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Do you know the fundamentals?

According to the latest Moneytrack/IPT Investing Secrets Survey, just one-percent of American investors grasp financial basics, and only about a third know more than half. To avoid falling victim to...

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Financial Plan: Flint Union Contracts Under Review

FLINT (AP) - Flint’s city employee union contracts are under review for possible renegotiation, according to a new financial plan from a state-appointed emergency financial manager. The plan includes...

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Flint Emergency Manager Says 3 Unions OK Deals

FLINT (WWJ/AP) - Flint’s state-appointed emergency financial manager says two police unions and a firefighters union have voted to approve labor agreements with the city following talks about potential...

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Detroit EM Releases Financial Plan; City Exceeding Budget By $100M Annually

DETROIT (WWJ/AP) - Detroit is broke. That’s the gist of a new report from the city’s emergency manager, Kevyn Orr, who is officially presenting his financial plans for the city on Monday. Talking...

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Detroit’s Debt Restructuring Plan ‘Complicated’

By Corey Williams, Associated Press DETROIT (AP) - A proposed plan to restructure Detroit’s debt calls for retirees and pensioners to receive $4.3 billion in payments and bondholders about $1.1 billion...

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