Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House.
Longtime unconventional Addison shopkeeper Ed Gombos is considering retirement in the wake of a recent robbery and an uncertain future at his shop’s current location.
The Chicago area’s suburban housing market is heating up again, with more homes under contract in May, even as prices continue to increase. Pending sales rose in both the detached and attached markets, signaling strong buyer interest.
The Supreme Court on Friday rejected a push from a Vernon Hills toy company asking for a quick decision on the legality of President Donald Trump’s tariffs.
ADC Technologies acquired Vesco in 2024. The merged companies held a ribbon cutting to celebrate their new combined operations in Montgomery, offering IT and printing services to small and medium businesses.
Mount Prospect trustees this week approved a conditional use allowing a transfer of ownership at 92 Smoke & Vape, 1703 W. Algonquin Road.