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Written By: Jeniece Pettitt on March 10, 2010 No Comment
Children suffer due to recession and state budget crisis

BY JENIECE PETTITT
MEDILL NEWS SERVICE

At the Voices for Illinois Children’s recent “Illinois Kids Count 2010 Symposium” at The Standard Club in Chicago, a panel discussion revolved around the topic of families in a time of economic crisis. It was a gloomy outlook for children in the state as Illinois deals with high [...]

Written By: Jeniece Pettitt on February 18, 2010 No Comment
Wholesale prices increase 1.4 percent in January

 

The Producer Price Index, or wholesale prices, rose at a seasonally adjusted rate of 1.4 percent in January, mainly due to a rise in energy costs, pharmaceutical costs and light trucks, the U.S. Bureau of Labor Statistics reported today.

Written By: Jeniece Pettitt on February 18, 2010 No Comment
Brazil embraces for-profit education, U.S. companies benefit


Brazil possesses one of the highest proportions of private sector universities in both Latin America and the world, according to the World Bank.
As the middle class grows and  GDP rises, the demand for higher education is going to continue to grow in Brazil and other emerging markets around the world.

Written By: KatieRogers on August 26, 2009 No Comment
The Whole Foods Fight


Is the “Whole Foods Boycott” impacting the company’s financials? Not yet. (Image via Creative Commons)

BY KATIE ROGERS – MEDILL NEWS SERVICE

Nearly 29,000 people now subscribe to a Facebook group calling for a boycott of Whole Foods Market Inc. since CEO John Mackey wrote an op-ed against proposed methods [...]

Written By: meganmollmann on August 20, 2009 No Comment
Foreclosure filings jump in Lincoln Park, fall in Englewood

Chicago foreclosure activity counts by zip code/Realtytrac.com

BY MEGAN MOLLMANN – MEDILL NEWS SERVICE

Foreclosures increased 7 percent nationwide in July, according to Realtytrac.com. Illinois came in fifth place for total foreclosure activity, with 14,524 properties receiving a foreclosure filing, and default notices skyrocketed 86 percent during the month, said Realtytrac in a press [...]

Written By: Jordan Melnick on August 18, 2009 No Comment
Obamacare under siege

Image via ILIGHT/Flickr.com

BY JORDAN MELNICK – MEDILL NEWS SERVICE

There’s no question about it: Obamacare is officially under siege. While the president might have hoped August would be a quiet month with Congress in recess, it has been anything but. Early in the month, there were reports of fervent protests at [...]

Written By: KatieRogers on July 29, 2009 No Comment
Chicagoland unemployment continues to rise

Unemployment self-portrait by Diego Cupolo/Flickr.com

BY KATIE ROGERS – MEDILL NEWS SERVICE

On the heels of Tuesday reports indicating green shoots in the Chicago area housing market, and the Fed’s Beige Book Wednesday suggesting a slightly more optimistic economic outlook, The Bureau of Labor Statistics released a bleaker [...]

Written By: meganmollmann on July 28, 2009 No Comment
Green shoots in your garden? Chicago home prices budding

RealtyTrac.com/Estimated Chicago home values from Nov. 2006 -June 2009

BY MEGAN MOLLMANN – MEDILL NEWS SERVICE

Home prices in the Chicago metropolitan area rose 1.1 percent in May from April of this year and ended a 10-month spree of falling home values, according to the the Standard & Poor’s/Case-Shiller index report released [...]

Written By: kellen.henry on July 23, 2009 No Comment
Bretton Woods and other hotspots for economics buffs

 

Creative Commons photo by Flickr user JCardinal18

By Kellen Henry- MEDILL NEWS SERVICE

During the first three weeks of July 1944, hundreds of delegates from 44 countries gathered at the Mount Washington Resort in Bretton Woods, N.H. for the United Nations Monetary and Financial Conference.

Delegates emerged from the [...]

Written By: meganmollmann on July 23, 2009 No Comment
Illinois home sales climb 20.8 percent in June

www.flickr.com

BY MEGAN MOLLMANN – MEDILL NEWS SERVICE

Home sales statewide jumped 20.8 percent in June from May of this year, the fifth consecutive month-to-month increase, according to a report released Thursday by the Illinois Association of Realtors.

In June, 10,909 homes were sold compared to [...]

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