Top US Hedge Fund Managers Made Nearly $13B in 2015

VOA Ken Bredemeier A new U.S. survey shows even with stock market volatility on Wall Street last year, top hedge fund managers were paid huge sums to handle the investments of the country's wealthiest people. Institutional Investor's Alpha magazine said its
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WalletHub Study: 2015’s Best & Worst States for Working Dads

With Father’s Day approaching and nearly 93 percent of dads with kids younger than 18 in the labor force in 2014, the leading personal finance website WalletHub conducted an in-depth analysis on the Best & Worst States for Working Dads. In order to help dads balance their dual role as (more...)

Is Your Teen Ready for a Summer Job?

By Jason Alderman For many teens, there's nothing more exciting than receiving the first paycheck from a summer job – a sure-fire ticket to fun and freedom. It's also a great opportunity for parents to encourage proper money management. Parents or guardians need to do some necessary paperwork first. Working teens will (more...)

Lee Hamilton: The Summer of Our Discontent

By Lee H. Hamilton Despite these last few months of hot and lazy days, it’s been hard not to notice a cold political wind blowing through the country. The magazine Foreign Affairs captured it with its latest cover, a mockup of a travel poster featuring a crumbling U.S. Capitol with the (more...)

Hey “Sugar Mommas” & “Sugar Daddies: “Don’t Miss Out on This!

The qualifications required to claim federal tax exemptions can be confusing, especially for Americans who financially supported their significant other in 2012. To help taxpayers in this predicament, personal finance resource, www.GoBankingRates.com, investigates the IRS rules surrounding dependents and explains how certain unmarried couples can claim a $3,800 (more...)

$50 Million For Economic Development In Southeast PA

U.S. Rep. Allyson Schwartz joined Philadelphia Mayor Michael A. Nutter and John Grady, President of Philadelphia Industrial Development Corporation (PIDC) today to announce that PIDC will receive $50 million through the New Markets Tax Credit (NMTC) program to spur private sector investment in low and moderate (more...)

Miami: Most Miserable City In U.S.?

The magazine "Forbes" named Miami as "the most miserable city in the United States", according to a new poll. The city has one of the highest crime rates in the country (see No. 1 position in the Forbes.com list). The rankings also are based on factors including rates of (more...)

Privatization of Pa. Liquor and Wine Distribution

Privatization of Pa. Liquor and Wine Distribution

Pennsylvania State Democrats have once again halted the Republicans attempt at privatizing wine and liquor sales within the state of Pennsylvania. Republican Governor Tom Corbett believes that the privatization of wine and liquor sales in Pennsylvania will help close a projected multibillion dollar budget deficit. The Democrat opposition believes that while (more...)

Poverty Up In Northeast

The number of people living in poverty in the Lower Northeast section of Philadelphia has doubled, while the number for all of Philadelphia has decreased in recent years. The area was "formerly one of the city's most stable sections.”  Average household income here is about $50,000. In Fairhill, Philadelphia's poorest (more...)

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