Economy
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Pritzker wants 3rd term, but he’s already made Illinois much more expensiveJul 05, 2025 1:33 pm - Gov. JB Pritzker recently announced his intention to seek a third term, the first time for an Illinois governor in more than 40 years. Pritzker’s tenure has been marked by record-setting spending and tax, fee hikes that have punished working families and Illinois businesses.
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Why some fear government data on the U.S. economy is losing integrity
Jul 03, 2025 10:51 am - U.S. policymakers are increasingly anxious about the integrity of certain government benchmarks, the crucial data points that help the Federal Reserve assess the economy’...
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Powell stands by ‘wait and see’ stance with Trump ramping up attacks on the Federal Reserve
Jul 01, 2025 9:52 am - Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump's tariffs effect the economy, defying the steady stream of criticism from the White House, which wants lower borrowing costs.
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Illinois is short 142,000 homes. Here’s how to fix that.Jun 27, 2025 9:45 am - Illinois faces a critical housing shortage that has increased home prices and rents, leaving many families unable to find or afford housing.
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US economy shrank 0.5% between January and March, worse than 2 earlier estimates had revealed
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Fewer Americans sought unemployment benefits last week as layoffs remain low
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Federal Reserve’s Bowman says rate cut should be on table in July
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Tariff threats, wars will slow but not collapse global luxury sales in 2025, new study shows
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Americans turn cautious and retail sales slide after a spring rush to beat tariffs
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Suburban toy company challenges Trump’s tariffs before Supreme Court in long shot bid for quick decision