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Inflation rose more quickly than expected in December

By CHRISTOPHER RUGABER
Feb 20, 2026 8:15 am - A key inflation gauge accelerated in December to the fastest pace in nearly a year, showing how prices are still rising more quickly than most Americans would prefer — and faster than the Federal Reserve’s target of 2% a year.
US economy grows at 1.4% rate in the fourth quarter, slower than expected

By CHRISTOPHER RUGABER and MATT OTT
Feb 20, 2026 8:13 am - U.S. economic growth slowed in the final three months of last year, dragged down by the six-week shutdown of the federal government and a pullback in consumer spending.
Saudi Arabia may have uranium enrichment under proposed deal with US, arms control experts warn

By JON GAMBRELL
Feb 20, 2026 8:11 am - Saudi Arabia could have some form of uranium enrichment within the kingdom under a proposed nuclear deal with the United States, congressional documents and an arms control group suggest, raising proliferation concerns as an atomic standoff between Iran and America continues.
More row homes coming to downtown Naperville

By Katlyn Smith
Feb 19, 2026 6:38 pm - Naperville City Council members have unanimously approved plans for high-end row homes at the northern edge of the downtown.
‘Mount Prospect is on fire’: Mayor delivers annual address to business community

By Steve Zalusky
Feb 19, 2026 3:59 pm - Mount Prospect Mayor Paul Hoefert delivered his State of the Village address Thursday, radiating optimism about the present and the future.
Hoffman Estates mayor talks of data centers, new search for hardware store in annual address

By Eric Peterson
Feb 19, 2026 3:47 pm - Hoffman Estates Mayor Bill McLeod fielded questions about data centers, interactions with federal immigration agents and the renewed search for a hardware store during his annual update before the chamber of commerce Thursday.
PGA Tour Superstore coming to Northbrook

Daily Herald report
Feb 19, 2026 1:55 pm - Georgia-based PGA Tour Superstore, a leading specialty golf retailer, has signed a lease for a new 30,000-square-foot store in Northbrook. Located at 1072 Willow Road in the Willow Festival Shopping Center, the Northbrook store will be a new clubhouse for the North Shore and greater Chicago area with an immersive retail and practice environment designed for players of all skill levels.
Bears stadium legislation advances in Indiana as Illinois hearing abruptly canceled

By Christopher Placek
Feb 19, 2026 10:07 am - Northwest suburban officials were expected to testify in Springfield Thursday on behalf of a bill that would pave the way to a stadium at the former Arlington Park racetrack. Instead, that scene was playing out across state lines at Indiana’s state capitol.
U.S. trade deficit slipped to $901 billion last year amid Trump tariffs

By PAUL WISEMAN
Feb 19, 2026 8:06 am - The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double digit tariffs on imports from most countries.
Tariffs paid by midsized US firms tripled last year, new analysis from JPMorganChase Institute shows

By JOSH BOAK
Feb 19, 2026 7:20 am - Tariffs paid by midsized U.S. businesses tripled over the course of last year, new research tied to one of America’s leading banks showed on Thursday — more evidence that President Donald Trump's push to charge higher taxes on imports is causing economic disruption.

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