Economy
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U.S. applications for unemployment benefits rise, but layoffs remain at historically low levels
Apr 04, 2024 7:44 am - The number of Americans applying for jobless benefits rose to their highest level in two months last week, but layoffs remain at historically low levels as the labor mark...
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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
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The Biz Week That Was: Bears haggling, new eateries, outdoor dining and bubble gum soda among highlightsMar 24, 2024 5:41 am - Bears and school districts stop short of endorsing Arlington Heights tax proposal A day after Arlington Heights officials unveiled a proposed settlement to the ongoi...
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Strong Illinois economy has been very good for businessMar 24, 2024 5:02 am - Don’t tell the naysayers, but Illinois’ economy continues to remain strong. We are America’s sixth-largest state and fifth-largest economy, now generating $1.1 trillion a...
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Sky’s the limit? Aurora mayor wants new high-rise downtownMar 24, 2024 2:57 am - Aurora Mayor Richard Irvin is thinking big for what to do with the downtown site of the Hollywood Casino Aurora when it moves to its new home on the outskirts of the city...
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House approves $1.2 trillion package of spending bills before shutdown deadline, Senate up nextMar 22, 2024 11:10 am - WASHINGTON — The House approved a $1.2 trillion package of spending bills on Friday just a few hours before funding for some key federal agencies is set to expire, a lon...
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Discount grocers smell opportunity amid rising prices
Mar 20, 2024 8:01 am - Batavia-based Aldi plans to add 800 stores over the next four years. Dollar General expects to add that many just this year. And their main rivals have ambitions of their...