Is the sun setting on the Illinois pension system? Unfortunately, the pension situation in Chicago is no better than the Illinois pension situation. Moreover, other states and municipalities outside of Illinois have similar pension funding problems, although not to the same extent as the underfunding disaster in Illinois and Chicago.
What does it mean to be “overconfident?” In technical terms, it means that a person’s subjective confidence in his or her own judgment, ability, or belief is greater than the objective accuracy of that judgment, ability, or belief.
History often repeats itself; when the economy is persistently weak, populism and trade protectionism tend to rise.
Analyzing historical precedents can often provide useful insights. As Mark Twain once said, “history doesn’t repeat itself, but it often rhymes.”
Josh Strauss on WGN News discussing tax reform planning.
“This is an upsetting event to all of us here at United…
I apologize for having to re-accommodate these customers.” Oscar Munoz, CEO of United Continental Airlines