| Jul 30, 2014
| 4:42 PM
The economy's strong second-quarter growth showed the recovery has regained momentum after a brutal winter and could signal a quicker end to the era of rock-bottom interest rates.
The nation's total economic output, or gross domestic product,...
| Jul 31, 2014
| 7:31 AM
WASHINGTON (Reuters) - U.S. labor costs recorded their largest increase in more than 5-1/2 years in the second quarter, a sign that a long-awaited acceleration in wage growth was imminent.
The Employment Cost Index, the broadest measure of labor costs,...
| Jul 26, 2014
| 8:47 AM
Moving its headquarters across the Atlantic in April 2012 removed Aon from Chicago's corporate elite.
It also reduced a hefty corporate tax bill, newly filed documents suggest.
The commercial insurance brokerage now based in London shaved its tax rate...
| Aug 1, 2014
| 4:56 PM
If Ohio's senior senator were named Sharon Brown instead of Sherrod Brown, progressives would have a plausible political pin-up and a serious alternative to the tawdry boredom of Hillary Clinton's joyless plod toward her party's presidential nomination....
| Aug 1, 2014
| 6:26 AM
Job growth in the United States continued at a solid pace in July, with the economy adding 209,000 new jobs, the Labor Department said Friday.
Economists had expected an increase of about 230,000 jobs.
The unemployment rate was 6.2 percent, up from...
| Jul 16, 2014
| 6:11 AM
Federal Reserve Chair Janet Yellen — most recently in Tuesday’s Congressional testimony — has signaled that she'd like to see U.S. workers getting paid more, and that she's not terribly concerned about inflation getting out of control if...
| Jul 3, 2014
| 7:43 AM
U.S. employment growth jumped last month while the unemployment rate neared a six-year low, decisive evidence the economy is moving forward at a brisk clip after a surprisingly big slump at the start of the year.
The economy added 288,000 jobs in June...
| Jun 17, 2014
| 6:05 PM
Americans paid more for just about everything last month, pushing inflation to its highest annual rate in more than 11/2 years and creating another potential obstacle for the economic recovery.
The 0.4% jump in the consumer price index for May, released...
| Jun 19, 2014
| 7:13 AM
Initial jobless claims fell last week and the total number of Americans receiving unemployment benefits hit a new seven-year low, the Labor Department said Thursday.
The number of people filing for the first time for jobless benefits dropped to 312,...
| Jun 26, 2014
| 3:12 PM
The great rate freakout of June 2013 looks awfully panicky in the rearview mirror, with fixed mortgages now far cheaper than they were back then.
It's been a full year since the Federal Reserve unnerved home lenders and buyers by announcing it would...
| Jun 28, 2014
| 4:19 PM
For 24 years, the Tribune has capped each high school sports year by honoring a group of students whose excellence extends to both the classroom and fields of play. The 2013-14 Scholar-Athlete Team represents the best in academics and athletics the...
| Jun 16, 2014
| 10:00 AM
The International Monetary Fund sharply lowered its U.S. growth projection for the year and issued a cautionary note to investors: Don't be too confident about interest rates.
Like others in the economic forecasting business, the IMF downgraded its U.S....