Sequestration may soon impact Wisconsin's unemployed
MILWAUKEE (WITI) -- The looming threats of sequestration will soon hit some of Wisconsin's unemployed.
MILWAUKEE (WITI) -- The looming threats of sequestration will soon hit some of Wisconsin's unemployed.
Business Journal Report (3-14-13)
In business news for Thursday, March 14th, 2013 -- The Department of Labor released a better than expected weekly report on initial jobless claims.Additionally, Amazon is cutting the price of its Kindle Fire HD.
In business news for Thursday, March 14th, 2013 -- The Department of Labor released a better than expected weekly report on initial jobless claims.Additionally, Amazon is cutting the price of its Kindle Fire HD.
What's in proposed budget of GOP's Paul Ryan?
NEW YORK (CNNMoney) -- Republican House Budget Chairman Paul Ryan proposed Tuesday to eliminate the annual deficit by 2023, in large part by cutting projected spending growth over the next decade by roughly $5 trillion.The plan, which contains many of the same provisions he offered last year, hits all the GOP high notes: less spending, lower tax rates and a rejection of most of President Obama's health reforms.Ryan's proposal represents the start of a months-long process on Capitol Hill aimed at enacting a budget for the 2014 fiscal year, which begins in October.On Wednesday, Democratic Senate Budget Chairman Patty Murray will put out her own 2014 proposal that is expected to contrast sharply with Ryan's.But the two sides are likely to view each other's budget proposal as dead on arrival.While Democrats and Republicans have called a truce in their fight over this year's budget, vowing to work to avoid a government shutdown later this month, but they remain sharply divided over broad fiscal policy for 2014 and beyond.Still, their plans set the boundaries as lawmakers try to negotiate some kind of middle ground.Here are the main provisions of Ryan's budget proposal.BALANCED BUDGETRyan's proposal doesn't detail all of the assumptions he makes about certain variables like economic growth or when some of his proposals would go into effect.
NEW YORK (CNNMoney) -- Republican House Budget Chairman Paul Ryan proposed Tuesday to eliminate the annual deficit by 2023, in large part by cutting projected spending growth over the next decade by roughly $5 trillion.The plan, which contains many of the same provisions he offered last year, hits all the GOP high notes: less spending, lower tax rates and a rejection of most of President Obama's health reforms.Ryan's proposal represents the start of a months-long process on Capitol Hill aimed at enacting a budget for the 2014 fiscal year, which begins in October.On Wednesday, Democratic Senate Budget Chairman Patty Murray will put out her own 2014 proposal that is expected to contrast sharply with Ryan's.But the two sides are likely to view each other's budget proposal as dead on arrival.While Democrats and Republicans have called a truce in their fight over this year's budget, vowing to work to avoid a government shutdown later this month, but they remain sharply divided over broad fiscal policy for 2014 and beyond.Still, their plans set the boundaries as lawmakers try to negotiate some kind of middle ground.Here are the main provisions of Ryan's budget proposal.BALANCED BUDGETRyan's proposal doesn't detail all of the assumptions he makes about certain variables like economic growth or when some of his proposals would go into effect.
U.S. economy adds 236K jobs in February, rate falls to 7.7%
NEW YORK (CNNMoney) -- U.S. employers ramped up their hiring in February, helping to lower the unemployment rate slightly.The U.S. economy added 236,000 jobs in February, according to a Labor Department report released Friday.
NEW YORK (CNNMoney) -- U.S. employers ramped up their hiring in February, helping to lower the unemployment rate slightly.The U.S. economy added 236,000 jobs in February, according to a Labor Department report released Friday.
Look to the lake: Milwaukee's economy depends on freshwater technology
MILWAUKEE (WITI) -- The name Milwaukee comes from a native American phrase meaning "good land" but it's the good water all around us that may keep us economically afloat in years to come.
MILWAUKEE (WITI) -- The name Milwaukee comes from a native American phrase meaning "good land" but it's the good water all around us that may keep us economically afloat in years to come.
Gov. Scott Walker set to unveil budget plan this week
MADISON (WITI) -- This week, Gov.
MADISON (WITI) -- This week, Gov.
Gov. Walker's budget will likely put more focus on mental health services
MADISON (WITI) -- Gov.
MADISON (WITI) -- Gov.
