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Powell stands by ‘wait and see’ stance with Trump ramping up attacks on the Federal Reserve
Jul 01, 2025 9:52 am - Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump's tariffs effect the economy, defying the steady stream of criticism from the White House, which wants lower borrowing costs.
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Musk-Trump battle erupts anew over GOP spending bill
Jul 01, 2025 7:52 am - Elon Musk has renewed his assault on President Donald Trump’s signature budget bill, drawing new ire from the president and investors - and glee from some Democrats - with his threat to launch a new political party.
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Senate passes Trump’s big tax breaks and spending cuts bill as Vance breaks 50-50 tie
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Kane County considers request for solar farm near ElginJun 30, 2025 8:51 pm - A landowner is asking Kane County for permission to install a community solar electric facility on farmland near Elgin.
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Kendra Scott jewelry store coming to Woodfield Mall this fallJun 30, 2025 6:26 pm - Jewelry designer brand Kendra Scott will bring its seventh Illinois location to Woodfield Mall in Schaumburg this fall.
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Banquet facility proposed for former Buffalo Grove Outback Steakhouse siteJun 30, 2025 4:34 pm - A decade after Outback Steakhouse closed its Buffalo Grove location, the empty property at 720 W. Lake-Cook Road could receive new life as Epicure Dining, a full-service restaurant and banquet facility.
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State’s gasoline tax hike goes into effect Tuesday; here’s what it could cost youJun 30, 2025 4:29 pm - The state’s motor fuel tax is increasing by nearly 3% beginning Tuesday, bringing the state’s gasoline tax rate to 48.3 cents a gallon and costing the average driver an estimated $6 more a year.
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Cook County to spend $8.6 million to help homebuyers make down paymentsJun 30, 2025 2:18 pm - The Cook County Board has approved $8.6 million in spending to support the second phase of the county’s Down Payment Assistance Program.
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Wilke Road in Palatine closing July 7 for Route 53 constructionJun 30, 2025 2:17 pm - As part of the Illinois Department of Transportation's ongoing improvements of Route 53, Wilke Road in Palatine - also known as West Route 53 Frontage Road - will be closed beginning July 7.
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Little Villa Pizza Co. brings old recipes back to Des PlainesJun 30, 2025 2:16 pm - Little Villa’s pizza and pasta dishes have returned to Des Plaines after a two-year hiatus.