Articles

Proposed Illiana Expressway loses key vote

The head of northeastern Illinois’ planning agency called Wednesday for an end to Gov. Pat Quinn’s push for the Illiana Expressway, saying the proposed $1.3 billion tollway south of Chicago into Indiana is “a highway in nowhere land.”

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Obama to nominate Yellen as Bernanke successor

President Barack Obama will nominate Federal Reserve vice chair Janet Yellen to succeed Ben Bernanke as chairman of the nation's central bank, the White House said Tuesday. Yellen would be the first woman to head the powerful Fed.

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Ethics panel to consider possible job changes

The State Ethics Commission this week will review ethics questions from a pair of their officials who may leave their jobs and consider a conflict-of-interest query from Gov. Mike Pence's new lobbyist.

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Families hoard cash five years after financial crisis

One of the biggest drags on the economic recovery is fear. Households are hoarding cash, spending cautiously, avoiding debt, and shifting investments into low-yield (but potentially safer) holdings. When done on a global scale, such prudent moves can starve the economy.

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Indiana sues estate of alleged Ponzi schemer

The state has gone to court to freeze the assets of the estate of a dead Kokomo investment adviser so the money can provide possible restitution to victims of a Ponzi scheme who might include former National Football League players.

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