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Wall Street slumps and bond yields sink following weak hiring numbers and new tariffs

By DAMIAN J. TROISE
Aug 01, 2025 10:15 am - Stocks slumped and Treasury yields fell sharply Friday after a weak report on hiring and the latest gyrations in U.S. trade policy shook Wall Street.
Geneva creator of Finn the Frog to sign copies of new children’s book Saturday

By David Petesch
Aug 01, 2025 9:55 am - Young readers of Kane County can meet a local author, get their books signed and possibly hear a live reading this Saturday in the Geneva Commons.
Des Plaines Theatre turns 100 as ‘important connection’ between city’s past and present

By Russell Lissau
Aug 01, 2025 9:33 am - The Des Plaines Theatre will mark its centennial Aug. 9 with a parade, 25-cent movie tickets, musical performances and more.
Metra service back on BNSF line between Aurora and Chicago after freight train derailment, Lollapalooza riders shouldn’t be impacted

By Jake Griffin
Aug 01, 2025 8:06 am - Metra service has been restored on the BNSF line that carries commuter trains between Aurora and Chicago after an early morning freight train derailment caused significant delays.
US employers slash hiring as Trump advances a punishing trade agenda

By PAUL WISEMAN
Aug 01, 2025 7:53 am - U.S. hiring is slowing sharply as President Donald Trump’s erratic and radical trade policies paralyze businesses and raise doubts about the outlook for the world’s largest economy.
Trump’s new tariffs give some countries a break, while shares and US dollar sink

By ELAINE KURTENBACH
Aug 01, 2025 7:40 am - U.S. President Donald Trump’s new tariff rates of up to 41% on U.S. imports from dozens of countries drew expressions of relief Friday from some countries that negotiated a deal or managed to whittle them down from rates announced in April. Others expressed disappointment or frustration over running out of time after hitting Trump's Aug. 1 deadline for striking deals with America’s trading partners.
Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell

By JOSH BOAK
Aug 01, 2025 7:30 am - President Donald Trump on Friday called for the Federal Reserve's board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates.
Trump injects new dose of uncertainty in tariffs as he pushes start date back to Aug. 7

By JOSH BOAK
Aug 01, 2025 7:27 am - For weeks, President Donald Trump was promising the world economy would change on Friday with his new tariffs in place. It was an ironclad deadline, administration officials assured the public.
Rolling Meadows using potential Bears stadium to lure developers

By Christopher Placek
Aug 01, 2025 7:09 am - Rolling Meadows officials are seeking developers for a one-acre, city-owned site near the possible Bears stadium redevelopment, touting its proximity as an advantage for retail and dining.
Dozens of countries with no deals face higher tariffs as trade deadline nears

By CHRISTOPHER RUGABER
Jul 31, 2025 5:39 pm - WASHINGTON — Numerous countries around the world are facing the prospect of much higher duties on their exports to the United States on Aug. 7, a potential blow to the gl...

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