Economic Indicators

WEDC determines Exact Sciences doesn't owe anything

Wisconsin's economic development agency has determined that Madison-based medical diagnostics firm Exact Sciences Corporation doesn't have to repay any tax credits, after the company pledged to return $61,000 for jobs created outside the state.

US housing starts fall, but prior months revised up

U.S. homebuilding unexpectedly fell in May, but data for the prior two months was revised higher and building permits increased, suggesting that the housing market was drawing some support from a sharp decline in mortgage rates.

Correction: Steel Plant-Pollution story

Another fire at U.S. Steel's massive coke plant outside Pittsburgh knocked a key pollution control system offline Monday, triggering a health warning as officials monitored the air around the plant for signs of a release of toxic sulfur dioxide.

Blackout in South America raises questions about power grid

As lights turned back on across Argentina, Uruguay and Paraguay after a massive blackout hit tens of millions people, authorities were still largely in the dark about what caused the collapse of the interconnected grid and tallied the damage from the unforeseen disaster.