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Stocks pull back from their latest all-time highs on Wall Street
Aug 29, 2025 4:24 pm - Wall Street closed out another winning month Friday, even as stocks gave back some of their recent gains, pulling the market below its latest all-time highs. The S&P 500 fell 0.6% a day after climbing to a record high. The benchmark index ended August with a 1.9% gain, its fourth straight month of gains. It’s now up 9.8% so far this year.
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Claire’s closing almost 300 stores nationwide, including five suburban locationsAug 29, 2025 4:18 pm - To the dismay of tweens and teens everywhere, Claire’s is closing 291 U.S. stores, including 16 in Illinois and several in the suburbs, according to the company’s bankruptcy court filing.
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Key US inflation gauge holds mostly steady though core inflation ticks higherAug 29, 2025 3:29 pm - The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased. Prices rose 2.6% in July compared with a year ago, the Commerce Department said Friday, the same annual increase as in June. Excluding the volatile food and energy categories, prices rose 2.9% from a year earlier, up from 2.8% in the previous month and the highest since February.
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Multimillion-dollar deal to turn historic Des Plaines building into restaurant awaits key vote TuesdayAug 29, 2025 2:00 pm - A much-anticipated, multimillion-dollar deal to turn a historic, city-owned building in downtown Des Plaines into a restaurant should get the city council’s final approval Tuesday.
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Schaumburg-area sandwich shop makes Yelp’s list of nation’s 100 bestAug 28, 2025 5:07 pm - Finuccio and Sons, just outside Schaumburg, is among only three Illinois eateries and the sole suburban one to make Yelp’s list of the nation’s top 100 sandwich shops for 2025.
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Lake in the Hills senior living facility expands
Aug 28, 2025 4:59 pm - A Lake in the Hills senior living facility has opened a second home in town.
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Historic Crystal Lake event venue transformed by new owners
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780,000 pressure washers are under recall after some consumers report explosions and impact injuries
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Sycamore Partners finishes deal to take Walgreens privateAug 28, 2025 2:29 pm - The acquisition of Deerfield-based Walgreens by a private equity firm is complete, ending the drugstore chain’s run as a publicly traded company.
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‘More like a transition’: Elgin council approves local grocery taxAug 28, 2025 2:21 pm - Following the lead of hundreds of other communities in the state, Elgin City Council members voted Wednesday to replace the state’s 1% grocery tax with a local tax.