Economy
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Energy prices surge as tanker disruptions and facility shutdowns rattle global supply
Mar 02, 2026 3:08 pm - Energy prices rose sharply Monday as disruptions to tanker traffic through the Strait of Hormuz and damage to production facilities raised uncertainty about how U.S. and Israeli attacks on Iran would affect supply to the world economy.
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Politicians should cut red tape for small businessesFeb 28, 2026 1:27 pm - Each year, legislation is filed, which if passed, places new burdens on small businesses, often with corresponding fines and penalties. This puts small businesses on the defensive, hoping that new regulations do not threaten their viability or ability to grow.
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FedEx joins other US companies in seeking a refund after Trump tariffs are ruled illegal
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Virginia Gov. Abigail Spanberger questions whether Americans feel the ‘golden age’ Trump describes
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Trump on tariffs and ICE: What to expect from State of the Union
Feb 24, 2026 7:59 am - President Donald Trump needs his State of the Union address Tuesday to assuage voters anxious about the economy, foreign policy and even more tariff turmoil.
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US stocks drop after Trump ramps up his tariffs and investors dump potential AI losers
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Illinois has a pension problem, but it’s not what you thinkFeb 21, 2026 12:30 pm - It’s no secret that Illinois has more than $140 million in unfunded pension liabilities. However, the “funded ratio,” or assets divided by liabilities, is up 7% under Gov. JB Pritzker to its highest level in two decades. Pension payments have stabilized at 20% of the budget. But part of this improvement has been on the backs of public service workers.
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President Trump wants to impose 15% tariff, up from 10% he announced after Supreme Court decision
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Inflation rose more quickly than expected in December
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US economy grows at 1.4% rate in the fourth quarter, slower than expected