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    May 25, 2013 |Story| Chicago Tribune

  1. Editorial: Time for the Federal Reserve to ease up on stimulus

    Federal Reserve Chairman Ben Bernanke told Congress last week that the central bank might start to cut back its main economic stimulus program later this year. The minutes of the Fed's most recent meeting showed that he's getting pushed by some of his fellow policymakers to move even more quickly. At least one Fed board member was willing to dial down the $85 billion-a-month bond-buying program as early as June.
    Federal Reserve Chairman Ben Bernanke told Congress last week that the central bank might start to cut back its main economic stimulus program later this year. The minutes of the Fed's most recent meeting showed that he's getting pushed by some of his...

    Tags: Prices, U.S. Congress, Economy, Business and Finance, Employment, Finance

    2. May 24, 2013 |Story| Los Angeles Times

  2. Wall St. bucks global slump

    NEW YORK — After bracing for a steep fall, Wall Street barely shrugged at a sharp sell-off in stock markets around the globe.
    NEW YORK — After bracing for a steep fall, Wall Street barely shrugged at a sharp sell-off in stock markets around the globe. It all started in Asia. Weak manufacturing data out of China pointed to a slowdown in the world's second-largest economy,...

    Tags: Labor Markets, U.S. Congress, Ben Bernanke, Credit Ratings, Japan

    3. May 23, 2013 |Story| Chicago Tribune

  3. Mortgage rates continue upward trend

    Tribune reporter
    Mortgage rates moved up again this week and the average interest rate for a 30-year, fixed rate mortgage is now a quarter percentage point higher than it was three weeks ago. This week's average interest rate on that mortgage product was 3.59 percent,...

    Tags: Economy, Business and Finance, Freddie Mac, Finance, Mortgages

    4. May 23, 2013 |Story| Chicago Tribune

  4. Better Chicago housing market getting sellers off the fence

    Forty percent fewer homes were available for sale in the nine-county Chicago area in April than a year ago, leading to higher sales prices. That, in turn, is prompting more homeowners to slap fresh paint on their walls and list their homes for sale.
    Forty percent fewer homes were available for sale in the nine-county Chicago area in April than a year ago, leading to higher sales prices. That, in turn, is prompting more homeowners to slap fresh paint on their walls and list their homes for sale....

    Tags: Prices, Economy, Business and Finance, Services and Shopping, Homes, Finance

    5. May 23, 2013 |Story| Los Angeles Times

  5. Fed's mixed messages roil markets

    WASHINGTON — The Federal Reserve's unprecedented stimulus efforts are starting to box in the nation's central banker.
    WASHINGTON — The Federal Reserve's unprecedented stimulus efforts are starting to box in the nation's central banker. Its bond purchases have helped fuel economic growth since the financial crisis. But Fed policymakers now must figure out how...

    Tags: U.S. Congress, Unemployment, Economy, Business and Finance, Employment, Finance

    6. May 21, 2013 |Story| Allentown Morning Call

  6. Valley home sales up in April

    Lehigh Valley home sales increased in April, as buyers continue to capitalize on low interest rates and prices that make monthly payments on a modest home comparable to renting. A total of 516 homes sold in Lehigh and Northampton counties in April, up 6....

    Tags: Prices, Rentals, Real Estate Buyers, Services and Shopping, Real Estate Sales

    7. May 21, 2013 |Story| South Bend Tribune

  7. St. Joseph County finance board approves investment policy

    <span style="font-size: small;">SOUTH BEND -- The St. Joseph County Board of Finance members met today to vote on how to invest the county's savings, which averages between $100 million and $110 million.</span>
    South Bend Tribune
    SOUTH BEND -- The St. Joseph County Board of Finance members met today to vote on how to invest the county's savings, which averages between $100 million and $110 million. County Treasurer Mike Kruk said the adopted resolution brings county policy in...

    Tags: Economy, Business and Finance, Finance, Investments, Personal Investing

    8. May 21, 2013 |Story| Chicago Tribune

  8. 2 Fed presidents at odds on bank's role in economic recovery

    It's a family feud Federal Reserve-style as Chicago Federal Reserve President Charles Evans and Dallas Federal Reserve President Richard Fisher argue in polite fashion about what the central bank has accomplished by tinkering with the economy.
    It's a family feud Federal Reserve-style as Chicago Federal Reserve President Charles Evans and Dallas Federal Reserve President Richard Fisher argue in polite fashion about what the central bank has accomplished by tinkering with the economy. Evans...

    Tags: Labor Markets, Federal Reserve Bank of Chicago, Federal Reserve, International Monetary Fund, Central Bank

    9. May 20, 2013 |Story| Los Angeles Times

  9. As stocks hit new highs, is the market overheating?

    NEW YORK -- Wall Street will be watching Ben Bernanke's testimony before Congress on Wednesday, hoping the Federal Reserve chairman will offer clues as to when the central bank may begin turning off its spigot of easy money. Investors will also be...

    Tags: Prices, U.S. Congress, Ben Bernanke, Credit Ratings, Federal Reserve

    10. May 19, 2013 |Story| Chicago Tribune

  10. World watch

    Brazil: Whether it's a cultural experience or slum tourism, many tourists now add a trip to Rio de Janeiro's infamous favelas, or shantytowns, to their itineraries. Before 2010, the low-income hilltop neighborhoods were dangerous places controlled by drug gangs. With the World Cup and 2016 Olympic Games on the horizon, the government stepped in to make the neighborhoods safer for residents and tourists. Now, law and order prevail, and foreign visitors are heading into the hills to see how one-third of the city's population lives. A popular cable car system ferries nearly 12,000 people daily over the Alemao, a complex of 13 favelas, offering sky-high views of Rio's most famous landmarks and glimpses of everyday life below.
    Brazil: Whether it's a cultural experience or slum tourism, many tourists now add a trip to Rio de Janeiro's infamous favelas, or shantytowns, to their itineraries. Before 2010, the low-income hilltop neighborhoods were dangerous places controlled by drug...

    Tags: U.S. Embassy, Rome (Italy), Rivers, 2016 Olympic Games, Crime, Law and Justice

    11. May 19, 2013 |Column| Chicago Tribune

  11. Inside Penny Pritzker's portfolio: How a billionaire invests

    By Melissa Harris and Gail MarksJarvis
    How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...

    Tags: Investments, Condos, Derivative Securities, Royal Caribbean International, Baldwin Park (Orlando, Florida)

    12. May 19, 2013 |Column| Orlando Sentinel

  12. Bonds fall as interest rates rise

    Q. I have a lot of money in certificates of deposit. Over the past few years I've put some money in various bond funds that have done well. Interest rates are low, and my CDs are about to mature. I'm thinking of putting more money into my bond funds. Is this wise? &mdash; R.A.S., Leesburg
    Q. I have a lot of money in certificates of deposit. Over the past few years I've put some money in various bond funds that have done well. Interest rates are low, and my CDs are about to mature. I'm thinking of putting more money into my bond funds. Is...

    Tags: Economy, Business and Finance, Finance, Financial Planning, Mutual Funds

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