BOSTON -- A firm that set off fears about money-market funds by allowing its biggest fund to drop below a safety benchmark closed nearly two-dozen funds to share purchases Thursday night.
The fortunes of Sound Transit's Proposition 1, a multibillion-dollar plan to stretch light rail into the Seattle suburbs, may ride on a politician who doesn't live here: Barack Obama. Supporters are counting on a wave of young, energized Democratic voters in the liberal Puget Sound area to put the measure over the top, in a high-turnout presidential year.
Lehman Bros.' bankruptcy filing caused the Reserve Primary Fund to "break the buck" this week, exposing investors to losses because the fund did not have assets of at least $1 for every dollar invested. USA TODAY reporter David Lieberman explains what happened and its significance.
DES MOINES, Iowa Industrial engineer Peter Miter of Doylestown, Pa., is like millions of American investors who had retirement money invested in the stock market. But Miter sought the refuge of money-market funds recently when stocks became too volatile. "Hearing that the banks and AIG, solid institutions, are going under, I'm wondering where can I put my money where it's secure," said Miter, a
The supervisor is Mark Carlson, followed at 7 a.m. by Eduardo Montes. We can be reached at (602) 258-8934 or toll-free at (800) 352-4093. AP stories, along with the photos that
Here are some newspaper stories published this week in years past: 25 years ago 'Local funds release means no budget cuts for Butte' OROVILLE †Butte County was going to have to .
A number (so to speak) of you responded to last week's column about asking medical offices to use something other than your Social Security number for record-keeping.
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