Top News & Analysis Illinois

More

  • Santelli Exchange: Illinois' pension 'reform' Monday, 2 Dec 2013 | 10:51 AM ET
    Santelli Exchange: Illinois' pension 'reform'

    CNBC's Rick Santelli breaks down the worst underfunded pension in the country in Illinois.

  • Thinning blue line: Police cuts cripple cities Friday, 22 Nov 2013 | 8:56 AM ET
    In crisis: Trenton police on patrol in the Garden State's capitol

    Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.

  • The new city economy Thursday, 21 Nov 2013 | 9:45 AM ET
    Ford Motor Co. said it will invest $200 million to make four-cylinder engines at the Ford Motor Co. Cleveland Engine Plant in Brook Park, Ohio.

    Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.

  • How Orlando and Phoenix are making a comeback Wednesday, 20 Nov 2013 | 8:47 AM ET
    Orlando, Florida

    These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.

  • Miami vice: Shady muni deals cripple cities Wednesday, 20 Nov 2013 | 8:00 AM ET
    Miami at night

    The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.

  • Is the muni bond market about to blow up? Tuesday, 19 Nov 2013 | 9:26 AM ET
    Detroit city grate is missing a cover. With cut backs to city services, Detroit's infrastructure has fallen into disrepair.

    Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?

  • Behind the scenes: 'Critical Condition' US tour Monday, 18 Nov 2013 | 8:34 AM ET
    Home of Charles Lang Freer, Detroit railroad car manufacturer.

    Visit any American city and it doesn't take a whole lot of imagination to see where its greatness came from—however faded it may seem to be.

  • This small city is full of big surprises Monday, 18 Nov 2013 | 8:15 AM ET
    On the waterfront: Market Street Bridge and the Tennessee Aquarium

    Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.

  • Damage to city budgets: Some was self-inflicted Monday, 18 Nov 2013 | 7:00 AM ET
    View of downtown Oakland, California.

    Interest rate swaps - sold as a way to save money on public financing - have turned into municipal bombs.

  • The state of urban America: A tale of two cities Monday, 18 Nov 2013 | 7:00 AM ET
    Lawrence Payne walks past two abandoned houses on September 4, 2013 in the Six Mile Gratiot neighborhood of Detroit, Michigan.

    The head of the National Urban League outlines a plan to close the economic divide that's crippling U.S. cities.

  • SAC to shutter London office in downsizing move Tuesday, 22 Oct 2013 | 2:45 PM ET
    Steven A. Cohen

    SAC Capital Advisors will shut down its London office by the end of the year as the hedge fund downsizes, according to a memo sent to staff on Tuesday.

  • 'Amazon' state tax ruling may head to Supreme Court Monday, 21 Oct 2013 | 4:42 PM ET

    New York and Illinois court rulings on 'Amazon taxes' may head to the U.S. Supreme Court to settle questions about the taxing online retail sales.

  • Social Security raise to be among lowest in years Sunday, 13 Oct 2013 | 4:40 PM ET
    Social Security checks

    Millions of recipients, disabled veterans and federal retirees can expect historically small increases in their benefits come January.

  • Uncovering Bigfoot's digital footprint using big data Friday, 20 Sep 2013 | 12:08 PM ET
    Bigfoot?!

    Big data has been used for a variety of things, but its latest use might be its most strange yet: The hunt for Bigfoot.

  • Ill. Gov to lawmakers: No pay until pension reform Tuesday, 3 Sep 2013 | 11:33 AM ET
    Santelli Exchange: Pension cloud looms in IL

    Gov. Patrick Quinn (D-IL) joins CNBC's Rick Santelli to discuss pension reform in Illinois as lawmakers struggle to come up with a plan.

  • Saving Rose: What makes a business profitable Friday, 23 Aug 2013 | 12:00 AM ET
    Local specialty bakery saved by investor

    With one foot out the door, Rose’s Wheat Free Bakery and Café in Chicago was saved by Marcus Lemonis, a serial entrepreneur who took a chance on the niche business.

  • Goldman trading glitch could cost over $100 million Tuesday, 20 Aug 2013 | 8:26 PM ET

    Goldman Sachs experienced a trading glitch that caused a huge batch of erroneous trades Tuesday. Many may be canceled but the snafu could still cost Goldman upwards of $100 million.

  • Shale beating expectations Thursday, 15 Aug 2013 | 7:44 PM ET
    Shale beating expectations

    People in Illinois do not know how much their health care will cost come October 1, and reports say energy production from fracking is rising even faster than experts predicted. Blake Zeff, Salon.com, and Republican strategist Noelle Nikpour, discuss. Also, is a law to protect children of celebrities a waste of time?

  • Man performs coffin-escaping skydive Wednesday, 7 Aug 2013 | 1:36 PM ET
    Man performs coffin-escaping skydive

    Anthony Martin, who's 47-years old, was handcuffed, locked inside a casket, then thrown out of a plane. CNBC's Tyler Mathisen reports he was able to unlock the casket, open his parachute and land safely.

  • What you won’t see in a Chris Christie campaign ad Saturday, 13 Jul 2013 | 11:00 AM ET
    New Jersey Gov. Chris Christie

    New Jersey’s standing in America's Top States for Business has declined since Gov. Chris Christie took office in 2010. It finishes 42nd this year.