SPRINGFIELD, Ill. (AP) — Illinois unemployment fell in August to 6.7 percent, the sixth straight monthly decrease in the state's jobless rate, according to figures released Thursday by the Illinois Department of Employment Security.
PAUL WISEMAN, AP Economics Writers
MARTIN CRUTSINGER, AP Economics Writers
URBANA — Frasca International has trimmed about 14 positions in the last month, largely as a result of a slowdown in orders, company President John Frasca said.
The Urbana-based company, which still employs more than 180, makes flight simulators used to teach pilots how to fly single-engine aircraft, commercial aircraft, passenger airplanes, military training aircraft and helicopters.
By Kathy Sweedler
Do you ever feel like your money is disappearing and you don't know where it's going? I know many people do!
We can take control of our spending and "find" dollars, but starting can be overwhelming.
JOSH BOAK, AP Economics Writer
WASHINGTON (AP) — Income inequality is taking a toll on state governments.
URBANA — You can be Illini football coach Tim Beckman's next-door neighbor for $115,000. For a bit less, you can live on athletic director Mike Thomas' street for $100,000.
Don't run to your real estate agent too quickly, though — that will get you a lot, but you'll still have to build the house.
CHAMPAIGN — Don't expect Mahendra Patel to follow the lead of CVS in taking tobacco products off the shelves.
Patel, the manager of University Food and Liquor in Champaign, said cigarettes and other tobacco products account for 15 percent to 20 percent of sales at his convenience store at University Avenue and State Street.
NEW YORK (AP) — RadioShack's credit rating was downgraded by Fitch Ratings Friday, a day after the electronics retailer warned it may need to file for Chapter 11 bankruptcy protection.