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Articles tagged with: economy

Written By: Max Frumes on February 12, 2010 No Comment
Regulation, crisis and the PE/VC conversation

Present-day and next-generation investment industry leaders debated future of funds at the Kellogg School of Management’s private equity and venture capital conference in Chicago, with the conversation returning to value creation.

Written By: KatieRogers on August 26, 2009 No Comment
MMM Poll: You think Obama’s stimulus strategy is failing


Image via Jmtimages/Flickr.com

BY KATIE ROGERS – MEDILL NEWS SERVICE

When we asked you to grade President Obama’s fiscal strategy so far, an overwhelming number — nearly two-thirds — voted for a grade of “F.” A sample of 39 people isn’t a lot to draw conclusive answers from, but with [...]

Written By: meganmollmann on August 12, 2009 No Comment
Federal Reserve says economy is “leveling out”

Flickr.com/David C. Pearson

BY MEGAN MOLLMANN - MEDILL NEWS SERVICE

The stock market is making gains. Housing sales are showing signs of life. And the Federal Open Market Committee is tweaking its rhetoric, saying “economic activity is leveling out” in a statement Wednesday.

Cautioning that the economy is likely to stay weak for some time, the FOMC kept the

Written By: KatieRogers on August 5, 2009 No Comment
Navistar shares up after Obama touts stimulus cash infusion

President Obama's Aug. 5, 2009 Wakarusa, Ind. speech — in Wordle format.

BY KATIE ROGERS – MEDILL REPORTS

Shares of Warrenville, Ill.-based Navistar International Corp. jumped Thursday following a Wednesday visit by President Obama to the company’s Wakarusa, Ind. Monaco RV manufacturing plant.

Navistar shares [[NAV]] were up more than 2 percent [...]

Written By: KatieRogers on July 30, 2009 No Comment
McDonald’s: Wall Street questions future growth

Roadsidepictures/Flickr.com

BY KATIE ROGERS– MEDILL NEWS SERVICE

By attracting weary, worried customers with dirt-cheap food options, there’s no doubt that McDonald’s Corp. became a corporate anomaly amid the severe recession.

But after such a rapid period of growth in the first quarter, some analysts think the fast food giant might not have anywhere [...]

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: kellen.henry on July 29, 2009 No Comment
Fed says the economy remains sluggish but decline slowing

via The Federal Reserve Board

BY KELLEN HENRY – MEDILL NEWS SERVICE

The economic story in the Midwest is the same the one we’re hearing across most of the country — The economy is weak, but it’s no longer in free-fall.

According to The Beige Book, the report on current economic conditions released [...]

Written By: Shahzad Chaudhary on July 29, 2009 No Comment

BY SHAHZAD CHAUDHARY–MEDILL NEWS SERVICE

New orders for durable goods, products meant to last several years, fell by 2.5 percent to $158.6 billion in June, according to a report released Wednesday by the U.S. Department of Commerce.  Shipments fell for the eleventh straight month in June by 0.2 percent to $168.3 billion.

Excluding transportation, [...]

Written By: kellen.henry on July 15, 2009 No Comment
Prices in Chicago rise slightly


Creative Commons photo from Flickr/Matt MacGillivray

BY KELLEN M. HENRY — MEDILL NEWS SERVICE

Consumer prices in the Chicago area rose 0.6 percent last month, riding on an increase in the price of gasoline in June, while other price areas remained stagnant, the Bureau of Labor Statistics reported on Wednesday.

The [...]

Written By: KatieRogers on July 8, 2009 No Comment
Wired Money: Can widgets and Web sites change the way we look at personal finance?

Flickr.com/Darren Hester

BY KATIE ROGERS – MEDILL NEWS SERVICE

In an age of economic uncertainty, what we know for sure is Americans are still willing to stretch their budgets when it comes to electronics.

Because of our obsession with computers, phones and other gadgets that put life’s essentials at our fingertips (quite [...]

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