The latest government data suggest some states are recovering much faster than others from the recession, including a few that were hit the hardest. U.S. companies have added jobs for 12 straight months, but the gains have been uneven.The U.S.
No region in the world is as ripe for revolution as the Arab Middle East. Its political, economic and social mix could not be more explosive: longstanding political repression, high poverty and unemployment rates, and diminishing hope for a youthful, rapidly rising and ever more educated popula
As the Bears get set to host the Seattle Seahawks in their divisional playoff this Sunday, Chicagoans are starting to come together like they did when the Blackhawks glided toward hockey’s Stanley Cup last spring.The excitement brings to mind some words of a 19th century German philosopher: &l
The nation's jobless rate declined to 9.4 percent in December from 9.8 percent the month before. And businesses added a relatively modest 103,000 jobs to their payrolls, the Bureau of Labor Statistics just reported.We'll add more to this post as we sift through the report.
In the wake of Mayor Daley’s decision to step down, every Monday "Eight Forty-Eight" is looking at some of the issues facing Chicago’s next mayor. On this episode of Mayor Monday, the show looks at the economy.It’s taking a while to move out of the recession
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.
While a hallmark of President Obama’s administration has been transforming public education, lately his primary focus has been economic reforms. This week President Obama pitched a bipartisan deal aimed at bolstering the economy.