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    May 9, 2013 |Story| Los Angeles Times
  1. GOP may seek to tie debt ceiling deal to tax code changes

    WASHINGTON — In a little more than a week, the U.S. will hit its debt limit — and the maneuvering has begun against a backdrop of the mid-2011 drama that led to the nation's first-ever credit downgrade.
    WASHINGTON — In a little more than a week, the U.S. will hit its debt limit — and the maneuvering has begun against a backdrop of the mid-2011 drama that led to the nation's first-ever credit downgrade. An improving economy and higher taxes,...

    Tags: Politics, Republican Party, Consumers, Financial and Business Services, Budget Control Act of 2011

  2. May 8, 2013 |Story| Los Angeles Times
  3. Boehner: Bondholders should be paid first if debt limit breached

    WASHINGTON -- House Speaker John A. Boehner said holders of U.S. government bonds should be paid first if the nation's debt limit is breached, even if that means that China would get preference over the salaries of U.S. troops.
    WASHINGTON -- House Speaker John A. Boehner said holders of U.S. government bonds should be paid first if the nation's debt limit is breached, even if that means that China would get preference over the salaries of U.S. troops. Boehner (R-Ohio) defended...

    Tags: Politics, Republican Party, Peter Cook, Fiscal Cliff, Barack Obama

  4. May 3, 2013 |Story| Los Angeles Times
  5. Jobs numbers send stocks to record highs

    NEW YORK —The economy may still be dallying on its way to a recovery, but investors are paying that no mind, sending the stock market to all-time highs after a better-than-expected April jobs report.
    NEW YORK —The economy may still be dallying on its way to a recovery, but investors are paying that no mind, sending the stock market to all-time highs after a better-than-expected April jobs report. The Dow Jones industrial average and the...

    Tags: Prudential Financial Incorporated, Economy, Business and Finance, Credit Ratings, Money and Monetary Policy, Stock Market

  6. May 1, 2013 |Story| Los Angeles Times
  7. Investors snap up $17 billion in Apple bonds

    First came the frenzy for iPhones and iPads. Now there's a scramble for iBonds.
    First came the frenzy for iPhones and iPads. Now there's a scramble for iBonds. Apple Inc. sold $17 billion in bonds Tuesday, a gargantuan deal that ranked as the largest in global corporate history. And even though the securities are paying...

    Tags: Career and Workplace, Money and Monetary Policy, Labor Markets, Employment, Apple iPad

  8. Apr 30, 2013 |Story| Los Angeles Times
  9. Stocks power through April

    NEW YORK — The market wasn't supposed to go this far, this fast.
    NEW YORK — The market wasn't supposed to go this far, this fast. Just a few months ago, Wall Street analysts predicted this year's stock rally would level off given the strong run-up seen in the first three months of the year. They held out hope...

    Tags: Earnings, Career and Workplace, Money and Monetary Policy, Stock Activities, Layoffs and Downsizing

  10. Apr 30, 2013 |Story| Los Angeles Times
  11. 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.
    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: General Electric Company, Career and Workplace, U.S. Department of Defense, U.S. Securities and Exchange Commission, Personal Finance

  12. Apr 29, 2013 |Story| Los Angeles Times
  13. SEC accuses city of Victorville, officials of fraud

    Federal securities regulators have accused the city of Victorville, an official, the airport authority and municipal bond underwriters of fraud stemming from a 2008 offering.
    Federal securities regulators have accused the city of Victorville, an official, the airport authority and municipal bond underwriters of fraud stemming from a 2008 offering. The Securities and Exchange Commission on Monday accused the parties of...

    Tags: Viral Diseases and Infections, U.S. Securities and Exchange Commission, Justice System, Laws, Crime, Law and Justice

  14. Apr 23, 2013 |Story| Los Angeles Times
  15. 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: Auto Trends, Economy, Business and Finance, Personal Finance, Finance, Population and Census

  16. Apr 23, 2013 |Story| Los Angeles Times
  17. 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.
    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: Economy, Business and Finance, Personal Finance, Stock Market, Finance, Population and Census

  18. Apr 11, 2013 |Story| Los Angeles Times
  19. Blame all around in Stockton

    After a federal judge ruled last week that the city of Stockton can reduce its debt through bankruptcy, observers began to frame the battle as one of municipal bondholders against public employees. But it's hard to shed tears for either of them.
    After a federal judge ruled last week that the city of Stockton can reduce its debt through bankruptcy, observers began to frame the battle as one of municipal bondholders against public employees. But it's hard to shed tears for either of them....

    Tags: California Public Employees' Retirement System, Bankruptcy, Politics, Pension and Welfare, Justice System

  20. Apr 5, 2013 |Story| Los Angeles Times
  21. Tips for investing in exchange-traded funds

    Exchange-traded funds have taken Wall Street by storm in the last few years.
    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: Career and Workplace, Economy, Business and Finance, Credit Ratings, Retirement, Personal Finance

  22. Apr 5, 2013 |Story| Los Angeles Times
  23. 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 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: Career and Workplace, Economy, Business and Finance, Credit Ratings, Money and Monetary Policy, Retirement

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