Financial

(Milwaukee, WI) -- Harley-Davidson is having a good year so far, though the company feels the solid results won't last. The motorcycle maker reported second quarter profits of just over 354-million dollars Tuesday, up over 80-million dollars from the year before. The per-share...
(Washington, DC) -- In a big blow to the Obama administration, a federal court is striking down some subsidies in the healthcare reform law. A 2-1 ruling from the DC Court of Appeals rejected insurance subsidies for coverage on federally-run health insurance exchanges. The...
(Undated) -- The latest Consumer Price Index numbers tell a very encouraging story. This morning's report shows core inflation was up only one-tenth of a percent last month. That's half of what economists had forecast and half of May's number. "Core inflation" leaves out food...
(Oak Brook, IL) -- The Golden Arches aren't shining so brightly on Wall Street today. McDonald's announced second quarter results that increased over the same quarter last year but badly missed expected levels. Earnings per share increased two cents to a dollar-40, but analysts...
(Undated) -- A Senate report due today accuses two European banks of helping U.S. hedge funds dodge more than six-billion dollars in taxes. The report from the Senate Permanent Subcommittee on Investigations says Barclays and Deutsche Bank worked trades with sophisticated...
(Undated) -- Today is the day billionaire hedge fund manager Bill Ackman promises to wipe out Herbalife. Ackman has spent 50-million dollars of investors' money to prove that the supplements company is a pyramid scheme. Ackman will release the results of an undercover...
(Detroit, MI) -- A different ignition switch problem for General Motors is forcing the automaker to tell dealers to stop selling some used Cadillac models. The 2003 to 2013 CTS sedans and the 2004 to 2006 SRX crossover vehicles do not have a repair in place stemming from a June...
(Los Angeles, CA) -- Lawyers for Donald and Shelly Sterling will be back in court today, after talks between Donald Sterling and prospective Los Angeles Clippers buyer Steve Ballmer failed on Monday. Shelly Sterling is expected to testify today in the second week of a probate...
(Detroit, MI) -- City workers and retirees in Detroit are in favor of the city's debt adjustment plan. However, bankruptcy expert Doug Bernstein says the plan might not be best for the city's future. Voting results released by the city Monday night show the plan, which includes...