Business Stories from July 3, 2025 (Change date)
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Will tariffs put a damper on future fireworks shows?Jul 03, 2025 10:02 pm - Relax fireworks fans, the dazzling displays you’ve come to love will take place this holiday weekend as planned (barring the rain forecast for Friday and Sunday). However, some warn that future displays may not be as spectacular if proposed tariffs go into effect against China, a primary fireworks supplier.
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In a big bill that hurts clean energy, residential solar likely to get hit fastJul 03, 2025 10:57 am - As Republicans in Congress rushed forward with a massive tax and spending cut bill, a North Carolina renewable energy executive wrote to his 190 employees with a warning: Deep cuts to clean energy tax credits were going to hurt.
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Why some fear government data on the U.S. economy is losing integrityJul 03, 2025 10:51 am - U.S. policymakers are increasingly anxious about the integrity of certain government benchmarks, the crucial data points that help the Federal Reserve assess the economy’...
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Powell silence on his future complicates Trump Fed chair searchJul 03, 2025 10:45 am - As President Donald Trump and his advisers begin weighing replacements for Federal Reserve Chair Jerome Powell, they’re running into one significant complication: It’s not clear that Powell will leave the US central bank next year.
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Toyota on Edens dealership opens in NorthbrookJul 03, 2025 9:59 am - The Gurley Leep Automotive Family recently opened its new dealership, Toyota on Edens, at 1530 W. Frontage Road in Northbrook.
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‘We’re adaptable’: Libertyville brothers shift focus to acai bowls, their third food-related venture in seven yearsJul 03, 2025 9:32 am - First it was Chrissoulas then West Side Ramen, but the two brothers behind those restaurants in downtown Libertyville recently left their familiar corner to open a completely different venture in Vernon Hills, and soon in Lake Geneva.
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Kona Ice launches in Round Lake Beach at July 5 BeachFestJul 03, 2025 9:17 am - Jessica Tcholakov and her husband, Ivan, are launching their own Kona Ice business in Round Lake Beach Saturday.
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The House gives final approval to Trump’s big tax bill and sends it to him to signJul 03, 2025 8:15 am - House Republicans propelled President Donald Trump’s$4.5 trillion tax breaks and spending cuts bill to final congressional passage Thursday, overcoming multiple setbacks to approve his signature second-term policy package before a Fourth of July deadline.
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U.S. labor market surprises with 147,000 new jobs last month. Here are the big takeawaysJul 03, 2025 8:06 am - Fewer Americans applied for unemployment benefits last week as layoffs in the U.S. remain low despite uncertainty about how tariffs will impact the economy.
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