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Investment

Legislature may amend Constitution to invest rainy day fund in stocks

CASPER, Wyo. — Lawmakers may consider amending the Wyoming Constitution next year to allow the state to invest the rainy day fund in the stock market.

November 17, 2014 7:20 pmLoading…
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October 19, 2014 2:15 pm
Your Money: When it comes to investing, it's best not to trust your future to luck

Your Money: When it comes to investing, it's best not to trust your future to luck

Several years ago, my wife and I played "Heads or Tails" at the Chase Hawks Memorial Banquet in Billings. Four hundred people in attendance joined in the game, each standing with one hand placed on either their head (for heads) or bottom (for tails). The emcee flipped the coin and declared “…

August 01, 2014 12:00 amLoading…
Hail-hit homeowners struggle with mortgage companies over insurance money

Hail-hit homeowners struggle with mortgage companies over insurance money

The Linde’s insurance agent warned there could be hoops to jump through before the couple’s claims check could be tapped for hail damage repairs.

July 21, 2014 12:30 amLoading…
Lots of toy houses

Lots of toy houses

July 19, 2014 12:00 amLoading…
State insurance commissioner sends staff to Billings for hail claim help

State insurance commissioner sends staff to Billings for hail claim help

Anticipating home insurance problems after last May’s hail storm in Billings, Montana’s state insurance commissioner is dispatching claims experts to the city this week to meet with homeowners.

July 07, 2014 3:57 pmLoading…
Market Wrap: Santa rally has yet to boost markets

Market Wrap: Santa rally has yet to boost markets

Todd Buchanan recaps the market news of the last week.

December 13, 2013 3:18 pmLoading…

Governor wants to see effect of pension reform

HELENA — Gov. Steve Bullock said Friday that he doesn’t plan any immediate changes to the state overhaul of the public employee pension system even if courts throw out portions of the law affecting retirees.

November 01, 2013 4:09 pmLoading…

Want to retire rich? The slow and steady approach will likely get you there

Go ahead and admit it. Every time the Powerball jackpot climbs into the stratosphere, you find yourself fantasizing about what you’d do with all those millions.

November 01, 2013 12:00 amLoading…

Report: Montana pension investments gain 10 percent

HELENA — Managers of state pension money performed better than average, a new report reviewed on Wednesday showed, despite concerns about increasing costs.

August 21, 2013 11:17 amLoading…
Construction Zone: Stockman Bank opens newest branch on Grand Avenue

Construction Zone: Stockman Bank opens newest branch on Grand Avenue

Stockman Bank is Montana’s largest family-owned bank. It's roots run deep in western heritage and Montana history. In 1953, William “Bill” Nefsy purchased the Miles City Bank and started growing a successful family banking business one customer at a time. A well-known rancher, Nefsy’s foray …

June 21, 2013 9:27 am Photos

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Montana legislative mistake could gut pension fix

Montana legislative mistake could gut pension fix

HELENA — An attempt to modify the future impact of an error in a new pension law continued Wednesday, but wasn’t resolved.

June 19, 2013 5:44 pm Related Loading…

Wyoming hikes private equity investments

CHEYENNE -- Wyoming's five elected officials voted Monday to add $600 million to the state's investment in private equities in the next three to five years.

April 29, 2013 11:39 amLoading…

Wyoming officials to vote on diversifying private-equity investments

CHEYENNE, Wyo. — The five elected state officials will vote Monday on whether to increase Wyoming's investments in private-equity funds.

April 27, 2013 10:30 pmLoading…
Pension fixes lurch toward finish line

Pension fixes lurch toward finish line

HELENA — Two fixes for the state's pension systems are nearing final approval, despite lingering concern from Republicans over the cost, after the House advanced the measures in a pair of close votes Saturday.

April 20, 2013 1:41 pm Related Loading…
Ex-billionaire seeks mediation with legal foes

Ex-billionaire seeks mediation with legal foes

Embattled ex-billionaire Tim Blixseth is seeking settlement talks to resolve a tangle of lawsuits involving hundreds of millions of dollars in claims against him arising from the 2008 bankruptcy of Montana's exclusive Yellowstone Club.

February 15, 2013 2:55 pmLoading…

Guest opinion: Time to pay up - Montana urgently needs a public pension fix

Our governor and legislative leaders have recognized the state’s pension shortfalls as a problem. That’s encouraging. Now it is time to take the opportunity of our state’s healthy fiscal condition to make much- needed changes to the plan. It is time that the Legislature and the executive bra…

January 13, 2013 12:05 amLoading…

Guest opinion: Montana can fix its public pension programs

Our public retirement systems are in trouble, but not the kind of trouble I read in the headlines recently. We can fix them and we should do it now. But we need to remember how they got into trouble in the first place.

December 15, 2012 12:00 amLoading…
Employees facing Wyoming Retirement System contribution increase

Employees facing Wyoming Retirement System contribution increase

CHEYENNE — Employees covered by the Wyoming Retirement System are facing a 2 percent increase in their retirement contribution next year.

December 13, 2012 11:45 pmLoading…
Governor's pension bills clear small hurdle

Governor's pension bills clear small hurdle

HELENA — Gov. Brian Schweitzer’s proposal to fix the state’s public employee pension system cleared a small legislative hurdle Tuesday, and received some support from Democratic candidate for governor Steve Bullock.

September 11, 2012 4:01 pmLoading…

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