Economy
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Trump promised an American boom. He now says it may take a while.
Mar 22, 2025 1:27 pm - President Donald Trump said his first day in office marked the start of a “golden age” for the U.S. He and his advisers now say it could take months or longer to arrive.
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With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
Mar 20, 2025 8:22 am - The Bank of England kept its main U.K. interest rate unchanged at 4.50% on Thursday even though the economy is barely growing and the nation faces more uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S.
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Fed holds interest rates steady as tariffs begin to drive some inflation
Mar 19, 2025 4:03 pm - The Federal Reserve kept interest rates steady Wednesday, continuing its cautious approach as President Donald Trump’s trade war and stubborn inflation blur the path ahea...
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Back down goes Wall Street as Big Tech resumes its slide
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Americans increased spending tepidly last month as anxiety over the economy takes hold
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Pritzker’s budget sleight of hand ignores Illinois’ fiscal problemsMar 15, 2025 1:01 pm - While Gov. JB Pritzker points fingers at Washington, D.C., as the source of Illinois’ problems, his budgeting tells a different story, says Matt Paprocki, president/CEO of the Illinois Policy Institute.
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Vaccinating poultry could help cut soaring egg prices, but US remains hesitant
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Trump vows to take back ‘stolen’ wealth as tariffs on steel and aluminum imports go into effect
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US inflation cooled last month, though trade war threatens to lift prices
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Is the U.S. economy headed toward a recession? Here’s what to look for.