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S&P says it faces Justice Department suit for mortgage ratings
WASHINGTON -- The Justice Department plans to file a civil lawsuit against Standard & Poor's for its ratings of mortgage-related investments leading up to the financial crisis, the company said Monday. The suit focuses on S&P's ratings in 2007 of some...
Tags: Trials, Crime, Law and Justice, U.S. Department of Justice, Mortgages, Economy, Business and Finance
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State delays borrowing $500 million after credit rating downgrade
Clout StreetIllinois budget officials say the state will delay today's planned sale of $500 million in construction bonds after a recent credit downgrade. A spokesman for Gov. Pat Quinn's budget office said the decision was made after conversations with potential...Tags: Pat Quinn, Illinois Governor, Standard & Poor's Financial Services LLC, Credit Ratings, Tom Cross
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New fire chief chosen, and more
News briefs from Naperville and Aurora. Naperville Openness noted The Sunshine Review has given the city of Naperville an A+ in transparency based on the information it provides on its website. The nonprofit group uses a 10-point checklist to...
Tags: Politics, Government, Economy, Business and Finance, National Government, Libraries
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St. Joseph loses $400,000 every day it can't bill Medicare
University of Maryland St. Joseph Medical Center loses about $400,000 every day it's not certified by Medicare to collect payments from the federal health care program. The big question is how much that will ultimately cost the Towson hospital. Tens...
Tags: Colleges and Universities, St. Joseph Medical Center, Economy, Business and Finance, Government Health Care, Christianity
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Unemployment claims fall in new sign of gradual labor recovery
WASHINGTON — New filings for unemployment claims fell last week, and the total number of workers receiving jobless benefits dropped to a 4½-year low — further signs of the gradual recovery in the labor market. The Labor Department said...
Tags: Unemployment, Employment Opportunities, Employment, Career and Workplace, Labor Markets
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Park Ridge hears options for troubled TIF
If the special taxing district used to renovate downtown Park Ridge were a medical patient, then the family just received a sobering prognosis: it's in serious, but not fatal condition. The Uptown tax increment financing district, which helped create...Tags: Values, Economy, Business and Finance, Park Ridge, Marketing, Credit Ratings
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Budget deal won't fix unemployment
Friday, forecasters expect the Labor Department to report the economy added 155,000 jobs in December — substantially less than is needed to pull unemployment down to acceptable levels. The tax and spending package passed by the Senate and House...
Tags: Unemployment, Small Businesses, Health Insurance Cost, Patient Protection and Affordable Care Act, Personal Income
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Long Hours And Sharp Elbows
Hartford Courant / Fox CTFor much of his life, Dannel Malloy has been an avid fan of hockey and rugby. Both rough-and-tumble sports are highly physical and require quick movements, sharp elbows and fast decisions. A rugby player for 22 years, Malloy finally quit when his...Tags: Budgets and Budgeting, State Budgets, Elections, Ned Lamont, M. Jodi Rell
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Public investment needed to stem this Chinese export
In 2007, I got the chance to visit China. Interesting place. The food was fabulous, the Great Wall awesome, the government officials self-serving, the capital city smoggy, the street vendors aggressive. And then there were the college students. "Driven"...Tags: Colleges and Universities, China, The New York Times, Freedom of the Press, World War II (1939-1945)
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Recession, tech kill middle-class jobs
NEW YORK (AP) — Five years after the start of the Great Recession, the toll is terrifyingly clear: Millions of middle-class jobs have been lost in developed countries the world over. And the situation is even worse than it appears. Most of the...
Tags: Colleges and Universities, Market and Exchange, Unemployment, Startups, China
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ADP report: Job growth accelerated in December
WASHINGTON -- The pace of hiring accelerated in the final month of last year, boosted by solid gains in construction, professional services and trade and transportation, according to a closely followed private survey. The report released Thursday by...
Tags: Unemployment, Layoffs and Downsizing, Job Layoffs, Employment Opportunities, Employment
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Md. employers add 22,000 jobs in 2012
Maryland gained about 22,000 jobs in 2012, the smallest annual increase since the recession, underscoring the challenges facing the state in a year dominated by the federal budget and the collapse of a major employer. U.S. Department of Labor estimates...
Tags: Unemployment, Science, U.S. Congress, Economy, Business and Finance, Career and Workplace
Feb 4, 2013
|Story| Los Angeles Times
Jan 30, 2013
|Story| Chicago Tribune
Feb 19, 2013
|Story| Chicago Tribune
Feb 15, 2013
|Story| Baltimore Sun
Feb 14, 2013
|Story| Los Angeles Times
Feb 12, 2013
|Story| Chicago Tribune
Jan 2, 2013
|Story| Baltimore Sun
Jan 17, 2013
|Story| Hartford Courant
Jan 19, 2013
|Column| South Florida Sun-Sentinel
Jan 23, 2013
|Story| Petoskey News
Jan 3, 2013
|Story| Los Angeles Times
Jan 18, 2013
|Story| Baltimore Sun
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