Business Stories from August 7, 2025 (Change date)
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Speakers give pros, cons against Nicor gas price increase requestAug 07, 2025 9:31 pm - People Thursday spoke for and against Nicor’s proposed $316 million natural gas rate increase, at a hearing in Elgin.
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Mother-daughter team opening Mount Prospect art studioAug 07, 2025 4:37 pm - A mother-daughter tandem will open an art studio in Mount Prospect.
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Krishnamoorthi leading investigation into license plate readersAug 07, 2025 2:08 pm - U.S. Rep. Raja Krishnamoorthi is demanding answers from the leading provider of automatic license plate readers about the use of their cameras to gain information about immigrants and those seeking abortion services.
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Wall Street drifts as stock markets worldwide take Trump's new tariffs in strideAug 07, 2025 11:57 am - Stocks are slipping on Wall Street Thursday after President Donald Trump’s latest tariffs took effect on dozens of countries.
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Leasing underway for luxury apartment complex in GurneeAug 07, 2025 11:36 am - Leasing has begun for a new luxury apartment complex in Gurnee.
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ComEd closes customer relief fund amid high demand, rising energy costsAug 07, 2025 9:50 am - Citing high demand, ComEd has closed the customer relief fund it launched in early July, which aimed to offset the effects of rising energy prices on residents and nonprofits most affected by them.
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US applications for jobless benefits rise modestly, but remain in a range considered healthyAug 07, 2025 7:47 am - The number of Americans filing for jobless benefits rose modestly last week, a sign that employers still retaining workers despite economic uncertainty related to U.S. trade policy.
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The Bank of England cuts its main interest rate to 4%, the lowest level since March 2023Aug 07, 2025 6:50 am - The Bank of England cut its main interest rate Thursday by a quarter percentage point to 4%, as policy makers seek to bolster the sluggish U.K. economy.
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Trump’s broad tariffs go into effect, just as economic pain is surfacingAug 07, 2025 6:37 am - President Donald Trump began levying higher import taxes on dozens of countries Thursday, just as the economic fallout of his monthslong tariff threats has begun to create visible damage for the U.S. economy.
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