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US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war
Apr 10, 2025 7:52 am - U.S. stocks surrendered a chunk of their historic gains from the day before as President Donald Trump's trade war continues to threaten the economy. The S&P 500 fell 3.5% Thursday. The Dow Jones Industrial Average dropped 2.5%, and the Nasdaq composite sank 4.3%. China announced more countermeasures against the United States, and losses for stocks accelerated after the White House clarified that it will tax Chinese imports at 145%, not the 125% rate Trump had earlier written about. The swings also hit the bond market despite a better-than-expected report on inflation.
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Billionaires, trusted allies, media personalities. These are the people Trump picked for top roles
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Inflation fell last month as gas prices dropped sharply, a sign prices cooling before tariffs
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Lake County’s $117 million road construction season set to begin. Here’s what’s in the planApr 09, 2025 8:28 pm - With several projects already up and running, the Lake County Division of Transportation outlines what else to expect during a busy $117 million construction program.
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Will data center boom strain Illinois’ power grids, force rate hikes?
Apr 09, 2025 4:18 pm - Illinois and the suburbs have been at the forefront of the national data center boom, but state lawmakers are working to gauge and mitigate the impact these centers have on climate and energy consumption.
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Mount Prospect improving look at village, business park entrancesApr 09, 2025 3:44 pm - Mount Prospect is creating a “friendlier” look at its entrances to the downtown and the south end, as well as its business park.
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Rolling Meadows restaurant temporarily closing for rebrandApr 09, 2025 1:57 pm - A Central Asian restaurant in Rolling Meadows has temporarily closed for renovations. A new concept is planned, officials said.
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Elgin Heritage Commission to honor winners of annual preservation awardsApr 09, 2025 1:56 pm - Seven local people and organizations will be honored for their work to preserve Elgin’s historic architecture, neighborhoods and cultural resources during the annual Mayor’s Awards for Preservation on April 29.
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Trump pauses tariffs on most nations for 90 days, raises taxes on Chinese imports
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Squire Ale House offers something old, something new to diners in Campton HillsApr 09, 2025 12:03 pm - After months and months of promising to be open “next month,” Squire Ale House finally welcomed its first guests to the Campton Hills restaurant a few weeks ago.