Economy
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Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
Dec 18, 2024 6:37 am - The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation.
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FTC issues rules requiring hotels, ticket sellers to reveal ‘junk fees’
Dec 17, 2024 3:09 pm - The Federal Trade Commission on Tuesday issued long-awaited rules requiring companies to display the full price of a hotel room, concert ticket or sporting event up front...
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Retail sales rose at healthy pace last month in latest sign of US economy’s health
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Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
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Skyrocketing car-insurance premiums are pushing inflation higher
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As budget tightens, report finds Illinois better prepared for recession than in recent past
Dec 11, 2024 10:00 am - State lawmakers will face a projected budget deficit and slowing revenue when they return to Springfield in January, but a new report shows fiscal decisions made in recent years have put Illinois in a better position to handle a recession than in recent decades.
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Cutting through the noise in 2025 to work for small businessesDec 08, 2024 6:30 am - The small business community needs a common sense, meaningful, and robust agenda in 2025. Elliot Richardson says the Small Business Advocacy Council will deliver.
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US added a strong 227,000 jobs in November in bounce-back from October slowdown
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Food, gas and cars could quickly get pricier under Trump’s tariff plan
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Holiday online shopping scams expected to surge on Cyber MondayNov 29, 2024 11:48 am - Cyber Monday is prime time for high-risk online shopping scams, the Better Business Bureau warns.