Economy
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Lindt weighs making chocolate bunnies in US as Trump tariffs hit
Aug 17, 2025 11:00 am - Swiss chocolatier Lindt & Spruengli AG may shift production of its world-famous, gold-wrapped Easter bunnies to the U.S. to sidestep import tariffs imposed by the Trump administration.
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Retail sales rise 0.5% in July as some shoppers step up purchases ahead of tariffs
Aug 16, 2025 10:45 am - Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, even as President Donald Trump's tariffs start to take a toll on jobs and lead to some price increases.
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Libertyville joins most others in enacting local grocery taxAug 14, 2025 8:07 pm - Libertyville will join a majority of communities replacing the state grocery tax with a local version starting Jan. 1.
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Most U.S. stocks fall after a disappointing inflation update, but Big Tech keeps Wall Street steady
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Oakton College’s Workforce Empowerment Initiative receives nearly $1M grant to expand high-impact training programsAug 14, 2025 11:15 am - Oakton College in Des Plaines has received a $941,241 Illinois Workforce Empowerment Initiative grant to expand career training programs that advance economic mobility for students in high-demand fields.
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U.S. producer prices surge in July as Trump tariffs push costs higher
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Economic uncertainty revives interest in barteringAug 13, 2025 10:54 am - The current economic climate, which is seeing the effects of tariffs, cost increases and a slowing job market, is creating uncertainty for not only individuals, but also businesses of all sizes.
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US inflation held steady last month as tariff hit offset by cheaper gas, food
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The Bank of England cuts its main interest rate to 4%, the lowest level since March 2023
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Trump’s broad tariffs go into effect, just as economic pain is surfacing