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Illinois Cities Getting Crushed By Pension Costs - Just Look At Peoria!

Until you hear Illinois politicians fighting for a pension amendment, changes to labor laws, a bankruptcy option for cities and other changes that reduce the insurmountable pension debts, then they aren’t addressing the problem.

  • Sep 26, 2019 5:10 PM

Confirmation Of The Collapse In Consumer Confidence

...“good feelings” among consumers are starting to fade.

  • Sep 26, 2019 8:15 AM

"Bearish Macro View:" Global Recession Fears Grow Among Top Money Managers

"People have definitely bought into the bearish macro view." 

  • Sep 24, 2019 8:25 AM
Profile picture for user Tim Knight from Slope of Hope

Pension Detention

by Tim Knight fro… - Sep 23, 2019 8:11 pm

The New Normal: my little town of Palo Alto is half a BILLION bucks short of its pension obligations.

  • Sep 23, 2019 8:11 PM
  • Tim Knight from Slope of Hope's blog

Wage Growth For Men About 1/4% Per Year Since 2000, Women About 1/2% Per Year

Women are slowly catching up to men in median wages but growth has been pathetic across the board...

  • Sep 23, 2019 11:25 AM

Meet America's "Economic Refugees": Retirees Who Opt To Live Abroad

Even with limited savings, "now they can have that great adventure they always wanted..."

  • Sep 22, 2019 9:50 AM

Bankrupt Illinois Cities Forced To Cut Services To Fund Pensions

Multiple cities in Illinois are forced to cut police, fire departments and other city services to fund pension plans...

  • Sep 20, 2019 2:55 PM

Will Chicago Be The Largest US City To Declare Bankruptcy?

Since the days of Big Bill Thompson, Chicago has been a cesspool of graft and corruption. Can waving the magic wand of bankruptcy cure the city of almost 100 years of amoral governance? Don't bet the farm on it...

  • Sep 19, 2019 7:05 PM

Small Businesses Left Scrambling After $35 Million Disappears In Massive Payrolls Fraud

The incident is drawing attention to a critical but lightly regulated corner of the economy.

  • Sep 18, 2019 10:55 PM
Profile picture for user TDB

A retirement plan tailor-made for the gig-economy era

by TDB - Sep 18, 2019 2:58 pm

Even if self-employment isn’t your main gig, it can be a great way to earn some extra side-income for retirement.

  • Sep 18, 2019 2:58 PM
  • TDB's blog

Hundreds Of Microsoft Employees Are Leaking Their Salary Details On Purpose

“Share your anonymous info so we can all get paid more together...”

  • Sep 16, 2019 2:54 PM

NFIB Survey Trips Economic Alarms

Don't ignore the data...

  • Sep 16, 2019 8:10 AM

"This Is Our Last Resort": 48,000 UAW Workers Set For First Nationwide Strike At GM In 12 Years

"That’s going to have a big effect on the economy..."

  • Sep 15, 2019 3:40 PM
Profile picture for user toulour

"This Is Our Last Resort": 48,000 UAW Workers Strike At GM For The First Time In 12 Years

by toulour - Sep 15, 2019 1:47 pm

"We do not take this lightly..."

  • Sep 15, 2019 1:47 PM
  • toulour's blog
Profile picture for user toulour

Hundreds Of Microsoft Employees Are Leaking Their Salary Details On Purpose

by toulour - Sep 15, 2019 8:14 am

“Share your anonymous info so we can all get paid more together.”

  • Sep 15, 2019 8:14 AM
  • toulour's blog

Only In Illinois: Wife Of Indicted Political Boss Will Hold Highest Judicial Post In State

What would appear to many Illinoisans as glaring conflicts of interest over the years have not appeared to raise red flags for the new chief justice.

  • Sep 14, 2019 8:05 PM

Wall Street Ignores Cyclical Jobs Growth Downturn As Employment Indicator Hits Great Recession Levels

...there's a "very clear cyclical downturn in jobs growth, there's really no debating that, and it looks set to continue."

 

 

  • Sep 14, 2019 6:00 PM

"National Emergency" - US Business Formation Goes Negative 

This is just more bad news for the "greatest economy ever." 

  • Sep 14, 2019 3:30 PM

Over A Million Households Climbed To Middle Class Under Trump, Census Data Shows

Meanwhile, Americans have been weaning themselves off dependency on government programs...

  • Sep 14, 2019 1:25 PM

The Risk Of A Strike At GM Just Hit A 12 Year High At The Worst Possible Time

"It’s just difficult to see how both sides can come to an agreement."

  • Sep 13, 2019 1:11 PM

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