Articles filed under Economy
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Illinois needs spending restraint to help businesses thrive in 2026Jan 17, 2026 11:53 am - The Illinois General Assembly has returned for the 2026 session, and lawmakers already are debating subsidizing the Chicago Bears’ new stadium, making changes to Tier 2 pensions, addressing energy concerns and data centers, and even proposing new progressive income taxes.
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‘Til debt do us part: Planning for your business to not go as plannedJan 10, 2026 12:45 pm - Across suburban Chicago, many people will start new businesses this year, and many of them will have more than one owner. While starting a business is relatively easy, keeping it free of conflict is much more difficult. That is why taking affirmative steps to protect both the owners and the company is paramount.
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Economic outlook: What to expect in 2026Jan 10, 2026 12:30 pm - President Donald Trump’s reelection in 2024, the tariff shock in 2025, and geopolitical events along the way have left investors wondering what comes next.
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We are entering 2026 with the worst economy in yearsDec 27, 2025 11:59 am - If you are feeling down about the direction of the economy as the year comes to a close, you are not alone. There is also plenty of evidence to back up the sentiment.
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A ‘recession’ is arriving for people who want jobs in technologyDec 18, 2025 2:18 pm - Newly released jobs market data paints a murky picture ahead for the tech industry, which continues to slash workers.
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US tariffs are having an uneven effect on holiday prices and purchasesDec 15, 2025 2:06 pm - Along with the unpredictable tariffs, stubborn inflation and weak hiring have shaken consumer confidence in the U.S. economy.
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Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recentlyNov 20, 2025 9:18 pm - Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. That's caused many to limit new work to only a few specific roles, if not pause openings entirely. At the same time, sizable layoffs have continued to pile up — raising worker anxieties across sectors.
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Labor Department won’t release full October jobs report, a casualty of the 43-day federal shutdownNov 19, 2025 8:04 pm - The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn't calculate the unemployment rate and some other key numbers.
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Trump says he’d ‘love to fire’ Powell, renewing attacks on Fed chairNov 19, 2025 7:57 pm - President Donald Trump renewed his attacks Wednesday against Federal Reserve Chair Jerome H. Powell, saying he would “love to fire his ass” for not lowering interest rates as much as he would like.
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Trump, like Biden before him, finds there’s no quick fix on inflationNov 15, 2025 2:47 pm - President Donald Trump's problems with fixing the high cost of living might be giving voters a feeling of déjà vu.Just like the president who came before him, Trump is trying to sell the country on his plans to create factory jobs. The Republican wants to lower prescription drug costs, as did Democratic President Joe Biden. Both tried to shame companies for price increases.Trump is even leaning on a message that echoes Biden’s claims in 2021 that elevated inflation is simply a “transitory” problem that will soon vanish.
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