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finances

Kevyn Orr (handout photo)

Public Hearing Brings Overflow Crowd To Address City’s Financial Woes

“It would take 68 years to pay off the debt assuming you incur no further debt – that’s not feasible,” said Orr during the evening meeting.

WWJ Newsradio 950–2013/06/10

Ray Lewis #52 of the Baltimore Ravens celebrates after defeating the San Francisco 49ers during Super Bowl XLVII at the Mercedes-Benz Superdome on February 3, 2013 in New Orleans, Louisiana. (Photo by Chris Graythen/Getty Images)

Super Bowl, Strong Auto, More Jobs Propel DOW Into Big Gains

The DOW Jones Industrial Index started Monday above 14,000 — which marks the first time it’s passed that threshold since before the 2008 financial crisis.

CBS Detroit–2013/02/04

istockphoto

Cash Pouring In For Mich. Congressional Incumbents

Federal data shows Michigan’s congressional incumbents are dominating their challengers in raising campaign cash, a nonpartisan group said this week.

WWJ Newsradio 950–2012/07/21

iStockphoto

Mich. Expects About $300M More In Budget Revenue

Michigan’s budget will have about $300 million more this year than predicted in January, a combination of higher-than-expected tax payments and fewer people receiving Medicaid and welfare benefits, according to state economists.

WWJ Newsradio 950–2012/05/17

iStockphoto

House, Senate Fiscal Agencies See Revenue Changes

Michigan’s House and Senate fiscal agencies have come out with their revenue estimates for the 2012-2013 fiscal year – and the news isn’t all good.

WWJ Newsradio 950–2012/05/16

iStockphoto

U-M: Many Families Are Underwater With Debts

According to a new University of Michigan report, about one out of every five U.S. households owe more on credit cards, medical bills, student loans and other noncollateralized debts than they have in savings and other liquid assets.

WWJ Newsradio 950–2012/05/12

(credit: Thinkstock)

Tips For A Home Wedding In Detroit

Don’t let cost and poor planning ruin your big day.

2012/02/29

istockphoto

Aging & Finances: Does Mom Or Dad Need Help?

People plan for retirement but they don’t plan for growing old. From AgingParents.com, click for “Ten Warning Signs Your Parent Needs Help Handling Money”.

2012/01/06

iStockphoto

OFIR’s Top Ten Investor Traps

The Office of Financial and Insurance Regulation released its annual list of traps that cautious investors should avoid when seeking to jump-start their investment portfolios.

WWJ Newsradio 950–2011/12/25

Roy Roberts - Detroit Public Schools - Emergency Financial Manager. (File Photo)

Detroit Public Schools Reports Progress On Fixing Finances

It’s some news of improvement for the Detroit Public Schools as the district has managed to reduce its financial deficit.

WWJ Newsradio 950–2011/11/21

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