Economy
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Powell: Federal Reserve is on track to cut rates, though not likely for months
Jan 31, 2024 7:05 am - WASHINGTON — Interest rate cuts are coming. Just not yet. The Federal Reserve delivered that message Wednesday, first in a policy statement and then in a news conference ...
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New research shows what a Child Tax Credit would mean for Illinois’ families and economyJan 30, 2024 8:27 am - Last month, I noted that Illinois recently has experienced positive economic developments but we are falling behind on the issue of child poverty, which has more than dou...
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Inflation has slowed. Now the Federal Reserve faces expectations for rate cuts
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US economy grew at a surprisingly strong 3.3% pace last quarter, pointing to continued resilience
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Pritzker touts climate investments despite renewables lagging state goals
Jan 24, 2024 8:56 am - Boston-based Nexamp, a major player in the solar energy industry, is joining the growing list of renewable technology companies that have expanded or relocated to Illinoi...
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Yellen says current US economic growth 'vindicates' Biden's COVID-19 pandemic stimulus spending
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Retail sales up strongly in December as Americans showed continued willingness to spend
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U.S. inflation edges up, fueled by food and housing prices, but many other costs rise only mildlyJan 11, 2024 7:48 am - WASHINGTON — Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to its 2% target will ...
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The economy tops US priorities for government across racial groups, AP-NORC and AAPI Data polls show
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New labor rules aim to offer gig workers more security, though some employers won't likely be happy