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Tag Archive | "recession"

Justice Department’s Standard & Poor’s Probe: Recession Might Be More Important Reason for the Volatile Stock Market

Stephen Wood, Chief Market Strategist Russell Investments: The New York Times reports the Justice Department is investigating whether the Standard & Poor’s credit ratings agency improperly rated mortgage securities ahead of the financial meltdown. A strategist says this has been a long-standing issue. Global economy may be a bigger factor than the downgrade by Standard […]

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FOXNews Live from Woodfield in Schaumburg: Village Debt Blamed on Sales Tax Slump

FOXNews television crews and reporter Steve Brown at Woodfield Mall about 9:45 a.m. covering sales slump/municipal property tax report. For years the village doesn’t charge property tax because it has relied on sales tax, especially from Woodfield Mall. A shopping slump is blamed for a deficit over $17.5 million that could lead to a municipal […]

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  • Current Conditions : 51.4F, Clear - 1:22 PM CST Nov. 20
    Temperature: 51.4°F | Humidity: 59% | Pressure: 29.82in ( Falling) | Conditions: Clear | Wind Direction: SSW | Wind Speed: 2.9mph
  • Tonight as of Nov. 20 12:02 PM CST
    Tonight - Mostly clear in the evening then becoming partly cloudy. Blustery. Lows in the upper 30s. Southwest winds 15 to 25 mph with gusts up to 30 mph.
  • Rest of Today as of Nov. 20 12:02 PM CST
    Rest of Today - Sunny, breezy. Highs in the lower 50s. Southwest winds 15 to 25 mph with gusts up to 30 mph.
  • Tuesday as of Nov. 20 12:02 PM CST
    Tuesday - Partly sunny. Blustery. Highs in the lower 40s. Then temperatures falling into the mid 30s by evening. West winds 10 to 20 mph in the morning becoming northwest 15 to 25 mph in the afternoon. Inland, gusts up to 30 mph in the afternoon. Near the lake, gusts up to 30 mph.

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