With gas hovering around $4 a gallon and diesel even higher, business has slowed for Jeff Pilon, general manager at Rick's RV Center on West Jefferson Street. But times are not nearly as tough as one might think.
Stocks skidded lower Thursday after a steeper-than-expected decline in sales of existing homes wiped away some of the market's optimism about upbeat earnings reports. The major indexes each lost more than 1 percent, including the Dow Jones industrial average, which fell more than 125 points.
A Von Maur is coming to the Bridge Street Town Centre, a $1 billion lifestyle mall planned for the city's west side.
Sales of existing homes fell more sharply than expected in June as the housing industry continued to be bruised by the worst slump in more than two decades.
The number of newly laid off people filing claims for unemployment benefits bolted past 400,000 last week as companies trimmed their work forces to cope with a slowing economy and fallout from a collapsed housing market.
The four-day work week might just be an idea whose time has come.
NEW: House approves mortgage reliefStocks skidded lower Thursday after a steeper-than-expected decline in sales of existing homes wiped away some of the market's optimism about upbeat earnings reports. The major indexes each lost more than 1 percent, including the Dow Jones industrial average, which fell more than 125 points.
A Von Maur is coming to the Bridge Street Town Centre, a $1 billion lifestyle mall planned for the city's west side.
Sales of existing homes fell more sharply than expected in June as the housing industry continued to be bruised by the worst slump in more than two decades.
The number of newly laid off people filing claims for unemployment benefits bolted past 400,000 last week as companies trimmed their work forces to cope with a slowing economy and fallout from a collapsed housing market.
The four-day work week might just be an idea whose time has come.
Will Co. UPS driver wins state title
Wall Street advances again
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Shorewood man helps lead DOE's office in Chicago
Business Briefs
Lifestyle mall plan on time
Lemont lab to recycle junked cars
Caterpillar profits soar
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Wall Street uses oil to power its skyrocket
WHAT WOULD IT COST?:
Settlement could affect your bill
Business Briefs
Herald News to move from current office
Herald News will be on the move
Audiologists are all ears
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Economy tightens up in June
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Fannie, Freddie failure felt everywhere
Business Briefs
Will, Kendall counties lauded for job growth
Briefcase
Bolingbrook hospital foundation's board grows
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Woman indicted in mortgage fraud case
Web networking photos used as evidence
When Batman needs a tow ...
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Starbucks to close 3 Will County shops
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Business Briefs
Briefcase
CenterPoint's traffic effects raise concerns
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New home construction falls
June unemployment highest since '93
Truckers ticketed for poor English skills
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Truck company to open Joliet hub
Briefcase
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Truck company plans Joliet hub
Cheers! It's Miller (and Coors) time, Chicago
Bernanke gives economic warning
Business Briefs
Gas ignites inflation
New First Community Bank to offer its stock in mid-July
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Economy in depths of despair
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BERNANKE: 'Numerous difficulties' facing economy
Business Briefs
Sources: Expansion funded chain
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Bush's offshore intent needs Congress
Fed adopts rules to protect homebuyers
What goes in Hawaii won' t stay there
Oil prices result in record pump prices
Grundy chamber builds a 'better community'
Paintball pioneer also ingenious inventor
Area loaded with staycation locales
Stock may be a gamble, but it's also intriguing
Business Briefs
Briefcase
Business Calendar
iPhone launch flawed, faithful told to go home
Bush says Congress has gas problem
Benihana founder dies at 69
Analysis: A new financial crisis at the worst time
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College Hunks ready to recycle your junk
Paulson: Mortgage firms high on our list
Edward among tops for tummies
Trade deficit narrows
Federal deficit swells
OIL SPIKES: Winter forecast: bleak
Business Briefs
What if Wall Street firm collapses?
Steve & Barry in trouble; some stores start closing
Morris sleep center puts you at ease
Media group's sites get 54.6 million views
Dow stumbles into gain
Feds say more power needed to insulate economy
Oil rises on OPEC report
Investors fear losing Fannies ... and Freddies
June retail sales soar on bargains, rebate
Cancellations leaving airline passengers stranded
OIL PRICES: Rebounding sharply
Business Briefs
Tourists coming to Will Co. with money
Peapod sprouting local savings
Business Briefs
Nominations open for family business awards
Frugal phone service comes with catch
Wall Street rallies as oil slides
Feds may offer more loans ... but
Feds issue lending restrictions
Consumers boost borrowing in May
Lemont awaits tenants for Front Street Lofts
Business Briefs
Bolingbrook mayor announces United Way event
Dow down and dizzy after wild ride
GM planning further cuts
Calling all Frankfort veterans
InBev seeks ouster of Anheuser board
Saving on gas with two wheels
Sugar Grove fest missing key ingredient
More balance in Fido's diet
Rising prices, unemployment equals 'stagflation'
Briefcase
Utah employees go to 4-day week
Local chiropractor makes adjustment
Coupon users get aggressive
Business Calendar
Company won't gamble on Penn buy
Burger King woos moms with healthier meal
Business Briefs
Exchange Club elects board, honors outstanding members
Building trust in troubling times
NEW: Empress parent group terminates merger plans
GLAD THEY ARE: Saudis: Oil suppliers happy
Employers cut 62,000 jobs in June
Dow finishes week up slightly
Chrysler driving toward bankruptcy?
OIL DRILLING: Texas tea off Florida?
5 local businessmen forming a new bank
Business Briefs
Microsoft goes subscription route
Briefcase
Center to officially open
State lottery looking for new vendor
New Lenox mom's calling is chocolate
Wall Street lowest since 2006
Iran not holding oil hostage
Factory orders weak but breathing
Uniforms made in sweatshops?
T-Mobile launches home service today
Briefcase
Market experts say ride out the storm
WALL STREET: New quarter, same worries
Exports boost manufacturing in May
Steve & Barry's in bankruptcy
Cook sales tax highest in nation
GMs eats Toyotas
State minimum wage rises to $7.75 per hour
Even Starbucks scaling back
Briefcase
Business Briefs
Gas prices cut into spending
WALL STREET: Quarter ends with a whimper
Wal-Mart logo getting a makeover
Flooding affects corn yields
Iraq offers six oil fields for bid
The faces of foreclosure
Business Calendar
Newspapers can inspire kindness
Nick's Barbeque marinating in Homer Glen
STIMULATED: Rebate spending in May jumps
WALL STREET: Another big loss
Unemployment rate jumps in Illinois
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Minooka HS board fights for tax base
Briefcase
NEW: Oil soars above $140 a barrel
Silver Cross makes the top 100 once again
HUGE LOSS: Wall drops to lowest level in two years
Gas prices aren't hurting all businesses
Business Briefs
CED: PETCO raid an 'isolated' issue
7,525 county residents didn't file for stimulus
Study: Checks spent on gas
Fed doesn't alter key interest rate
Internet era takes scraps out of scrapbooking
Fed holds rate at 2 percent
Wall Street sees some gains
My kinda ... tower?
AMT gets House OK
Business Briefs
Construction officials push to pass bill
Re/Max unifies operations




