Economy
-
Pritzker’s record-high budget: More spending, more taxesJun 07, 2025 12:57 pm - As a business leader, would you approve in under 24 hours a 3,400-page annual plan you had just read for the first time? What if the provisions changed two hours before the deadline? Probably not. Yet that’s exactly how Illinois lawmakers approach the end of every legislative session when passing the state budget.
-
US employers added a solid 139,000 jobs in May despite uncertainty over trade wars
Jun 06, 2025 7:50 am - U.S. employers slowed hiring last month, but still adding a solid 139,000 jobs amid uncertainty over Trump’s trade wars.
-
Trump says after Xi call that US and China will resume trade talksJun 05, 2025 8:22 am - U.S. President Donald Trump and Chinese leader Xi Jinping spoke on Thursday at a time when stalled tariff negotiations between their two countries have roiled global trade.
-
OECD says US growth likely to slow to 1.6% this year, hobbled by Trump’s trade wars
Jun 03, 2025 11:25 am - U.S. economic growth will slow to 1.6% this year from 2.8% last year as President Donald Trump’s erratic trade wars disrupt global commerce, drive up costs and leave businesses and consumers paralyzed by uncertainty.
-
Dollar General posts record sales as bargain stores attract more customers
Jun 03, 2025 8:25 am - Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores and off-price retailers amid economic uncertainty.
-
Inside the test kitchens helping restaurants navigate the trade war
Jun 02, 2025 11:06 am - On a recent weekday morning in downtown Chicago, chefs inside a test kitchen prepared a five-course meal featuring tostada verde with jalapeño Gouda and trout on focaccia. The chefs usually cook these spreads to help customers of Sysco Corp. create or tweak menu items. These days, they’re also coaching eateries on substitutes for imported ingredients hit by tariffs.
-
‘Finding their niche’: The Fresh Market is back to opening stores in the suburbs, this time in redeveloping areasMay 31, 2025 2:11 pm - Despite having shed a few stores in recent years, The Fresh Market grocery chain based in North Carolina is in the midst of a true growth spurt bringing its distinct stores to redeveloping areas of the suburbs.
-
Tips on navigating economic uncertainty for small business ownersMay 31, 2025 1:39 pm - In today’s unpredictable economic climate, many small business owners are struggling to maintain stability amid inflation and fluctuating costs.
-
Trump’s week shows the risks of his full-speed-ahead approach
May 31, 2025 1:34 pm - President Donald Trump’s second term has been marked by volatility, brought about in part by his insistence on bulling forward in search of maximum gain, even if that heightens the risk of ultimate failure. This week crystalized just how rapidly his fortunes can rise and fall.
-
US inflation gauge cools with little sign of tariff impact, so far
May 30, 2025 8:00 am - A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped.