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The debt ceiling issue was one of the causes for the 2013 government shutdown, and a lack of a budget bill over the issue forced the government to sequester its budget. The crisis, as well as the government shutdown, ended on October 17, 2013, with the passing of the Continuing Appropriations Act, 2014.
Economic growth in Chicago is tapering off, according to a new December Chicago Business Barometer report (link opens a PDF) released today by the Institute for Supply Management (ISM). After ...
Manufacturing, printing, publishing, insurance, transportation, financial trading and services, and food processing also play major roles in the city's economy. The total economic output of Chicago in gross metropolitan product totaled US$770.7 billion in 2020, [1] [2] surpassing the total economic output of Switzerland and making Chicago's ...
In this segment of The Motley Fool's finance-focused show, Where the Money Is, Alison Southwick and banking analyst Matt Koppenheffer reach into the mailbag to answer the following reader question ...
Economic collapse, also called economic meltdown, is any of a broad range of poor economic conditions, ranging from a severe, prolonged depression with high bankruptcy rates and high unemployment (such as the Great Depression of the 1930s), to a breakdown in normal commerce caused by hyperinflation (such as in Weimar Germany in the 1920s), or even an economically caused sharp rise in the death ...
British credit crisis of 1772–1773 – started in London and Amsterdam, begun by the collapse of the bankers Neal, James, Fordyce, and Down. War of American Independence Financing Crisis (1776) (United States) – The French monarchy went deeply into debt to finance its 1.4 billion livre support for the colonial rebels; Spain invested 700 ...
Posted: 03/22/2013 6:07 pm EST | Updated: 03/24/2013 8:03 pm EST In the days since, guns have killed at least 2244 more people. Chicago has seen more recent gun deaths than any other city in the U.S.
On March 16, 2008, Bear Stearns agreed to sell itself to JPMorgan Chase for $2 per share. The deal capped a breathtakingly rapid fall from grace of one of the major Wall Street players as the ...