Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.» Read More
Gina Raimondo, Rhode Island General Treasurer, explains how she convinced state lawmakers to pass the boldest pension reform laws in the past ten years.
When it’s not a seller’s market, it could be a bright side for buyers. So where are the markets with the most bargains for home buyers on a budget?
State governments wait hopefully to collect the taxes on the Mega Millions jackpot, which would give a boost to struggling states.
Not all states are created equal. Read ahead to see which states have the best credit scores in the country.
Some celebrities, including Lauryn Hill, fell out of good standing with the IRS, and paid dearly for it. Read ahead to see some of the celebrities who just didn’t get that return in on time.
The governor of Rhode Island said he is looking to revise or eliminate onerous and unnecessary permit delays and regulations that increase the cost of doing business in the state.
While politics on the national scene are a continual show of gridlock, politics, and fingerpointing as the economy struggles, the state of Rhode Island managed to cut its pension liabilities and save taxpayers $4 billion. How did it do it? By putting aside politics and focusing on the math, state General Treasurer Gina Raimondo told CNBC Wednesday.
Rhode Island is trying to boost its finances and fend off downgrades as it passes a broad reform of its pension system, with Gina Raimondo, Rhode Island general treasurer. The way to solve fiscal problems is to leave politics aside, she says.
From emergency preparation to landfall, see how the Northeast is impacted by Hurricane Irene.
How would a U.S. downgrade impact individual states? Insight on the financial fallout, with CNBC's Scott Cohn, and John Miller, Nuveen Asset Management.