Economy
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Fed’s preferred inflation gauge shows price pressures stayed elevated last month
Apr 26, 2024 8:00 am - WASHINGTON — A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest r...
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U.S. economy grew at 1.6% annual rate in first quarter 2024, a sharp slowdown
Apr 25, 2024 7:57 am - U.S. economic growth slowed in the first three months of the year, with gross domestic product growing at an annualized rate of 1.6%, as consumers began gradually pulling...
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The number of Americans applying for jobless benefits holds steady as labor market remains strong
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The Biz Week That Was: Garden centers unleash flower power, rising inflation, and pizza galore among the highlightsApr 14, 2024 8:12 am - Amid erratic weather, local garden centers keep springing forward Snow in April. Unseasonably warm 70-degree days in March. Springtime weather in the Chicago area is...
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A healthy U.S. economy’s secret ingredient: Immigrant workers, eager to fill jobs
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High interest rates, rising inflation: The economy still isn’t normal
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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
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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,...