keep investment costs low
Dear Liz: You always mention fee-only financial planners and I'm not sure about the true meaning. My husband and I have a financial planner who charges us $2,200 per year, but we got a summary of transaction fees in the amount of $6,200 for last year....Tags: Financial Planning, Crime, Law and Justice, Finance, Economy, Business and Finance
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Agency wants more rules governing financial advisors for seniors
WASHINGTON -- Older Americans can be confused by dozens of special designations for financial advisors for seniors, and government officials should set strict standards for training and conduct to prevent abuses, according to a federal report released...
Tags: U.S. Consumer Financial Protection Bureau, Consumers, Richard Cordray, U.S. Securities and Exchange Commission, Financial and Business Services
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Rolling back the tax breaks for supersized nest eggs
President Obama's budget proposal included a number of proposals to increase tax revenue not by raising rates but by cutting back on tax breaks. The Wall Street Journal's editorial board singled out one such measure for ridicule Friday: a cap on an...
Tags: Barack Obama, The Wall Street Journal
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Thatcher critics recall labor battles, Irish strife [Talkback]
LONDON -- It perhaps goes without saying that the death of former Prime Minister Margaret Thatcher did not prompt universal mourning. She could be a polarizing figure, nowhere more than in working-class communities of northern England, Scotland and Wales,...
Tags: Mining, Politics, Wars and Interventions, Metal and Mineral, Career and Workplace
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Tips for investing in exchange-traded funds
Exchange-traded funds have taken Wall Street by storm in the last few years. But the boom in ETFs may leave some investors confused about how to make the best use of the portfolios, which come in a dizzying array of flavors. Here's a practical...
Tags: Credit Ratings, Mutual Funds, 401K, Career and Workplace, Labor Legislation
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Exchange-traded funds gain on traditional mutual funds
In the early 1990s, executives of the now-defunct American Stock Exchange hatched a revolutionary idea: a hybrid mutual fund-type investment that would trade like a stock. But in an era when hot-handed mutual fund managers had rock-star status, the...
Tags: Mutual Funds, Charles Schwab, Stock Market, Harrisburg (Dauphin, Pennsylvania), Financial Markets
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Rising interest rates pose issue for target-date mutual funds
The appeal of age-based mutual funds is that investors generally don't have to worry about them. The funds are geared toward long-term goals such as retirement or a child's college education, and automatically shift into more conservative holdings...
Tags: Credit Ratings, Mutual Funds, Career and Workplace, Bonds, Finance
Apr 30, 2013
|Story| Los Angeles Times
Apr 26, 2013
|Column| Los Angeles Times
Apr 23, 2013
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Apr 23, 2013
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Apr 19, 2013
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Apr 21, 2013
|Column| Los Angeles Times
Apr 18, 2013
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Apr 12, 2013
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Apr 8, 2013
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Apr 5, 2013
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Apr 5, 2013
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Apr 5, 2013
|Story| Los Angeles Times
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