Economy
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Preapprenticeship is a policy innovation that works for IllinoisSep 06, 2025 1:19 pm - In Illinois, 98% of construction apprentices graduate from programs managed cooperatively between employers and trade unions. These programs offer proven career pathways, but they have not always been accessible to all residents.Preapprenticeship programs have emerged as a viable solution to this problem.
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Americans would save $100B if credit card rates were capped as Trump proposed, researchers say
Sep 06, 2025 12:09 pm - Americans would save roughly $100 billion a year in interest costs if President Donald Trump’s campaign proposal to cap credit card interest rates at 10% were implemented, according to a paper published by Vanderbilt University on Thursday.
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Podcasters and influencers: The unexpected jobs covered under Trump’s ‘no tax on tips’ plan
Sep 04, 2025 1:09 pm - Golf caddies, blackjack dealers and house painters are among the jobs covered under the Trump administration's preliminary list of occupations not required to pay income tax on their tips under Republicans' new tax cuts and spending bill.
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Illinois’ tourism push includes millions for NASCAR events
Sep 03, 2025 5:15 pm - Illinois has spent nearly $7 million to sponsor a Metro East NASCAR race and build a temporary track in Chicago since 2022. The expenditures are part of a broader state tourism campaign.
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Trump’s tariffs remain unpopular, a warning sign for Republicans
Aug 30, 2025 1:38 pm - Four months after voters and financial markets recoiled at global trade wars, Wall Street and Main Street have taken sharply different views about President Donald Trump’s signature economic policy.
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The Biz Week That Was: Mall transformation, suburbs’ best sandwich shop, and economy doing better than expectedAug 30, 2025 1:10 pm - Next big step for Hawthorn Mall property redevelopment is waiting for green light to proceed The next big step in the ongoing transformation of the Hawthorn mall pro...
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Blame high taxes, excessive regulations for businesses fleeing IllinoisAug 30, 2025 12:45 pm - Illinois has a remarkable entrepreneurial spirit, but too many of our businesses don’t stay. In the past several years, companies including Takeda, Caterpillar, Highland Ventures and Tyson have all fled Illinois’ suburbs and moved their headquarters out of state.
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US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth
Aug 28, 2025 2:18 pm - The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars.
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A US tariff exemption for small orders ends Friday. It’s a big deal to some shoppers and businesses
Aug 27, 2025 10:07 am - Low-value imports are losing their duty-free status in the United States this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods and resetting global trade with tariffs.
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Canada will match US tariff exemptions under USMCA trade pact, Prime Minister Carney saysAug 22, 2025 1:40 pm - Canada is dropping retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United States-Mexico-Canada trade pact, Prime Minister Mark Carney announced Friday.