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Key Fed official sees possible rate hike amid higher gas prices, inflation concerns

By CHRISTOPHER RUGABER
Apr 07, 2026 8:30 am - A top Federal Reserve official said Monday that an interest rate hike could be appropriate if inflation remains persistently above the central bank's 2% target, the latest sign that some policymakers are moving away from a bias toward reducing borrowing costs.
US and Iran agree to 2-week ceasefire as Trump seizes diplomatic offramp instead of escalation

By BASSEM MROUE, JON GAMBRELL, DAVID RISING and SAMY MAGDY
Apr 07, 2026 7:31 am - U.S. President Donald Trump threatened Tuesday that a “whole civilization will die tonight” if Iran fails to meet his latest deadline to strike a deal that includes reopening the Strait of Hormuz, while the Islamic Republic urged young people to form human chains around power plants and other potential targets.
‘I was devastated’: Wheaton Nurseries receives outpouring of support after shop fire

By Katlyn Smith
Apr 06, 2026 8:37 pm - Wheaton Nurseries, a family-owned business since 1895, has been “inundated” with messages of support since a fire in its gift shop along Roosevelt Road.
Restaurant with cricket simulators gets go-ahead in Wheeling

By Russell Lissau
Apr 06, 2026 7:30 pm - Plans for a restaurant featuring cricket simulators got the Wheeling village board’s OK Monday night.
‘Can’t have this happening again’: Arlington Heights mayor fines seven businesses for underage alcohol sales

By Christopher Placek
Apr 06, 2026 7:25 pm - In his first hearing as local liquor commissioner, Arlington Heights Mayor Jim Tinaglia fined seven businesses between $500 and $5,000 for selling alcohol to minors.
Broker denies agents avoid ‘deal killers’

By Barry Stone
Apr 06, 2026 5:42 pm - As a real estate broker, I’m troubled about some of your articles’ suggestions that Realtors label good inspectors as "deal killers." This charge seems unfair and in poor taste.
CEJA workforce hubs deliver hope, but will they deliver jobs?

By Reece Dower
Apr 06, 2026 1:36 pm - Of the 805 students who have graduated from CEJA workforce hubs, only 124 had found employment in the renewable energy sector or adjacent industry as of March 2026, according to figures supplied to Capitol News Illinois by the Department of Commerce and Economic Opportunity, a rate of roughly 15%.
Illinois considers abortion assistance for people with little or no insurance

By Nikoel Hytrek
Apr 06, 2026 1:10 pm - Gov. JB Pritzker and Democrats have added a new abortion access measure to their agenda that would allow people with limited or no insurance to get financial assistance for abortion care in Illinois.
Arlington Heights manufacturing facility receives safety award

Daily Herald report
Apr 06, 2026 1:10 pm - An Arlington Heights manufacturing plant received a top safety award from Northfield-based Medline, a provider of medical-surgical products and supply chain solutions.
AP says it will offer buyouts as part of pivot away from newspaper journalism

By DAVID BAUDER
Apr 06, 2026 9:17 am - The Associated Press, one of the world's oldest and most influential news organizations, said Monday it is offering buyouts to an unspecified number of its U.S.-based journalists as part of an acceleration away from the focus on newspapers and their print journalism that sustained the company since the mid-1800s.

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