"Unconstitutional" Pension Reform Ruling Places Illinois In Fiscal Straightjacket On Friday afternoon, Judge Jon Belz of the 7th Judicial Circuit Court in Sangamon county Illinois declared unconstitutional the pension reform that was signed into law in December 2013 (click here to read entire ruling). If left to stand by the Illinois Supreme Court, this decision will place the State of Illinois in a fiscal straightjacket.
Could Holiday Spending Hurt Your Financial Future? The holidays are already in full swing, which means a few things: pumpkin products galore (I’m looking at you, pumpkin perfume), candy cane–flavored everything, and the very real possibility that your carefully calculated budget is about to be challenged by seasonal spending temptations.
Making Your Money Last In Retirement (Pt. 1) Outliving your money is a huge worry for people in or thinking about retirement. How to avoid that fate is a specialty of AdviceIQ advisor Jeff Rose, the founder of Alliance Wealth Management in Carbondale, Ill.
Is The US Stock Market Unhealthy? The US stock market, as measured by the S&P 500, is up over 11% so far in 2014. Coming after a 30% gain in 2013, this year’s positive returns have caught many professional investors off guard. The US stock market is a market of skepticism. It is a bull market that is unloved and considered by many to be complacent, “unhealthy,” and manipulated higher by unwarranted liquidity provided by the Federal Reserve. These negative feelings are not without merit, but as a general matter stock indices are not quite as unhealthy as the most negative bears would have us believe.
Nutanix Beating EMC, Says It's Cutting Customer IT Costs 62% Buying from a startup seems pretty risky -- especially when there are well-established publicly-traded technology companies like EMC, NetApp, and VMWare who can sell you stuff. Why would a big company take the risk of switching to a startup's product?
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