Economy
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US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
Sep 11, 2024 7:49 am - WASHINGTON — The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Feder...
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Does Illinois have a path to public pension reform?Sep 08, 2024 5:12 am - Illinois’ worst-in-the-nation pension crisis shouldn’t come as a surprise. For years economists have been sounding the alarm that Illinois’ pension problem is growing from financially painful to potentially unsolvable.
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COVID-19 government disaster loans saved businesses, but saddled survivors with debt
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Visit Lake County marks 40 years of bolstering tourism, business communitySep 06, 2024 2:22 pm - The latest economic impact report for Illinois reveals significant growth in the travel and tourism sector, with Lake County standing out as a major contributor.
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You aren’t likely to lose a job in the US but may find it harder to land one
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Gains in private sector union membership show a labor revival is possibleSep 01, 2024 5:45 am - On this Labor Day, unions in Illinois are organizing new industries and boosting job quality despite dealing with an economy in transition and persistent legal and politi...
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Report shows Illinois union participation declining despite growth in new petitions
Aug 30, 2024 1:24 pm - Overall participation in labor unions has declined in recent years in Illinois, although the state has seen an increase in successful unionization efforts for the second year in a row.
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Powell: ‘The time has come’ for the Fed to soon begin reducing interest rates
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New surveys show signs of optimism among small business owners
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U.S. applications for unemployment benefits inch up, but remain at historically healthy levels