Detroit Mayor Bing Vows to Fix Finances in State of the City

Latest from Finance

• Homeowner Bill of Rights to Become Law in Minnesota
• Minnesota homeowners facing foreclosure will soon get added protections under a bill Gov. Mark Dayton is expected to sign into law.

• Miami Commission Considers Different Pension Rules for Executives
• Miami city commissioners, who in recent years have cut severance pay and pensions to balance budgets, could vote Tuesday to allow four of the city's highest earners to return from retirement and collect their pension on top of their hefty salary.

• Oklahoma Tornado Damage Could Reach $2 Billion
• Up to 13,000 homes were damaged or destroyed by Monday's tornado that may have caused up $2 billion in damages, nearly double earlier estimates.

• Arkansas Treasurer Resigns
• State Treasurer Martha Shoffner resigned a day after appearing in federal court to face an extortion charge.

• Colorado's New School Finance Law Depends on Tax Vote
• Colorado Gov. John Hickenlooper signed into law a new school finance bill that would change the way the state doles out money for education — but only if taxpayers pass an estimated $1 billion tax increase.

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