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OPEC+ stuns oil market with policy shift to drive down price
Apr 04, 2025 1:19 pm - For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few moments last week, that role reversed dramatically.
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Service, workforce cuts possible after voters spurn Kane’s $51 million sales tax request
Apr 04, 2025 8:56 am - Kane County Board members are reacting to voters overwhelmingly rejecting a proposed county sales tax increase, with some saying that spending cuts may be necessary.
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Mount Prospect approves Lake Center Plaza expansionApr 04, 2025 8:52 am - Elk Grove Village-based Broadway Electric Inc., a full-service electrical contractor, is moving to Lake Center Plaza, at the northwest corner of Algonquin Road and Wall Street, in Mount Prospect.
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Markets plunge with S&P 500 down 6% and Dow down 2,200 as their worst crisis since COVID deepens
Apr 04, 2025 8:49 am - Wall Street’s worst crisis since COVID slammed into a higher, scarier gear Friday.
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US added a surprising 228,000 jobs in March as economy shows resilience in Trump trade wars
Apr 04, 2025 7:13 am - U.S. employers added a surprising 228,000 jobs last month, as the American labor market continues to show resilience as President Donald Trump wages trade wars, purges federal workers and deports immigrants working in the United States illegally. The unemployment rate ticked up to 4.2%.
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China punches back as world weighs how to deal with higher US tariffs
Apr 04, 2025 7:04 am - BANGKOK — Countries and industries were scrambling Friday to respond as President Donald Trump’s latest tariffs hikes upend global trade and world markets. China responde...
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Economists say the way Trump calculated tariffs makes no sense
Apr 03, 2025 7:55 pm - Economists say the crude formula the White House used to calculate what it’s calling “reciprocal tariffs” is too simplistic to achieve its goal of wiping out U.S. trade d...
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Pritzker hopes trade mission to Mexico sparks new investment despite tariffs
Apr 03, 2025 3:31 pm - Gov. JB Pritzker wrapped up a four-day trip to Mexico City on Wednesday, hopeful a trade mission to Mexico will yield new economic development in Illinois, even as tariffs threaten the stability of the United States’ global trade.
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Trump tariff price hikes could start with food, clothing, cars and coffee
Apr 03, 2025 3:20 pm - Americans will bear the brunt of President Donald Trump’s newest tariffs, with price increases kicking in almost immediately on cars, clothing, electronics and other everyday goods. Here are some areas where consumers may start to see higher prices first.
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Kids can collect eggs, take photos at Long Grove Bunny HopApr 03, 2025 1:27 pm - The Long Grove Bunny Hop will return April 19 to the village’s historic downtown. Families can take photos with the Easter Bunny, collect eggs at different booths and stops throughout the village and explore fire trucks.