The mayor introduced a measure to the city council this week that will cut the head tax in half next year and do away with it by 2014.If a company in Chicago employs more than 50 people, it has to pay four dollars a month for every employee. Mayor Rahm Emanuel calls this head tax a "job killer."
How much you are willing to pay for your favorite sandwich? If it has peanut butter in it, you may soon be recalculating. A looming shortage of U.S. peanuts is causing the price of peanut butter to soar."
July marked a fourth consecutive month of slight gains in home prices in its surveys covering major cities across the nation, researchers who put together the widely watched S&P/Case-Shiller Home Price Indices just reported.The researchers' 10-city and 20-city composite indexes each rose 0.9 per
Three years ago this month, chaos ruled in financial markets.Huge financial companies, such as Lehman Brothers, Merrill Lynch and AIG were stumbling, and government officials were scrambling to prevent a global financial meltdown.
The economic news has been nothing but grim lately: weak expansion, sluggish consumer spending and unemployment holding steady at just over 9 percent.Overseas, the picture isn't any rosier, with Greece expected to default on its debts — possibly followed by Portugal and Ireland — and the Internation