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Inside the test kitchens helping restaurants navigate the trade war
Jun 02, 2025 11:06 am - On a recent weekday morning in downtown Chicago, chefs inside a test kitchen prepared a five-course meal featuring tostada verde with jalapeño Gouda and trout on focaccia. The chefs usually cook these spreads to help customers of Sysco Corp. create or tweak menu items. These days, they’re also coaching eateries on substitutes for imported ingredients hit by tariffs.
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Average rate on a US 30-year mortgage rises to 6.89%, its highest level since early February
Jun 02, 2025 11:00 am - The average rate on a 30-year mortgage in the U.S. rose last week to its highest level since early February, further pushing up borrowing costs for homebuyers.
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Chicago firm helping draw a new vision for The Promenade BolingbrookJun 02, 2025 10:53 am - Chicago-based Brookline Real Estate is partnering with Rhino Investments Group, a Las Vegas-based real estate firm, to lead the transformation of The Promenade Bolingbrook, a premier open-air lifestyle center.
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Fewer homes being purchased in Chicago area, but sales prices still going upJun 01, 2025 9:00 pm - While the Chicago area had more homes for sale in April 2025 than a year ago, sales were down year-to-year while sales prices went up.
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Illinois bill aims to lower cost of prescriptions, rein in pharmacy benefit managers
May 31, 2025 5:30 pm - A bill that seeks to control the rising cost of prescription drugs while also offering financial help for many small, independent pharmacies in Illinois cleared the General Assembly on Saturday and will soon be sent to Gov. JB Pritzker for his signature.
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Spike in steel tariffs could imperil Trump promise of lower grocery prices
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‘Finding their niche’: The Fresh Market is back to opening stores in the suburbs, this time in redeveloping areasMay 31, 2025 2:11 pm - Despite having shed a few stores in recent years, The Fresh Market grocery chain based in North Carolina is in the midst of a true growth spurt bringing its distinct stores to redeveloping areas of the suburbs.
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The Biz Week That Was: Bid to revive horse racing, a new Whole Foods, and auto racing simulator studio opensMay 31, 2025 1:47 pm - Senator tries last-ditch push to boost horse racing industry in Illinois City officials from Decatur and Illinois horse racing advocates joined an effort this week b...
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Tips on navigating economic uncertainty for small business ownersMay 31, 2025 1:39 pm - In today’s unpredictable economic climate, many small business owners are struggling to maintain stability amid inflation and fluctuating costs.
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Trump’s week shows the risks of his full-speed-ahead approach
May 31, 2025 1:34 pm - President Donald Trump’s second term has been marked by volatility, brought about in part by his insistence on bulling forward in search of maximum gain, even if that heightens the risk of ultimate failure. This week crystalized just how rapidly his fortunes can rise and fall.