It seems there is a disconnect from what is being covered by financial news and what the public is really concerned about. You can’t turn on the financial news networks without hearing questions such as the following: “Will the US raise its debt ceiling?” “Will the tax cuts for the rich be extended?” “Will the […]

DETROIT — Gov. Rick Snyder announced that former General Motors Corporation executive Roy Roberts would become the new emergency financial manager for Detroit Public Schools, replacing Robert Bobb. ClickOnDetroit.com reports: Roberts will have broader powers granted through a recent state law, including the ability to toss out union contracts as part of cost-cutting efforts. His […]