Economy Page Layout

Aerospace Industry Looks Local for Future Workforce
Last Updated: 5:52 PM 05/23/12 - The aerospace industry is also turning to the youth in an effort to expand its industry with locally employees.
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Youth Build Rockford and Americorps Hiring Teens
Last Updated: 12:12 PM 05/21/12 - Teenagers have a chance to make a difference in the Rockford region and in their own lives.
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Facebook Stock Jumps in Public Debut
Last Updated: 12:46 PM 05/18/12 - Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market.
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Illinois Adds 140,700 Private Sector Jobs Since Recovery
Last Updated: 5:25 PM 05/17/12 - April Unemployment Rate Drops to 8.7 Percent, Eighth Consecutive Decline
Eurozone Woes, Looking at Growth
Last Updated: 1:10 PM 05/16/12 - Hollande, Merkel Pledge to Seek Growth for Europe
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Geithner: JPMorgan Loss Shows Need for Tough Rules
Last Updated: 1:32 PM 05/15/12 - Treasury Secretary Tim Geithner says that the recently disclosed $2 billion trading loss by JPMorgan Chase "helps make the case" for tougher rules on financial institutions, as regulators continue to implement the 2010 law aimed at policing Wall Street.
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New Attention on Bank Investments after JPMorgan Loss
Last Updated: 11:43 AM 05/11/12 - The disclosure of a $2 billion loss by JPMorgan Chase is reviving the debate about whether banks can be trusted to handle risk on their own.
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Oil Falls on Slower Chinese Production Growth
Last Updated: 11:38 AM 05/11/12 - The price of oil is falling after reports that China's rapid growth appears to be slowing down.
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Stocks Turn Higher Despite JPMorgan Loss
Last Updated: 11:36 AM 05/11/12 - Investor confidence around the world has been shaken by news of a big surprise trading loss at JPMorgan Chase.
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Rockford Casino Still an Option for Lawmakers
Last Updated: 11:59 PM 05/09/12 - Illinois lawmakers are working in Springfield this week and on their agenda a gaming bill that didn't get enough support last year.
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25 Local Companies Looking for New Workers at Job Fair
Last Updated: 11:37 PM 05/09/12 - Around 25 local companies from Freeport to Rockford and Belvidere were all under one roof looking for new employees.
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Teen Summer Job Fair
Last Updated: 12:00 AM 05/10/12 - Thursday is national Summer Job Fair Day and one organization is giving teens still looking for work a leg up on the competition.
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Gas Prices on the Decline
Last Updated: 4:32 PM 05/09/12 - The price of gas will continue to be a hot topic in the presidential campaign, but nationally prices have actually been on the decline.
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Job Fair Wednesday at the Tebala Shrine Temple
Last Updated: 11:12 PM 05/08/12 - The Rockford Register Star holding a job fair from 10:00 a.m. to 3:00 p.m.
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City of Rockford Approves Financial Help for Local Bars
Last Updated: 11:21 PM 05/07/12 - Rockford City Council doled out federal money to help some new bar owners get up and running.
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Rockford Weekly Gas Price Update and Outlook
Last Updated: 5:41 PM 05/07/12 - Average retail gasoline prices in Rockford have fallen 5.1 cents per gallon in the past week, averaging $3.77/g yesterday. This compares with the national average that has fallen 2.9 cents per gallon in the last week to $3.77/g, according to gasoline price website RockfordGasPrices.com.
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11-Peat: Home Sales up in the Stateline for the 11th Straight Month
Last Updated: 11:24 PM 05/07/12 - Great news for the Stateline housing market: for the 11th straight month the number of home sales are up compared to last year.
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Governor's Tax Bill Up $3,300 as IL Rate Climbs
Last Updated: 10:24 PM 05/04/12 - Gov. Pat Quinn's Illinois tax bill jumped more than $3,300 in the first year of the state's higher income tax rate
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Growth Dimensions: Bio Based Auto Parts
Last Updated: 11:37 PM 05/03/12 - It's a marriage of two stateline strengths: Automotive meets Agriculture.
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Local Architect Gary Anderson Receives Major Award
Last Updated: 11:25 PM 05/03/12 - Some major recognition for local architect Gary Anderson.
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Ignite Speaks: Rockford Summer Fun
Last Updated: 11:36 PM 05/03/12 - The young professionals group Ignite talks about what they are most looking forward to doing in the Forest City once the weather is nice.
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Bioengineering Automotive Parts in the Stateline
Last Updated: 3:53 PM 05/03/12 - Some day soon more of the parts made at the Chrysler Plant could contain bio-based materials. That's the goal of Growth Dimensions Ag Tech Initiative.
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No Break for Chrysler: Production to Continue All Summer
Last Updated: 5:44 PM 05/03/12 - No summer break means a little more money for workers at Chrysler's Belvidere plant.
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Gov. Quinn Will Approve Child-Care Legislation
Last Updated: 12:18 AM 05/19/12 - After weeks of uncertainty, local child care providers will get paid after all.
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Illinois Treasurer Rutherford Visits Belvidere
Last Updated: 11:12 PM 05/02/12 - Illinois Treasurer Dan Rutherford stopped by Infrastructure Defense Technologies Wednesday.
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Chinese Delegation Visits Rockford Lutheran High School Class
Last Updated: 12:04 PM 05/08/12 - A Chinese delegation from Yucheng High School were in the Forest City Wednesday visiting students at Lutheran High School.
