Economy
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Time running out for lawmakers to address public transit fiscal cliffOct 06, 2024 7:00 am - Efficient, accessible, and safe public transportation is essential to a robust Illinois economy. Our public transit systems connect workers to jobs, bring customers to co...
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Employers added 254,000 jobs in September, reflecting strong gains as election nears
Oct 04, 2024 7:48 am - Employers added 254,000 jobs in September, reflecting a stronger than expected labor market. The unemployment rate ticked down to 4.1%, according to jobs data released Fr...
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Morgan Stanley warns of 70,000 US monthly jobs hit from Trump tariffs
Oct 01, 2024 8:31 am - Morgan Stanley economists estimated that implementation of Republican tariff-hike proposals would drive up inflation and impose a hit to US economic growth that undercuts...
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Dockworkers’ strike could push up prices and cause shortages if it lasts for weeks
Oct 01, 2024 7:01 am - A strike by dockworkers at 36 ports from Maine to Texas, the first in decades, could snarl supply chains and lead to shortages and higher prices if it stretches on for more than a few weeks.
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US port strike by 45,000 dockworkers is all but certain to begin at midnight
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Fed Chair Powell says the US economy is in solid shape’ with gradual rate cuts comingSep 30, 2024 2:43 pm - Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy.
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How grants are helping Kane County manufacturers improve, be more competitiveSep 29, 2024 5:56 am - The Richards-Wilcox company of Aurora has been in business for 144 years, outlasting many sheet-metal businesses that once operated in the Fox Valley. So it must be doing something right. It is one of 20 companies that received $30,000 Lighthouse grants being administered by the Illinois Manufacturing Excellence Center.
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Before you sign up for a store credit card, know what you’re getting into
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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