Articles filed under Economy
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High oil prices knock down stocks and erase Wall Street's hopes for a cut to interest ratesMar 20, 2026 3:54 pm - Another climb for oil prices shook stock markets on Friday, as hopes collapsed for a possible cut to interest rates this year by the Federal Reserve
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US national debt surges past $39 trillion just weeks into war in IranMar 18, 2026 8:47 pm - The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the U.S.-Israeli war in Iran.
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US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during Iran warMar 18, 2026 8:25 pm - U.S. companies will be allowed to do business with Venezuela's state-owned oil and gas company after the Treasury Department eased sanctions, with some limitations, on Wednesday as the Trump administration looks for ways to boost global oil supplies during the Iran war.
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Tax changes for 2025: New deductions for seniors, car buyers and familiesMar 02, 2026 6:49 pm - Some taxpayers may get good news in their returns this year, experts say.
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Politicians should cut red tape for small businessesFeb 28, 2026 1:27 pm - Each year, legislation is filed, which if passed, places new burdens on small businesses, often with corresponding fines and penalties. This puts small businesses on the defensive, hoping that new regulations do not threaten their viability or ability to grow.
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January inflation eased more than expected in promising sign for economyFeb 13, 2026 4:11 pm - Inflation cooled more than expected in January, capping a week of promising economic data, easing pressure on the White House, which has faced political criticism about the economy.
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Next US jobs report will define just how much labor market is slowing downFeb 09, 2026 12:56 pm - A denser-than-usual jobs report is expected to show just how much the U.S. labor market has slowed in recent years - or perhaps that it wasn’t growing at all.
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Layoffs are piling up, heightening worker anxiety. Here are some of the biggest recent job cutsJan 31, 2026 1:58 pm - As layoffs pile up, workers are feeling increasingly anxious about the job market. In the U.S., economists have said that businesses are largely at a “no-hire, no fire” standstill, leading many to limit new work, if not pause openings entirely amid economic uncertainty.
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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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