Illinois to delay pension payments over cash shortage

by -NO AUTHOR- -- (Bloomberg) Illinois will delay payments to its pension fund as a prolonged budget impasse causes a cash shortage, Comptroller Leslie Geissler Munger said. The spending standoff between Republican more…

Trump warns of stock market bubble burst

by Cheryl Chumley -- [caption id="attachment_2445105" align="aligncenter" width="596"] Donald Trump[/caption] Donald Trump, billionaire businessman and presidential poll frontrunner for the Republican Party, said America needs to be alert – the stock market more…

Tennessee county closes schools, blames Obamacare

by -NO AUTHOR- -- (Associated Press) Classes in a small, financially struggling school district in northern Tennessee have been canceled until officials can find a way to generate more revenue. Clay County more…

Walmart heirs see $11 billion vanish in 1 day

by -NO AUTHOR- -- (Bloomberg) Watch out for falling fortunes. The four members of the Walton family controlling more than half the shares of Wal-Mart Stores Inc. had $11 billion of their more…

Holy flip-flops! Now shoes are blasphemous

by Jay Baggett -- Islam needs the equivalent of an Emily Post; otherwise, someone unfamiliar with all the ways a nonbeliever might give offense could lose his or her head over the more…

Dow down 157 as Wal-Mart, Boeing weigh

by -NO AUTHOR- -- (CNBC) — U.S. stocks closed lower Wednesday as investors digested earnings reports and weighed weaker-than-expected data. "The market came into the week pretty overbought and with these earnings more…

China now has bigger middle class than U.S.

by -NO AUTHOR- -- (CNNMONEY) The Chinese Dream is coming true for millions. China's middle class is now the biggest in the world, and growing much faster than America's, according to research more…