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U.S. stocks slumped Wednesday after a report said inflation was primed to worsen even before the war with Iran caused oil prices to spike. That and comments from the head of the Federal Reserve pushed Wall Street to see less chance of getting the lower interest rates that it loves.
Updated: Mar 18, 2026 at 09:12 PM
The escalating war with Iran is pushing parts of the world into energy triage, forcing governments to choose where to cut demand or absorb costs, while prioritizing dwindling supplies.
Updated: Mar 17, 2026 at 07:36 AM
A drop in oil prices on Monday helped send the U.S. stock market to its best day since the war in Iran began.
Updated: Mar 16, 2026 at 04:47 PM
Twenty-five high school students were recognized by the Elgin Area School District U-46 board at its March 2 meeting for their outstanding achievements in the fine arts.
Updated: Mar 16, 2026 at 12:24 PM
Team USA really thought it was unbeatable, didn’t it? An American colossus bent on dominating the world (in baseball). Over and over, we heard about this super-team full of selfless warrior poets bursting with American exceptionalism and crying patri...
Updated: Mar 14, 2026 at 04:58 PM
A film charity announced Friday that it has found two previously lost 1960s episodes of “Doctor Who” in film cans wrapped in plastic bags among the possessions of a deceased collector.
Updated: Mar 13, 2026 at 01:51 PM
All six crew members of a KC-135 refueling aircraft supporting operations against Iran are dead, the U.S. military said Friday, after their plane crashed in western Iraq.
Updated: Mar 13, 2026 at 11:04 AM
Guest columnist Ralph Martire:
Published: Mar 13, 2026 at 05:00 AM
The Elgin City Council agreed Wednesday to continue its partnership with the Elgin Area Chamber of Commerce to provide economic development services for the city.
Updated: Mar 12, 2026 at 07:17 PM
With no clear end in sight, the war with Iran sent oil prices back to $100 per barrel on Thursday, and stocks sank worldwide. The S&P 500 fell 1.5% and resumed its sharp swings following a couple days of relative calm. The Dow Jones Industrial Average dropped 739 points, or 1.6%, and the Nasdaq composite lost 1.8%.
Updated: Mar 12, 2026 at 05:19 PM