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Powell silence on his future complicates Trump Fed chair search

By Saleha Mohsin, Joshua Green and Amara Omeokwe
Jul 03, 2025 10:45 am - As President Donald Trump and his advisers begin weighing replacements for Federal Reserve Chair Jerome Powell, they’re running into one significant complication: It’s not clear that Powell will leave the US central bank next year.
Toyota on Edens dealership opens in Northbrook

Daily Herald report
Jul 03, 2025 9:59 am - The Gurley Leep Automotive Family recently opened its new dealership, Toyota on Edens, at 1530 W. Frontage Road in Northbrook.
‘We’re adaptable’: Libertyville brothers shift focus to acai bowls, their third food-related venture in seven years

By Mick Zawislak
Jul 03, 2025 9:32 am - First it was Chrissoulas then West Side Ramen, but the two brothers behind those restaurants in downtown Libertyville recently left their familiar corner to open a completely different venture in Vernon Hills, and soon in Lake Geneva.
Kona Ice launches in Round Lake Beach at July 5 BeachFest

Daily Herald report
Jul 03, 2025 9:17 am - Jessica Tcholakov and her husband, Ivan, are launching their own Kona Ice business in Round Lake Beach Saturday.
The House gives final approval to Trump’s big tax bill and sends it to him to sign

By LISA MASCARO, MARY CLARE JALONICK and LEAH ASKARINAM
Jul 03, 2025 8:15 am - House Republicans propelled President Donald Trump’s$4.5 trillion tax breaks and spending cuts bill to final congressional passage Thursday, overcoming multiple setbacks to approve his signature second-term policy package before a Fourth of July deadline.
U.S. labor market surprises with 147,000 new jobs last month. Here are the big takeaways

By MATT OTT
Jul 03, 2025 8:06 am - Fewer Americans applied for unemployment benefits last week as layoffs in the U.S. remain low despite uncertainty about how tariffs will impact the economy.
Barrington plan commission to hear redevelopment proposal for former PepsiCo site

By Steve Zalusky
Jul 02, 2025 5:21 pm - Barrington’s plan commission will hold a hearing Tuesday on a proposal to redevelop the former PepsiCo site at 617 W. Main St. into a residential development with 88 custom single-family homes.
US stocks hit another record as Tesla and Nike rally

By STAN CHOE
Jul 02, 2025 4:15 pm - NEW YORK — U.S. stocks ticked higher on Wednesday to hit another all-time high. The S&P 500 rose 0.5% and set a record for the third time in four days. The Dow Jones Indu...
McHenry County College, Galt Airport join up to offer accelerated pilot certificate

By Amanda Marrazzo
Jul 02, 2025 2:21 pm - McHenry County College in Crystal Lake is launching a new aeronautics certificate program in partnership with JB Aviation in which students will learn to fly airplanes at Galt Airport in Wonder Lake.
US probes ex-ransom negotiator accused of scheming with hackers

By Jake Bleiberg
Jul 02, 2025 1:27 pm - Law enforcement officials are investigating a former employee of a company that negotiates with hackers and facilitates cryptocurrency payments during ransomware attacks, according to a statement from the firm, DigitalMint

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