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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 ...
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 ...
A map of the 77 community areas, broken down by purported regions. While the areas have official use and definition, the color groupings are unofficial, and such "regions" may be defined differently, grouped differently, or not be used at all. The city of Chicago is divided into 77 community areas for statistical and planning purposes.
century foundation, we won’t be able to compete in a 21st century economy. If we don’t take action, Chicago will face another lost decade.”--Rahm Emanuel, 1 March 2012 $7 bn Trust Project Partners 501(c)3 non-profit status $1.0 bn already committed for public building Energy Retrofit Private & Not-for-Profit Funding Sources:
Several major U.S. economic variables had recovered from the 2007-2009 Subprime mortgage crisis and Great Recession by the 2013-2014 time period. The recession officially ended in the second quarter of 2009, [3] but the nation's economy continued to be described as in an "economic malaise" during the second quarter of 2011. [80]
Iceland fell into an economic depression in 2008 following the collapse of its banking system (see 2008–2011 Icelandic financial crisis). By mid-2012 Iceland is regarded as one of Europe's recovery success stories largely as a result of a currency devaluation that has effectively reduced wages by 50%--making exports more competitive. [129]