finances
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.
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.
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.
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.
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.
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.
Tips For A Home Wedding In Detroit
Don’t let cost and poor planning ruin your big day.
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”.
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.
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.



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