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Economy Rockford: Report Card for Banks

Posted: 04/28/2010 - Nineteen of the nation largest banks will get a grade this week after the government asses balance sheets and funds meant to survive a prolonged economic downturn. Bill Roop, a local banking expert, explains what these results could mean for our overall banking system.

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Economy Rockford: Paying Back TARP Money

Posted: 04/28/2010 - Several of the 19 largest banks that participated in the recent government stress tests are eager to pay back the money they received from the government’s 700 billion dollar bailout.

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Economy Rockford: Banking on the Banks

Posted: 04/28/2010 - The banking sector has been enjoying some gains recently, causing some to think the worst is actually over for many of these institutions. Rick Bastian tells us why he doesn’t agree.

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Economy Rockford: Give Shareholders a Say in Pay

Posted: 04/28/2010 - The Obama Administration issues new regulations and appoints a pay czar to oversee compensation at some of the nation’s largest companies that took bailout money. We take a closer look at the plan and what it could mean for future salaries.

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Economy Rockford: More Spending is a Waste of Money

Posted: 04/28/2010 - Less than a year ago, congress passed a 787 billion-dollar stimulus program full of tax cuts and spending projects intended to help the economy recover. A local expert says a second round of spending would be nothing more than a waste of money.

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Economy Rockford: Real Estate Crashing Economic Recovery

Posted: 04/28/2010 - First it was the explosion in the residential housing market which led to the collapse of home prices and sales, but experts say the next crisis is in the commercial real estate market. How could this meltdown prolong recovery efforts?

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Economy Rockford: Chrysler Dealers Get Pink Slips

Posted: 04/28/2010 - Chrysler’s announcement yesterday, that it would pull the plug on nearly 800 U.S. dealerships, four here in the Stateline, may not be all bad news, according to one local expert. What will this mean for the future?

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Economic Indicator: Looking Inside Box Sales

Posted: 04/28/2010 - A cardboard box surprisingly can say a lot about our economic climate. Think of all the companies’ manufacturers’ retailers medical suppliers who indirectly use them Everyday. For years experts have said when the box business picks up so does our economy.

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Dunn Steps Down From Airport Authority Board

Posted: 04/28/2010 - A long-time member of the Rockford Airport Authority Board announces his resignation today. His plan now is to focus on another part of the Forest City.

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Chrysler U.S. Sales fall 8 Percent in March

Posted: 04/28/2010 - (AP) -- Chrysler Group LLC says its U.S. sales fell 8 percent last month compared with a year earlier, even though it matched some of Toyota's incentives.

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Durbin Secures Federal Funds for Transportation

Posted: 04/28/2010 - U.S Senator Dick Durbin was in town Today to announce he scored nearly $6 million dollars in federal funding to help build a bus transfer center on Rockford's East side.

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