American consumers sent out decidedly contradictory signals Tuesday, spending more in December while telling researchers they were less confident about the economy.After showing a slight improvement in November, the Conference Board's index of consumer confidence dropped to 52.5 in December.
Chicago-area home prices fell 2.0 percent from September to October and posted the steepest year-over-year decline of any big city in the nation, according to a report Tuesday from the S&P/Case-Shiller Home Price Indices.
As 2010 winds down, many are saying good riddance. Technically it was the first full year since the end of the Great Recession. The economy actually grew, but so slowly many didn't feel the improvement.
Chicago Mayor Richard Daley said he's considering options to turn the former Michael Reese hospital site into a technology park.An advisory panel will recommend ways to bring tech-based industries to the site on Chicago's South Side.Daley said the project will extend beyond his mayoral term.
Almost all counties in Illinois have seen increasing poverty rates in recent years, according to new data from the U.S. Census Bureau. The latest numbers group together data for a five-year period from 2005 to 2009.
The U.S. Senate is expected to take a procedural vote today on a deal to extend Bush-era tax cuts. The procedural vote would pave the way for a final vote on the package, possibly this week.Illinois U.S.