| Aug 9, 2014
| 9:00 PM
This summer marks five years since the "Great Recession" officially ended.
For millions of Americans, it probably does not seem possible that our economy has grown for that long. After all, by historical standards, the current recovery is anemic, if not...
| Aug 1, 2014
| 6:26 AM
Job growth in the United States continued at a solid pace in July, with the economy adding 209,000 new jobs, the Labor Department said Friday.
Economists had expected an increase of about 230,000 jobs.
The unemployment rate was 6.2 percent, up from...
| Jul 20, 2014
On Thursday, Bruce Rauner came a long way toward answering the many voices — this page included — that had criticized his gossamer-thin proposals for reviving Illinois' economy and governance. The Republican candidate for governor issued his...
| Jul 31, 2014
| 6:54 AM
Initial jobless claims jumped to 302,000 last week, but have averaged their lowest level in eight years during the previous month in further evidence of a strengthening labor market.
The number of people filing for first-time unemployment benefits was...
| Jul 6, 2014
| 5:00 AM
Since the financial crash of 2008, one of the biggest guessing games in the U.S. economy and markets has centered on interest rates — and when they would finally rise from the historic lows that followed the Great Recession.
But year after year,...
| Jul 7, 2014
| 2:30 PM
Media and technology moguls are jetting to Sun Valley, Idaho this week for mountainside pressing of the flesh and potentially some deal-making.
The exclusive confab, sponsored by investment bank Allen & Co., gets started Tuesday behind closed doors,...
| Jun 9, 2014
| 12:28 PM
When it comes to cheap living, don't mess with Texas. Three of the 10 cheapest cities in the U.S. can be found in the Lone Star State. Several Texas cities, including San Marcos, McAllen and San Antonio, didn't crack the top 10 but ranked very highly...
| Jun 22, 2014
| 7:30 PM
First it was Rod Blagojevich who sent free rides soaring on the Chicago area's transit system, and now the lingering effects of the Great Recession are keeping the numbers high, experts say.
The former governor's gift of free rides to all Illinois...
| Jul 9, 2014
As governor of Illinois, I take great pleasure in hearing that Texas Gov. Rick Perry, who was here just last year, plans to visit again soon. That kind of repeat business is great for Illinois tourism, which is booming with more than 100 million...
| Jul 3, 2014
| 11:52 AM
The forces that move mortgage rates must have taken the week off because despite two good reports on the economy, borrowing costs were little changed this week.
The average interest rate on a 30-year, fixed rate mortgage was 4.12 percent this week,...
| Jul 9, 2014
You just can't make everyone happy.
Now that the jobs picture is starting to look more encouraging for households trying to make ends meet, you'd think analysts would be joyful about more people having more money in their pockets to spend. But that's...