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Americans would save $100B if credit card rates were capped as Trump proposed, researchers say

By KEN SWEET
Sep 06, 2025 12:09 pm - Americans would save roughly $100 billion a year in interest costs if President Donald Trump’s campaign proposal to cap credit card interest rates at 10% were implemented, according to a paper published by Vanderbilt University on Thursday.
New halal restaurant chain Slaw Burger launches in Palatine, Schaumburg

By Eric Peterson
Sep 05, 2025 5:21 pm - The new suburban restaurant chain Slaw Burger, recently launched in Palatine and Schaumburg, has high ambitions to fill both a niche in high-quality food options and the region with convenient locations.
Stocks wobble as Wall Street wrangles with whether the job market is too weak

By STAN CHOE
Sep 05, 2025 4:46 pm - U.S. stocks wobbled lower on Friday as Wall Street questioned whether the U.S. job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much that a downturn may be on the way.
Google hit with $3.5 billion fine from European Union in ad-tech antitrust case

By KELVIN CHAN
Sep 05, 2025 4:25 pm - European Union regulators on Friday hit Google with a 2.95 billion euro ($3.5 billion) fine for breaching the bloc’s competition rules by favoring its own digital adverti...
Weak summer labor market flashes warning signs for the economy

By Lauren Kaori Gurley and Abha Bhattarai
Sep 05, 2025 3:45 pm - The U.S. labor market created few jobs in August and shrank earlier in the summer, a first since the pandemic, as the economy’s engine sputters under the weight of President Donald Trump’s policies.
Tore & Luke’s in Palatine to close Sunday for reported move, next location still unknown

By Eric Peterson
Sep 05, 2025 2:56 pm - A suddenly announced move from its 2-year-old current location in Palatine suggests another chapter on the way in the more than 40-year history of Tore & Luke’s Italian Beef & Pizza in the area.
Ascension officials face community concerns at Elk Grove Village town hall

By Steve Zalusky
Sep 05, 2025 11:36 am - Ascension Health officials fielded sharp criticism about their decision to shut down labor and delivery services at the hospital system’s Elk Grove Village facility during a town hall Thursday night.
Trump’s Fed nominee says he’d keep his White House job even if confirmed by the Senate

By JOSH BOAK
Sep 04, 2025 6:11 pm - Stephen Miran, President Donald Trump’s pick to join the Federal Reserve Board, said Thursday that he would remain a White House employee even if the Senate confirms him to fill an unexpired term at the central bank.
Kayak outfitter aims to pass along venture, love of paddling on the Fox, Chain

By Janelle Walker
Sep 04, 2025 1:56 pm - Trevor Kroll bought a McHenry County-based kayak and canoeing outfitter in early 2020, right before the COVID-19 lockdowns.That summer was insanely busy for Wonder Lake-based Scull & Oars. And while business has been strong since then — selling out weekends in the summer and many weekday groups in need of an outfitter — Kroll is ready to move on with another business venture and has put Scull & Oars up for sale.
Podcasters and influencers: The unexpected jobs covered under Trump’s ‘no tax on tips’ plan

By FATIMA HUSSEIN
Sep 04, 2025 1:09 pm - Golf caddies, blackjack dealers and house painters are among the jobs covered under the Trump administration's preliminary list of occupations not required to pay income tax on their tips under Republicans' new tax cuts and spending bill.

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