| Sep 10, 2013
| 2:20 PM
The juxtaposition of two seemingly unrelated events this week ought to have taxpayers recoiling in horror.
Both events involved schemes by politicians to grab "upfront cash" to make themselves look good while in office, so that when most of the bills...
| Jan 24, 2014
| 2:09 PM
Wheaton Warrenville Community Unit School District 200 board members have approved an intent to borrow by issuing $10 million in working cash bonds.
The money would be used to fix a number of needs at school buildings, officials said.
| Aug 30, 2013
| 5:09 AM
Months after recommending Mayor Rahm Emanuel hire former comptroller Amer Ahmad, onetime Democratic Ohio Treasurer Kevin Boyce used close ties with his now-indicted ex-employee to lobby for city business here.
Boyce sought underwriting work for city...
| Feb 18, 2014
| 11:57 AM
North Shore School District 112 officials argue the district's future looks bleak without closing four or even six of the district's 12 school buildings.
Members of the district's superintendent's citizen finance and facilities advisory committee have...
| Dec 31, 2013
| 6:26 AM
Stocks are moving higher on the last day of trading for 2013 as investors close out their portfolios and prepare for the New Year.
The Dow Jones industrial average rose 35 points, or 0.2%, to 16,537 in the first 10 minutes of trading Tuesday.
| Oct 30, 2013
Anticipating the Securities and Exchange Commission's actions can feel like waiting for Godot. The SEC has been sitting on a petition for a new rule requiring publicly traded companies to disclose to shareholders what corporate funds are spent on...
| Oct 25, 2013
For months it was a matter of intense speculation: Who would President Obama nominate to chair the Federal Reserve? Now that he has named Janet Yellen, currently the Fed's vice chair and an exceptionally well-qualified candidate, maybe we can move on to...
| Oct 22, 2013
Mayor Rahm Emanuel was on hand when an organization of female business executives paid tribute last year to his financial guru, Lois Scott, for her pioneering role in helping cash-strapped governments solve their problems.
Many in the room shared an...
| Sep 18, 2013
| 7:13 AM
WASHINGTON -- Is it taper time for the Federal Reserve?
That's the key question as the financial and economic worlds await the end of the central bank's policymaking meeting Wednesday and Fed Chairman Ben S. Bernanke's quarterly news conference.
| Feb 3, 2014
| 8:52 PM
NEW YORK — A stream of negative economic reports has revived fear about the health of the U.S. economy, causing stocks to suffer their worst day in seven months and adding to a 7% decline since mid-January.
Stocks were pounded by discouraging data...
| Jan 5, 2014
| 5:00 AM
With interest rates set to rise, many on Wall Street are wondering if the municipal bond market is in for another pummeling as 2014 gets underway.
Investors couldn't get out fast enough last year. Bonds from states, cities and counties suffered their...