Economy

Orders for durable goods up 0.7% in June

WASHINGTON (AP) — Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans.

Orders for durable goods increased 0.7 percent in June on a seasonally adjusted basis following a 1 percent decline in May, the Commerce Department reported Friday.


IMF cuts U.S., global growth forecasts for 2014

WASHINGTON (AP) — The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies.


Marijuana-friendly ordinances OK'd

URBANA — It's high time to let medical marijuana cultivators and dispensaries open up shop in town, city officials say.

What's your take? Tell Tom Kacich here


Layoffs getting to be more rare

WASHINGTON (AP) — The risk of losing your job is getting smaller and smaller.


U.S. new-home sales plummet in June

WASHINGTON (AP) — Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy.

New home sales fell 8.1 percent last month to a seasonally adjusted annual rate of 406,000, the Commerce Department said Thursday. The report also revised down the May sales rate to 442,000 from 504,000.


Illinois American Water expanding corporate office

BELLEVILLE (AP) — A water utility is expanding its corporate office in southwestern Illinois.

Illinois American Water says the $1.4 million project at its Belleville location includes a 5,200-square-foot building that will provide more office and storage space.

The Belleville News-Democrat reports (http://bit.ly/1rLzIie ) construction is expected to be completed this fall.


Economy still sluggish, but it may be stronger

WASHINGTON (AP) — Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.


Consumer prices up 0.3% in June

WASHINGTON (AP) — U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.

Prices rose 0.3 percent in June following a 0.4 percent rise in May, the Labor Department reported Tuesday. The May increase had been the biggest one-month gain in more than a year.


Home sales increase 2.6% in June

WASHINGTON (AP) — Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.


Family Checkbook: Finding and using valuable resources

By Kathy Sweedler

As we move through our lives, different challenges and needs tend rise. In my own family, our needs have changed over time.

When I had young children, I was concerned with finding quality child care and used clothing and toys. As family members aged, we needed home delivery of meals, medical care support and transportation services.


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