| Jan 28, 2014
In a part of the West Side long marginalized by City Hall planners, officials have seized on a grand proposal for an "innovation park" that would train and employ impoverished Chicagoans in high-tech factories.
Spearheaded by labor activist Dan Swinney,...
| Jan 28, 2014
| 11:13 AM
Outgoing Federal Reserve Chairman Ben Bernanke, 60, probably won't win many popularity contests. He's frequently been vilified by the political left for doing too little and by the right for doing too much. Most Americans probably have no idea what he...
| Jan 20, 2014
| 9:24 AM
Talking up your opponent's skills is a tactic that permeates sports, politics and business. The idea is to lower expectations of your own success so your subsequent victory looks even more spectacular and defeat (if it comes) less demoralizing. There's no...
| Jan 20, 2014
| 11:34 AM
Let’s give New Jersey Gov. Chris Christie the benefit of the doubt for a minute.
Let’s say he was blindsided by his very close staff and truly knew nothing about the politically contrived four-day traffic jam that has marred his reputation,...
| Dec 11, 2013
| 3:00 AM
The Justice Department has just obtained documents showing that JPMorgan Chase, Wall Street's biggest bank, has been hiring the children of China's ruling elite in order to secure "existing and potential business opportunities" from Chinese government-run...
| Nov 19, 2013
| 12:36 PM
NEW YORK -- JPMorgan Chase & Co.'s historic $13-billion settlement with the federal government will pay down a major chunk of the bank's ballooning legal tab.
The Justice Department on Tuesday announced the widely expected settlement of faulty...
| Oct 29, 2013
| 9:49 AM
O.J. Simpson’s home in Miami-Dade County sold for $655,000 during an online foreclosure auction Tuesday.
TK Miami LLC, a third-party bidder, snapped up the four-bedroom property at 9450 S.W. 112 St., records show. The former football hero,...
| Jan 18, 2014
| 7:00 AM
Most of the risky mortgages that triggered the financial crisis have disappeared from the marketplace, and lenders will have even more reason to avoid them because of a new federal crackdown on loose lending.
But one housing-bubble favorite —...
| Jan 10, 2014
| 2:54 PM
Few of the nontraditional home loans that triggered the financial crisis are still available, and lenders will have even more reason to avoid them now that the Consumer Financial Protection Bureau’s definition of presumably safe and sound...
| Dec 19, 2013
| 11:41 AM
The announcement by Target on Thursday that 40 million credit and debit card accounts may have been breached by cyber-crooks is just one in a string of notable consumer-data breaches in recent years.
The Minneapolis-based retailer said the unauthorized...
| Jan 15, 2014
| 3:21 PM
Housing has stood out as the sick man of the U.S. economy in bad times and better times. For all its work on economic stimulus in various forms, the Obama administration has never been able to get its hands around a solution for the housing crash. That'...