Economy
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50-year mortgage proposal has one notable benefit but a number of drawbacks
Nov 14, 2025 4:05 pm - The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. But the announcement drew immediate criticism from policymakers, social media and economists, who said a 50-year mortgage would do little to resolve other core problems in the housing market, such as a lack of supply and high interest rates.
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Small grocers and convenience stores feel an impact as customers go without SNAP benefits
Nov 12, 2025 9:17 am - Around 14% was spent at smaller grocery and convenience stores, businesses often tucked into neighborhoods and more easily accessible to SNAP beneficiaries.
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What to know about Trump's plan to give Americans a $2,000 tariff dividend
Nov 12, 2025 9:05 am - President Donald Trump boasts that his tariffs protect American industries, lure factories to the United States, raise money for the federal government and give him diplomatic leverage. Now, he’s claiming they can finance a windfall for American families, too: He's promising a generous tariff dividend.
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Shutdown leaves a mark on an already-struggling economy, from lost paychecks to canceled flights
Nov 11, 2025 7:26 am - The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy.
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‘No hire’ job market leaves unemployed in limbo as threats to economy multiply
Nov 08, 2025 2:09 pm - The unemployment rate is low and the economy is still growing, but those out of work face the slowest pace of hiring in more than a decade.
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IRS Direct File won’t be available next year. Here’s what that means for taxpayers
Nov 07, 2025 3:50 pm - IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed.
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What kind of region do you want to live in? CMAP seeks feedback on new ‘Century Plan’Nov 05, 2025 6:47 pm - CMAP is seeking input from residents across the region about how to create a better future. Housing, jobs, flooding and transportation are all in the mix for the agency’s next big project - the Century Plan.
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Conservative Supreme Court justices appear skeptical of Trump’s sweeping unilateral tariffs
Nov 05, 2025 7:33 am - Conservative members of the Supreme Court on Wednesday appeared skeptical of President Donald Trump's sweeping unilateral tariffs midway through arguments in a case that's a pivotal test of executive power for a tool central to his broader agenda.
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President Donald Trump, in Miami, brags about the economy despite an election-night rebuke
Nov 05, 2025 7:12 am - President Donald Trump took a victory lap on the economy on the one-year anniversary of his successful election, boasting of cheaper prices and saying the U.S. is the envy of the globe even while the Republican Party faced a rebuke from voters anxious about their own finances in Tuesday's off-year elections.
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‘Great incentives’ coming in 2026 for businesses eyeing events at Q Center in St. Charles
Nov 04, 2025 2:16 pm - Local tourism officials are touting the Q Center in St. Charles for the role the facility has played over the past four decades in attracting events and shoppers to the downtown area.