Articles filed under Economy
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Fed is set to leave interest rates unchanged while facing speculation about eventual rate cutsDec 11, 2023 12:00 am - WASHINGTON - With inflation edging closer to the Federal Reserve's 2% target, its policymakers are facing - and in some cases fueling - hopes that they will make a decis...
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Biden goes into 2024 with the economy getting stronger, but voters feel horrible about itDec 11, 2023 12:00 am - WASHINGTON - President Joe Biden goes into next year's election with a vexing challenge: Just as the U.S. economy is getting stronger, people are still feeling horrible ...
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US employers add a solid 199,000 jobs and unemployment falls, signaling a still-sturdy labor marketDec 08, 2023 12:00 am - WASHINGTON (AP) - The nation's employers added a solid 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive "sof...
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Filings for jobless claims tick up modestly, continuing claims fallDec 07, 2023 12:00 am - U.S. applications for jobless benefits ticked up last week, but the overall number of people in the U.S. collecting unemployment benefits fell after hitting its highest ...
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Manzo: A child tax credit can reduce child poverty and grow Illinois' economyDec 06, 2023 12:00 am - As we approach the holiday season and the end of year, there is much good news for the economy. The U.S. economy grew by more than 5% annualized last quarter. Wages are ...
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Fed's Powell notes inflation is easing but downplays discussion of interest rate cutsDec 01, 2023 12:00 am - WASHINGTON - Inflation is slowing steadily, but it's too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell sa...
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The world economy will slow next year because of inflation, high rates and war, OECD saysNov 29, 2023 12:00 am - WASHINGTON (AP) - The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflati...
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Pritzker promises transit fix, talks migrant housing and praises Biden at forumNov 28, 2023 5:00 am - The state and other stakeholders will resolve a looming $730 million annual shortfall facing Metra, Pace and the CTA in 2026, Gov. J.B. Pritzker said Monday. The funding...
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How are area employers approaching work from home?Nov 26, 2023 12:00 am - As big companies like Amazon and Apple come under fire for requiring their workers to come back to the office many smaller employers in this area - like most employers a...
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U.S. unemployment claims drop by 24,000 to 209,000, another sign of labor market resiliencyNov 22, 2023 12:00 am - EDITOR'S NOTE: The Associated Press is publishing an updated visual analysis of the Oct. 17 explosion at Gaza's Al-Ahli Hospital. The AP initially assessed that the ...