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Economic Growth Strong Enough to Close Temporary Unemployment Insurance Program
Last Updated: 5:43 PM 05/02/12 - Long-Term Unemployed Should Visit IllinoisJobLink.com
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UPDATE: Treazured Memories Opens in Downtown Rockford
Last Updated: 11:20 PM 05/01/12 - Treazured Memories opened up shop on West Jefferson Street just around the corner from the Coronado Theater.
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Centre 1 Bancorp, Inc. Reports Record Earnings for 2011
Last Updated: 12:10 PM 05/01/12 - On April 27, 2012, the Annual Meeting of Shareholders of Centre 1 Bancorp, Inc., the holding company for First National Bank and Trust Company, was held in Beloit, Wisconsin.
Chrysler Sales Rise 20 Percent in April
Last Updated: 11:30 AM 05/01/12 - Chrysler says its U.S. sales rose 20 percent last month on strong demand for Jeep and Chrysler brand cars and trucks.
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Dodge Dart Enters Production
Last Updated: 5:37 PM 04/30/12 - Today marks the official production launch of Chrysler's newest model and soon you will be seeing more darts at the Belvidere plant than you will at any English Pub.
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Computer Pros Expands to Freeport
Last Updated: 12:47 PM 04/30/12 - Since August 2006, Computer Pros has been offering the area a wide array of services out of its Pearl City office. Monday April 30th will mark another milestone for the company as they open their second location at 340 N Park Blvd in Freeport.
Stateline Unemployment Drops as Chrysler Adds 700 Jobs
Last Updated: 10:37 PM 04/26/12 - It took just one month for Rockford to regain the title of Illinois's unemployment leader, but that's the only bit of bad news that could be found in today's unemployment report.
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Unemployment Falls in Every Metro Area Across Illinois
Last Updated: 3:35 PM 04/26/12 - More than 142,000 Private Sector Jobs Added Since Recovery.
Chrysler VIP Keynote Speaker at Annual Growth Dimensions Spring Banquet
Last Updated: 11:27 PM 04/25/12 - Chrylser"s Brian Glowiak was the keynote speaker at Belvidere's Annual Growth Dimensions Spring Banquet.
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Savant Capital Group & The Monitor Group Combine Firm
Last Updated: 11:07 PM 04/25/12 - Savant Capital Group is joining forces with The Monitor Group, creating Savant Capital Management LLC.
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Caffiend, Inc. Ribbon Cutting
Last Updated: 5:08 PM 04/20/12 - Caffiend, Inc. has joined the Roscoe Area Chamber of Commerce and celebrated with a ribbon cutting on Tuesday, April 17, 2012 at 5066 Rockrose Court in Roscoe.
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New Bar and Grill to Add 60 Jobs
Last Updated: 7:13 PM 04/22/12 - The job search may become more difficult in the next few months as the labor department says fewer states are adding to the payroll.
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Unemployment and the Job Search
Last Updated: 2:03 PM 04/20/12 - The job search may become more difficult in the next few months: the labor department says fewer states are adding to the payroll.
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Valli Produce Opens Rockford Location
Last Updated: 10:53 PM 04/19/12 - Valli Produce is now open for business in the former old time Pottery on East State Street in Rockford.
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Public Meeting to Stop Winnebago Landfill Expansion
Last Updated: 10:52 PM 04/18/12 - An emotional meeting tonight for Stateline residents in one neighborhood who met to brain storm how to stop the Winnebago Landfill from expanding.
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Bankrupt Airline Direct Air to Liquidate Assets
Last Updated: 11:26 PM 04/16/12 - According to media outlets in Massachusetts, a bankruptcy judge has ordered Direct Air into a forced liquidation.
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GOP Derails Senate 'Buffett Rule' Taxes on Wealthy
Last Updated: 10:43 PM 04/16/12 - Senate Republicans derailed the Democratic "Buffett Rule" bill Monday.
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Assured Staffing Holds Job Fair
Last Updated: 11:28 PM 04/16/12 - If you're looking for a job, get your resume ready for a staffing agency looking to help.
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Proposed Illinois Bill Aimed at Trimming Gas Taxes to Lower Price
Last Updated: 5:30 PM 04/13/12 - Now that gas prices in Illinois are near four dollars a gallon, many of us are finding ways to cut costs where we can. A new bill proposed by a local state representative might take some of that burden away.
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New Farm and Fleet Location Opens in Rockton Tomorrow
Last Updated: 5:36 PM 04/11/12 - 23 News walked through the new Farm and Fleet store in Rockton and looked at the opening and its benefits to the Rockton community.
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Smart Devices Installed Winnebago County Vehicles
Last Updated: 11:43 PM 04/10/12 - Some Winnebago County squad cars, utility vehicles and heavy duty vehicles were installed with smart emissions reducers
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New Partnership Could Mean More Conventions in Rockford
Last Updated: 5:39 PM 04/10/12 - More than one million dollars could be headed to the Rockford Area thanks to a new partnership.
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Chrysler Recalling Jeep Compass and Patriot
Last Updated: 10:19 PM 04/06/12 - Chrysler is recalling two Jeeps made right here in Belvidere, because gas tank valves could leak and cause a fire in a crash.
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US Economy Adds 120K Jobs, Jobless Rate at 8.2 Pct
Last Updated: 3:26 PM 04/06/12 - Employers pulled back sharply on hiring last month, a reminder that the U.S. economy may not be growing fast enough to sustain robust job growth. The unemployment rate dipped, but mostly because more Americans stopped looking for work.
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