Business Stories from January 17, 2025 (Change date)
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Suburban congressman who pushed for forced sale of TikTok applauds Supreme Court’s decisionJan 17, 2025 5:35 pm - Among the strongest voices in Congress echoing the FBI’s warnings about TikTok’s danger to national security, Democratic U.S. Rep. Raja Krishnamoorthi of Schaumburg applauded the Supreme Court’s Friday decision to uphold an imminent ban if the platform isn’t sold.
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US economy continues to outperform the rest of the world, IMF saysJan 17, 2025 3:53 pm - The U.S. economy will continue to be the developed world’s best performer in 2025, easily topping Europe and Japan and giving President-elect Donald Trump a running start...
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Old Stadium sports bar and strip mall to be demolished for new QuikTrip gas station in Rolling MeadowsJan 17, 2025 2:40 pm - A QuikTrip fueling center and convenience store will replace a long-standing strip shopping center in Rolling Meadows. The 110,000-square-foot strip mall was anchored by Stadium Sports Club & Pizza for 38 years until it closed a year ago.
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50 minority- and women-owned businesses at Fox Valley Mall recognized ahead of Aurora’s MLK weekend celebrationJan 17, 2025 12:33 pm - With the addition of a handful of new businesses at Fox Valley Mall, the shopping center has reached a significant milestone in expanding diversity in entrepreneurship and creating jobs, according to city officials.
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Why are interest rates rising when the Fed has been cutting them?Jan 17, 2025 11:59 am - NEW YORK — What’s shaking Wall Street seems so backwards. Swings in the bond market recently sent the yield on the 10-year Treasury above 4.80% and its highest level sin...
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IRS is sending out automatic stimulus payments. Who is getting them?Jan 17, 2025 11:50 am - The IRS is distributing about $2.4 billion to taxpayers who didn't receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will re...
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Supreme Court upholds law banning TikTok if it's not sold by its Chinese parent companyJan 17, 2025 9:17 am - WASHINGTON (AP) — The Supreme Court on Friday unanimously upheld the federal law banning TikTok beginning Sunday unless it's sold by its China-based parent company, holdi...
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