Category: Business
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Streetwise Launches Neighbor Carts
Rick Jones’ booming voice makes him hard to miss on the corner of Broadway and Wilson Avenue, where he shouts “fresh fruit” to passers-by rushing to and from the nearby Red Line station. Neatly displayed apples, bananas, plums and strawberries line the stainless steel cart that sits behind him. Jones, a struggling veteran, was recruited…
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Quick Pension Analysis
Ok, so I was getting asked about this the other day both in person and in the comments about why the pensions are really in such bad shape and what the latest GASB positions mean to the funds. GASB first. GASB Changes I did some poking around and the recent GASB changes really mean nothing.…
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100 Days Until Taxmageddon
Sunday will mark the start of the 100-day countdown to “Taxmageddon” – the date the largest tax hikes in the history of America will take effect. They will hit families and small businesses in three great waves on January 1, 2013: via Americans for Tax Reform. Here’s a list of some of the new and…
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Rahm: Higher Cigarette & Amusement Taxes
Mayor Rahm Emanuel is considering an increase in city taxes on cigarettes and entertainment to help close an anticipated $369 million gap in next year’s budget, City Hall sources said Wednesday. … It’s unclear how much the cigarette tax might be raised. A city tobacco tax increase would come on the heels of a $1-a-pack…
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Mitt Romney on the Federal Reserve
“Yeah, it’s interesting…the former head of Goldman Sachs, John Whitehead, was also the former head of the New York Federal Reserve. And I met with him, and he said as soon as the Fed stops buying all the debt that we’re issuing—which they’ve been doing, the Fed’s buying like three-quarters of the debt that America…
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Illinois Unemployment at 9.1%
Unemployment across Illinois rose to 9.1 percent in August, the third straight month of increases in the state, the Illinois Department of Employment Security said Thursday. … Unemployment in July was 8.9 percent. Increases in the unemployment rate in June, July and August followed nine months of slow but steady declines. The federal government said…
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Chick-fil-A Wavies 1st Amendment Rights
Chick-fil-A has pledged to stop giving money to anti-gay groups and to back off political and social debates after an executive’s comments this summer landed the fast-food chain smack in the middle of the gay marriage debate. The Civil Rights Agenda, which dubs itself the largest lesbian, gay, bisexual and transgender advocacy group in Illinois,…
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400 Richest Americans’ Worth $1.7 Trillion
The net worth of the richest Americans grew by 13 percent in the past year to $1.7 trillion, Forbes magazine said on Wednesday, and a familiar cast of characters once again populated the top of the magazine’s annual list of the U.S. uber-elite, including Bill Gates, Warren Buffett, Larry Ellison and the Koch brothers. The…
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Crumb & Get It: Baker with Principles
[youtube http://www.youtube.com/watch?v=_s_CGWKN8Ak]
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Harvard vs. South Dakota Mine School
Which Grads make more? Harvard University’s graduates are earning less than those from the South Dakota School of Mines & Technology after a decade-long commodity bull market created shortages of workers as well as minerals. Those leaving the [SDSMT] college of 2,300 students this year got paid a median salary of $56,700, according to PayScale…