Economy
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Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
May 29, 2024 6:50 am - WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intent...
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Elgin a nexus of small and large companies creating a dynamic economic ecosystemMay 26, 2024 5:39 am - The Elgin Development Group, a division of the Elgin Area Chamber of Commerce, in partnership with the city of Elgin, is the economic development organization that helps existing business grow, attracts new businesses, and assists entrepreneurs.
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Geneva poised for industrial growthMay 26, 2024 5:33 am - In recent years, Geneva has celebrated milestone anniversaries with top employers such as Miner Enterprises and Burgess Norton while working to attract new industrial investment in the community.
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How communities can spur economic development in post-pandemic eraMay 24, 2024 12:29 pm - Suburban communities spur economic development using a variety of ways, including performing a thorough assessment of resources, securing visits from site selectors, and encouraging businesses to take advantage of incentives.
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Trump or Biden? Either way, U.S. seems poised to preserve heavy tariffs on imports
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Americans are down on the economy (again), with inflation topping election concerns
May 20, 2024 10:37 am - After a spurt of optimism, Americans are feeling a little more glum about the economy — again. Consumer sentiment, a gauge of Americans’ economic perceptions, is at a six...
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Inflation improved slightly in April, with timing for rate cuts still uncertain
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Your tax refund could be bigger this year. Here’s what to do with it
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The U.S. has updated its Social Security estimates. Here’s what you need to know.
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Public sector labor shortage hurts vital services and communities, not faceless bureaucratsMay 07, 2024 5:34 am - Illinois is facing a severe shortage of workers in key public service roles. The shortage partially is due to a robust labor market. Although Illinois’ unemployment rate ...