Economy
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Before you sign up for a store credit card, know what you’re getting into
Sep 29, 2024 5:29 am - NEW YORK — When Mykail James was 19 and working a holiday job at Victoria's Secret, she took out a store credit card with a $2,000 credit line. When her school break was...
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Suburbs shouldn’t impose their own grocery taxesSep 29, 2024 5:13 am - Gov. JB Pritzker attempted some political theater this spring when he and the General Assembly eliminated the statewide grocery tax. It was a hollow victory for taxpayers.
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The benefits of a four-day workweek according to a champion of the trend
Sep 27, 2024 2:46 pm - Companies exploring the option of letting employees work four days a week hope to reduce job burnout and retain talent seeking a better work-life balance, according to th...
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Fed's favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
Sep 27, 2024 8:22 am - WASHINGTON — The Federal Reserve's preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel furthe...
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Trump favors huge new tariffs. What are they, and how do they work?
Sep 27, 2024 8:18 am - WASHINGTON — Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States. The ...
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US economy grew at a solid 3% rate last quarter, government says in final estimate
Sep 26, 2024 8:12 am - WASHINGTON — The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the governmen...
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Trump is losing his edge on the economy among voters
Sep 25, 2024 8:13 am - Americans are finally starting to feel better about the economy, invigorating Vice President Kamala Harris’s pitch for the presidency as she narrows her Republican oppone...
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In dueling speeches, Harris is to make her capitalist pitch while Trump pushes deeper into populism
Sep 25, 2024 7:56 am - WASHINGTON — Derided by Donald Trump as a “communist,” Kamala Harris is playing up her street cred as a capitalist. Attacked by Harris as a rich kid who got $400 million ...
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American consumers are feeling less confident as concerns about jobs take center stage
Sep 24, 2024 9:58 am - American consumers are feeling less confident this month as concerns about jobs rose significantly.
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For home shoppers, the Fed’s big rate cut is likely just a small step toward affording a homeSep 23, 2024 9:55 am - The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come. Even so, aspiring homebuyers and homeowners eager...