Economy
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High interest rates, rising inflation: The economy still isn’t normal
Apr 11, 2024 8:05 am - The economy still isn’t behaving the way anyone expected. The job market is growing at a blockbuster pace, even though high interest rates usually slow hiring or cause la...
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Inflation rose over the last year, muddying path for Fed rate cuts
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Bill ending state’s tipped wage advances, but prospects uncertain amid pushback
Apr 05, 2024 10:55 am - Opponents say eliminating the tip credit will lead to decreased hours and layoffs for staff An Illinois House committee advanced a measure that would end the state’s...
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U.S. employers added a surprisingly robust 303,000 jobs in March in a sign of economic strength
Apr 05, 2024 7:51 am - WASHINGTON — America’s employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy ...
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Illinois Office of Tourism magazine offers spring and summer trip ideasApr 04, 2024 3:09 pm - For travel enthusiasts, the Illinois Department of Commerce and Economic Opportunity (DCEO) Office of Tourism has released its spring/summer 2024 issue of Enjoy Illinois,...
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U.S. applications for unemployment benefits rise, but layoffs remain at historically low levels
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Powell: Fed still sees rate cuts this year; election timing won't affect decision
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An inflation gauge closely tracked by the Federal Reserve shows price pressures easing gradually
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US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate
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Applications for US unemployment benefits dip to 210,000 in strong job market