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Valley housing market gains momentum in May
Margaret Wolf couldn't help but notice when the "for sale" sign in front of a house two doors away was removed just days after it went up. The gray home with red shutters on Route 309 in Upper Saucon Township attracted multiple offers and sold for $177,...
Tags: Employment, Career and Workplace, Real Estate, Real Estate Sales, Homes
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Era of falling interest rates appears to be over
For all the mixed messages from the Fed and the uncertainty that has roiled financial markets recently, one thing looks very clear: The era of declining interest rates is over. After three decades in which borrowing costs for Americans have pretty...Tags: Labor Markets, Federal Reserve, Consumer Confidence, Freddie Mac, Jamie Dimon
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District 113 moves ahead on capital improvements
Township High School District 113 is moving forward on a five-year capital-improvements plan, buoyed by a successful referendum in November, a recent AAA bond rating and continued activism by community members who fought to pass the referendum. The vote...
Tags: Referenda, Highland Park (Cook, Illinois), Automotive Equipment, Illinois Governor, Bonds
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Bond outlook upgraded for Anne Arundel County
Credit rating house Standard & Poor has assigned Anne Arundel County's bonds a AAA rating and upgraded its assessment of the county's fiscal outlook from "negative" to "stable," officials announced Monday. Moody's, another credit rating house, gave...
Tags: Credit Ratings, Credit and Debt, New York City, Ratings, Laura Neuman
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Rosenthal: Nothing special about upcoming legislative session
Expecting this latest special session of the legislature in Springfield to get Illinois' finances back on track is like expecting someone who throws out the ceremonial first pitch at Wrigley Field to give the Cubs six solid innings on the mound. Both...
Tags: Marketing, Chicago Public Schools, Illinois Governor, Bonds, Springfield
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Pass pension reform, or else
In Springfield, the presence of Abraham Lincoln can always be felt. One of my favorite Lincoln quotes is "Leave nothing for tomorrow which can be done today." We should apply his advice to Illinois' most pressing issue today: pension reform. As I say to...
Tags: Pat Quinn, Michael Madigan, Abraham Lincoln, Interior Policy, Finance
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St. Mary's College reviewed for credit downgrade
Moody's Investor Services said Monday that it was reviewing for a possible downgrade the A1 credit rating of St. Mary's College of Maryland, which last week announced the resignation of its president amid news that the liberal arts school expects to...
Tags: Credit Ratings, Colleges and Universities, Teaching and Learning, Education, Students
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Standard & Poor's upgrades outlook for U.S. credit rating
WASHINGTON -- Standard & Poor's, which downgraded the U.S. credit rating nearly two years ago, said Monday it was more optimistic about the nation's long-term fiscal situation and had removed the negative outlook from the rating. The automatic federal...
Tags: Government Debt, Budgets and Budgeting, Minor League Baseball, Automotive Equipment, Congressional Budget Office
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Editorial: Have Illinois' problems outgrown its leaders?
"I think most people would agree that what Illinois needs right now are leaders who actually govern, who set a clear course to take on our biggest challenges while bringing enough people around to their view to get things done." —Potential...
Tags: Elections, Chicago Tribune, Lisa Madigan, Illinois Governor, Government
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Illinois pensions: Credit rating sinks after deadlock
The first repercussion of state lawmakers' failure to pass pension reform was felt Monday when a major ratings agency downgraded Illinois' credit rating, saying the government worker retirement system's debt is "unsustainable." The political fallout was...
Tags: Democratic Party, Illinois Governor, Bill Daley, Pat Quinn, Credit and Debt
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Quinn calls special legislative session for June 19
— Democratic Gov. Pat Quinn is summoning lawmakers back to the Capitol for a special session June 19 to try to break a stalemate over the state's massive public employee pension debt that triggered two downgrades from major credit rating agencies...
Tags: Democratic Party, Christine Radogno, Illinois Governor, Bill Daley, Pat Quinn
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Editorial: We hope Standard & Poor's latest warning brings Mr. Cullerton to his senses
Dear Standard & Poor's, We're back, Stan, appreciative (of you) but disgusted (with our inept politicians). In February, when we addressed the fourth of these occasional letters from the Tribune editorial board to all of you at Standard & Poor's, you...
Tags: Illinois Governor, Credit Ratings, Standard & Poor's Financial Services LLC, Biscuits, Pat Quinn
Jun 19, 2013
|Story| Allentown Morning Call
Jun 18, 2013
|Story| Los Angeles Times
Jun 17, 2013
|Story| Chicago Tribune
Jun 17, 2013
|Story| Baltimore Sun
Jun 9, 2013
|Column| Chicago Tribune
Jun 14, 2013
|Story| Chicago Tribune
Jun 10, 2013
|Story| Baltimore Sun
Jun 10, 2013
|Story| Los Angeles Times
Jun 9, 2013
|Story| Chicago Tribune
Jun 4, 2013
|Story| Chicago Tribune
Jun 6, 2013
|Story| Chicago Tribune
Jun 7, 2013
|Story| Chicago Tribune
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