Economy

Economy

Sears cuts a deal with Amazon

HOFFMAN ESTATES (AP) — Sears will begin selling its appliances on Amazon.com, including smart appliances that can be synced with Amazon's voice assistant, Alexa.The announcement Thursday sent shares of Sears soaring more than 18 percent at the opening bell. The tie-up with the internet behemoth could give shares of the storied retailer one of its biggest one-day percentage gains ever.

Trump's push for made-in-America goods elusive even for him

WASHINGTON — President Donald Trump's push this week to get Americans to buy goods "made in America" is harder than it might seem.

Even for Trump.

Entertainment listings, July 20-27, 2017

EVENTS

This weekend

IROQUOIS COUNTY FAIR

What: Traditional fair events including queen pageant, demo derby, wild World of Animals, horse shows, livestock, Nick Lynch Band, 4-H, tractor pull and talent show.

When: July 20-24.

Where: Fairgrounds,1390 E. 2000 N. Road, Watseka.

Housing starts rebound in June

WASHINGTON (AP) — Homebuilders ramped up construction in June to the fastest pace in four months, led by surges in the Northeast and Midwest.

Proposed downtown project a symbiosis of MTD's, developer's plans

CHAMPAIGN — In November 2015, developer Hans Grotelueschen announced ambitious plans for a $95 million project at Washington and Walnut streets.

Wall Street giant looking to make inroads on Main Street

NEW YORK — More homeowner, less hedge-fund titan. Goldman Sachs, long known for its super-rich clients and well-connected executives, is starting to act a lot more like a neighborhood bank.

Rising interest rates boost Bank of America's profits

NEW YORK (AP) — Consumer banking giant Bank of America reported a 10 percent rise in second-quarter profits on Tuesday as gains from higher interest rates were more than enough to offset a drop in trading revenue.

Homebuilder sentiment declines in July

U.S. homebuilders are feeling less optimistic about their sales prospects, although their overall outlook remains positive.

The National Association of Home Builders/Wells Fargo builder sentiment index, released Tuesday, declined to 64 this month. That's down two points from a downwardly revised reading of 66 in June and the lowest level since November.

Family Checkbook: Do your research for student-loan repayment

By KATHY SWEEDLER

After college graduation, what's next? For about 7 out of 10 college graduates, one of the next steps is repaying their student loans. Repaying loans is definitely not as much fun as graduation parties but is part of post-college life. It's easy to want to put it off until "tomorrow," but delaying taking action is not a good strategy.

Retailers balancing price, eco-friendliness for back-to-school season

NEW YORK — For the back-to-school season, many parents and their kids are thinking green.

Concerns about the environment have them looking for secondhand clothing or fashions made from reused material — but price still rules. Shoppers want quality and style in backpacks, jeans and the like without spending a lot more money.