Economy
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U.S. added just 114,000 jobs in July, unemployment rate hits 4.3% as interest rates take economic toll
Aug 02, 2024 8:24 am - U.S. hiring decelerated sharply last month in the face of high interest rates as employers added an unexpectedly weak 114,000 jobs.
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Bank of England lowers its main interest rate by 0.25%, to 5%, its first cut in over 4 years
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The Federal Reserve sees cooler inflation and slower job market, suggesting a rate cut is nearing
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Trust pros to help cut red tape, build more suburban housingJul 31, 2024 9:24 am - As Cook County property taxes hit Aug. 1, businesses and residents inevitably will see tax hikes. These rising bills, along with burdensome government regulations, make I...
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‘Sensationally unpredictable’ U.S. election clouds policy view
Jul 28, 2024 5:11 am - The shock replacement of the Democratic presidential candidate less than four months before the U.S. election has introduced a new element of uncertainty about the outloo...
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Harris will carry Biden's economic record into the election. She hopes to turn it into an asset
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US economic growth increased last quarter to a healthy 2.8% annual rate
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Manzo: Motor fuel tax adjustment is paying dividendsJul 14, 2024 5:13 am - There has been a lot of media coverage lately about the annual inflation adjustment to Illinois’ motor fuel tax, which increased by 1.5 cents per gallon on July 1. But i...
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U.S. inflation cools again, potentially paving way for Fed to cut interest rates soon
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Rethinking the value of a day: How Americans measure time and money