Caesars unit files for bankruptcy

In its 2013 annual report the group said the extent of its debt problems would require the company to “ultimately seek a restructuring, amendment, or refinancing of our debt.” –…

States where taxes hit the poor hardest

“No-income-tax states like Washington, Texas and Florida do, in fact, have average-to-low taxes overall. However, they are far from ‘low-tax’ for poor families,” the report notes. In Illinois, there is…

Warning: Bond rates are going negative

Switzerland isn’t alone in going negative. The yield on short-term government bonds of Belgium, Denmark, France, Germany, Japan, and the Netherlands are all sub-zero. Even short duration U.S. bond rates…

RNC censures fellow Republican

RNC sets 2016 presidential convention date “Dave Agema’s history of harmful and offensive rhetoric has no place in our party, which is why the RNC Executive Committee acted in the…