Two outlet malls are racing to build in what some say is one of the most valuable retail areas in America -- the Chesterfield Valley. If both are built, the companies would compete with each other, the Chesterfield Commons strip mall and the nearby Chesterfield Mall, risking financial failure.
Sydney Miller examines what it is about the Chesterfield region that makes it so attractive.
The middle class. An enigma of socioeconomic standing often used as a barometer of the United States as a whole. Perhaps you identify with the term 'middle class,' or perhaps you don't, but the newest data from Pew Social & Demographic Trends is something to see. Check it out, with reporting from NPR's The Two-Way, via the link.
The researchers at Pew Social & Demographic Trends aren't holding back in their new report on the middle class. It calls the last 11 years, "the lost decade" for the country's middle class. The highlight from the report issued today is that the middle class is poorer, earning less and shrinking.
The $100 million project would be built on the north side of Busch Stadium and would contain space for retail stores, restaurants, an open-air event space with a retractable roof, and a St. Louis Cardinals Hall of Fame and Museum. Team President Bill DeWitt III says the project got sidetracked by the economic crisis that hit the country four years ago.
Updated at 2:40 p.m. with more details of the plan, expanded comments from CVC president Kitty Ratcliffe.
Will be updated.
The St. Louis Convention & Visitors Commission says it sent a new version of a plan to revamp the Edward Jones Dome to the St. Louis Rams.
The plan, which the CVC sent to the Rams on Friday, is the latest salvo in the efforts by the CVC and the Rams to made the Edward Jones Dome a "top-tier" facility - generally thought to mean among the eight best stadiums in the National Football League. Without those upgrades, the Rams can break their lease on the Dome after 2015.
So I was looking through an old Census report and I found a chapter entitled "Children in Gainful Occupations." Turns out, about 1 million children age 10 to 15 were working in America in 1920 (out of a total population of 12 million kids in that age range).
Illinois' unemployment rate increased again in July with the loss of thousands of government and hospitality jobs.
The Illinois Department of Employment Security said Thursday that the July unemployment rate hit 8.9 percent. That's up from 8.7 percent in June and was the second straight increase after nine months of steady decreases.
Department Director Jay Rowell says the increase was expected since national unemployment continues to rise. Rowell adds that declines in government employment are likely to continue.
Originally published on Fri August 10, 2012 9:45 am
Saying it wants "to protect homeowners from surprises and costly mistakes by their mortgage servicers," the Consumer Financial Protection Bureau today proposed new rules it believes would make the home loan process simpler and give struggling homeowners more of a chance to avoid foreclosures.
Missouri utility regulators have given approval for what Ameren Missouri calls the most aggressive energy efficiency plan ever in the state.
Under the plan approved Wednesday by the Missouri Public Service Commission, Ameren will invest $147 million over three years in several programs that seek to reduce electricity use by 800 million megawatt-hours.
The plan was part of a negotiated settlement among Ameren, PSC staff, consumer advocates and environmental groups.