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Economy

Illinois and Chicago sue Trump over looming rule making it harder for immigrants to get green cards

By ALICE YIN and OLIVIA OLANDER
Sep 17, 2026 12:42 pm - Chicago and Illinois are filing legal challenges to a Trump administration rule set to take effect Friday that would give the federal government broader power to deny green cards to immigrants who receive welfare benefits — the latest legal clash between the White House and Democratic leaders Gov. JB Pritzker and Mayor Brandon Johnson.
US-Canada trade war further taxes small businesses as costs rise during the Iran war

By MAE ANDERSON
Sep 16, 2026 10:38 am - A trade war between the United States and Canada is making it more difficult and expensive for small businesses in the economically entwined countries to operate, according to business owners caught in the crossfire.
Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut

By CHRISTOPHER RUGABER
Sep 16, 2026 8:16 am - The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation, a move that could spur a sharp response from the White House.
Retail sales rise a better-than-expected 1.2% in August after shoppers pulled back spending in July

By ANNE D'INNOCENZIO
Sep 16, 2026 8:10 am - Consumers stepped up their spending at a better-than-anticipated pace in August after an unexpectedly sharp pullback in July.
US inflation picked up as gas prices marched higher due to conflict in the Middle East

By CHRISTOPHER RUGABER
Sep 11, 2026 8:09 am - U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters with midterm elections now just seven weeks away.
Job Center of Lake County tries to lay groundwork for careers: ‘I wanted to serve people’

By STEVE SADIN
Sep 10, 2026 12:21 pm - Working in a family business can be satisfying for a lot of people, but it did not allow Marcelo Avelar of Gurnee to follow his calling to help people whose unwise decisions negatively impacted their lives. Connecting with the Job Center of Lake County put Avelar on an 18-month path from a family roofing business providing a good livelihood to becoming a community outreach coordinator for the Hope Center in Lake Zurich.
Trump, hoping to salvage midterms, makes a dubious pledge to give every US adult $5,000 if GOP wins

By JONATHAN J. COOPER
Sep 10, 2026 7:23 am - President Donald Trump pledged Wednesday to send every American adult $5,000 if Republicans retain control of the House and Senate in the midterm elections, an extraordinary gambit to reverse his party's sagging fortunes in November.
The data shows Illinois gets it right on labor policy

By Frank Manzo IV
Sep 05, 2026 9:27 am - The delta between what policymakers promise versus what they actually deliver is rarely more evident than it is on labor policy.
A 104-year-old farmer’s $183,000 tractor sale tests a farm recovery

BLOOMBERG
Aug 31, 2026 2:07 pm - America’s aging farmers have been holding on to machinery for longer than usual as low crop prices and rising costs squeezed their finances.
Federal scholarship program can build the workforce suburban businesses need

By Matt Paprocki
Aug 31, 2026 7:18 am - Manufacturers in Elk Grove Village, construction firms in DuPage County and automotive shops throughout the suburbs share a common challenge: finding workers with the technical skills to fill available jobs.

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