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.

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.

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.

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.

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.

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.

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.

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.

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.

Short-term agreement reached for farm legislation

WASHINGTON, D.C. (CNN) -- Following increased pressure to pass farm legislation by the end of the year, Democratic Sen.

Business Journal Report (12-29-12)

MILWAUKEE -- A new restaurant has opened in place of the old Palermo Villa.

Unemployment rates increased in most Wis. cities, counties

MADISON (AP) -- Unemployment rates increased in most Wisconsin cities and counties between October and November.

U.S. jobless aid applications fall to five-year low

WASHINGTON (AP) — The average number of people seeking U.S. unemployment benefits over the past month fell to the lowest level since March 2008, a sign that the job market is healing.

Business Journal Report (12-27-12)

In business news for Thursday, December 27th, 2012 -- The average number of people seeking unemployment benefits has fallen to a five-year low.

What happens to the economy if we go over the cliff?

NEW YORK (CNNMoney) -- Five days left: It's looking more and more like Washington may not get a deal done in time to avert the fiscal cliff.

Down to the fiscal cliff wire, with no solution in sight

(CNN) -- Call it a bigger, bolder version of the deadline-driven congressional stalemates over taxes and spending that have come to define Washington dysfunction of the past two years.

Wisconsin unemployment rate drops to 6.7 percent

MADISON (AP) -- Wisconsin's unemployment rate has dropped to 6.7 percent for November while the state added 10,300 private sector jobs.