Economy
-
US inflation reaches lowest point since February 2021, though some price pressures remain
Oct 10, 2024 8:29 am - Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
-
Social Security’s scheduled cost of living increase ‘won’t make a dent’ for some retirees
-
Time running out for lawmakers to address public transit fiscal cliffOct 06, 2024 7:00 am - Efficient, accessible, and safe public transportation is essential to a robust Illinois economy. Our public transit systems connect workers to jobs, bring customers to co...
-
Employers added 254,000 jobs in September, reflecting strong gains as election nears
Oct 04, 2024 7:48 am - Employers added 254,000 jobs in September, reflecting a stronger than expected labor market. The unemployment rate ticked down to 4.1%, according to jobs data released Fr...
-
Morgan Stanley warns of 70,000 US monthly jobs hit from Trump tariffs
Oct 01, 2024 8:31 am - Morgan Stanley economists estimated that implementation of Republican tariff-hike proposals would drive up inflation and impose a hit to US economic growth that undercuts...
-
Dockworkers’ strike could push up prices and cause shortages if it lasts for weeks
-
US port strike by 45,000 dockworkers is all but certain to begin at midnight
-
Fed Chair Powell says the US economy is in solid shape’ with gradual rate cuts comingSep 30, 2024 2:43 pm - Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy.
-
How grants are helping Kane County manufacturers improve, be more competitiveSep 29, 2024 5:56 am - The Richards-Wilcox company of Aurora has been in business for 144 years, outlasting many sheet-metal businesses that once operated in the Fox Valley. So it must be doing something right. It is one of 20 companies that received $30,000 Lighthouse grants being administered by the Illinois Manufacturing Excellence Center.
-
Before you sign up for a store credit card, know what you’re getting into