Gov. Walker hints at a state budget weighted toward business
MADISON (WITI) -- Gov.
MADISON (WITI) -- Gov.
Jobs report: Employers hired 157,000 workers in January
NEW YORK (CNNMoney) -- The jobs recovery continued to crawl forward in January, as employers hired 157,000 workers, the Labor Department said Friday.
NEW YORK (CNNMoney) -- The jobs recovery continued to crawl forward in January, as employers hired 157,000 workers, the Labor Department said Friday.
Government cutting unemployment benefits for long-term unemployed
MILWAUKEE (WITI) -- Wisconsin's economy has improved, and now, the federal government is cutting unemployment assistance for some of the long-term unemployed.
MILWAUKEE (WITI) -- Wisconsin's economy has improved, and now, the federal government is cutting unemployment assistance for some of the long-term unemployed.
State of Illinois' credit rating drops to lowest in nation
ILLINOIS (WITI) -- The state of Illinois takes a big financial hit after its credit rating dropped to the lowest in the nation.
ILLINOIS (WITI) -- The state of Illinois takes a big financial hit after its credit rating dropped to the lowest in the nation.
Paul Ryan questions Obama's grasp of economy
(CNN) -- Former GOP vice presidential nominee Rep.
(CNN) -- Former GOP vice presidential nominee Rep.
Jobs with the lowest (and highest) unemployment
NEW YORK (CNNMoney) -- Want a guaranteed job?
NEW YORK (CNNMoney) -- Want a guaranteed job?
December jobs report: Hiring and unemployment steady
NEW YORK (CNNMoney) -- The job market ended 2012 with more growth, as moderate hiring continued at the end of the year.
NEW YORK (CNNMoney) -- The job market ended 2012 with more growth, as moderate hiring continued at the end of the year.
Gov. Walker says fiscal cliff deal will affect state's 2013 budgeting
MILWAUKEE -- The fiscal cliff will be felt in Wisconsin.
MILWAUKEE -- The fiscal cliff will be felt in Wisconsin.
Anxiety among unemployed concerning fiscal cliff negotiations
MILWAUKEE -- While the nation teeters on the edge of the so-called fiscal cliff, tens of thousands of Wisconsinites are already feeling the pinch of the Congressional gridlock.
MILWAUKEE -- While the nation teeters on the edge of the so-called fiscal cliff, tens of thousands of Wisconsinites are already feeling the pinch of the Congressional gridlock.
Last checks go out for 2.1 million jobless Americans
NEW YORK (CNNMoney) -- Some 2.1 million jobless Americans are receiving their last federal unemployment checks this week if Congress doesn't extend the deadline to file for extended benefits.
NEW YORK (CNNMoney) -- Some 2.1 million jobless Americans are receiving their last federal unemployment checks this week if Congress doesn't extend the deadline to file for extended benefits.
It's official: U.S. hit debt ceiling on New Year's Eve
NEW YORK (CNNMoney) -- It's official: U.S. debt will reach its legal borrowing limit on Monday, giving Congress about two months before it must raise the debt ceiling or risk causing the government to default on its bills and financial obligations.
NEW YORK (CNNMoney) -- It's official: U.S. debt will reach its legal borrowing limit on Monday, giving Congress about two months before it must raise the debt ceiling or risk causing the government to default on its bills and financial obligations.
With no deal and only hours to go, US economy heads toward 'fiscal cliff'
(CNN) -- With only hours left Monday to avert what economists predict will be a one-two punch to the U.S. economy, Senate Democrats and Republicans were trying to negotiate a last-minute deal aimed at heading off a year-end combination of spending cuts and tax increase that could trigger a new recession.
(CNN) -- With only hours left Monday to avert what economists predict will be a one-two punch to the U.S. economy, Senate Democrats and Republicans were trying to negotiate a last-minute deal aimed at heading off a year-end combination of spending cuts and tax increase that could trigger a new recession.
No fiscal cliff deal will affect every American who earns an income
MILWAUKEE -- Fiscal cliff negotiations continue in Washington, D.C., and it's down to the wire for Congress to reach a deal to keep the nation's economy from going over the cliff.
MILWAUKEE -- Fiscal cliff negotiations continue in Washington, D.C., and it's down to the wire for Congress to reach a deal to keep the nation's economy from going over the cliff.