Word: risinger
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Municipal bonds have long been a no-brainer investment. But not any more. A growing number of analysts and financial planners are raising doubts about the bonds of local and state governments. They worry that a weakened economy, along with rising cost of benefits for city workers, will make it...
Unemployment, which hit of rate of 8.5% last month, is higher than it has been in 25 years, and sales taxes are plummeting. Worse, local governments on average get nearly three-quarters of their tax revenue from real estate assessments. Falling property values and rising foreclosures mean that source of...
When Cherry A. Murray was applying to college, she says her older brother, then a physics graduate student at MIT, told her, “There’s no way you can succeed in physics, and definitely not at MIT.” So she went to MIT. And...
The estimated combined total of around 15% of the vote taken by Muslim parties is a historical low - it was over more than double that just five years ago. Rising to the fourth position was the Prosperous Justice Party, or PKS, the only Muslim-oriented party to make a strong...
China is laying out plans to dramatically reform its health care system by expanding coverage for hundreds of millions of farmers, migrant workers and city residents. To fix a system plagued by rising costs and diminishing access, the country is moving away from the market reforms introduced in the 1980s...