Personal Economics
  • Bankrupt Detroit's downtown renaissance creates trickle of hope

    Bankrupt Detroit's downtown renaissance creates trickle of hope

    By Nick Carey and Paul Lienert, Reuters

    DETROIT (Reuters) - Detroit's bankruptcy filing last Thursday - the largest in American municipal history - completed a six-decade slide for a one-time industrial powerhouse. Today the city bears an...

  • Doctors Brace for Medicare Pay Incentives by 2015

    By Jordan Rau, Kaiser Health News

    Medicare is accelerating plans to peg a portion of doctors’ pay to the quality of their care. The changes would affect nearly 500,000 physicians working in groups. The federal health law requires...

  • Why Your Senator's Retirement Will Be Sweeter Than Yours

    By Barbara Whelehan, Bankrate

    With the exception of senior executives and other wealthy tycoons, most Americans don't enjoy the retirement benefits afforded to members of Congress. Here's a breakdown of what lawmakers' retirement...

  • Detroit bankruptcy case heads to Wednesday hearing on challenges

    Detroit bankruptcy case heads to Wednesday hearing on challenges

    By Bernie Woodall, Reuters

    DETROIT (Reuters) - Labor unions trying to stop Detroit from cutting pensions filed a new challenge to the city in bankruptcy court as the federal judge overseeing the case said he would hear...

  • Legal wrangling shadows Detroit bankruptcy filing

    Legal wrangling shadows Detroit bankruptcy filing

    By Bernie Woodall, Reuters

    LANSING, Michigan (Reuters) - The tug of war over whether Detroit legally could file for municipal bankruptcy continues this week as the city seeks an initial hearing in U.S. federal court to put on...