Articles filed under Economy
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Eligible electric and plug-in vehicle buyers will get US tax credits immediately in 2024Oct 04, 2023 1:00 am - DETROIT - Starting next year, people who want to buy a new or used electric or plug-in hybrid vehicle will be able to get U.S. government income tax credits at the time ...
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Chicago Cook Workforce Partnership launches a public outreach campaignOct 04, 2023 1:00 am - The Chicago Cook Workforce Partnership is launching a public outreach campaign to increase awareness of the region's ten American Job Centers to local career seekers and...
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McCarthy's last-ditch plan to keep the government open collapses, making a shutdown almost certainSep 29, 2023 1:00 am - WASHINGTON (AP) - House Speaker Kevin McCarthy's last-ditch plan to keep the federal government temporarily open collapsed on Friday as hard-right holdouts rejected the ...
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Higher gas prices lift Fed's preferred inflation gauge, but underlying price pressures remain mildSep 29, 2023 1:00 am - WASHINGTON (AP) - An inflation gauge closely tracked by the Federal Reserve rose in August, boosted mainly by higher gas prices. But measures of underlying inflation slo...
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US government estimates economy grew last quarter at a 2.1% rate, unchanged from previous projectionSep 28, 2023 1:00 am - WASHINGTON - The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government s...
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New California law raises minimum wage for fast food workers to $20 per hour, among nation's highestSep 28, 2023 1:00 am - SACRAMENTO, Calif. (AP) - A new law in California will raise the minimum wage for fast food workers to $20 per hour next year, an acknowledgment from the state's Democra...
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'I'm preparing for absolutely the worst': How a government shutdown could impact IllinoisSep 27, 2023 1:00 am - Dysfunction in Washington D.C. will have consequences throughout the Chicago region if lawmakers can't strike a deal to avert a government shutdown this weekend, federal...
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Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's warSep 25, 2023 1:00 am - FRANKFURT, Germany - Oil prices have risen, meaning drivers are paying more for gasoline and truckers and farmers more for diesel. The increase also complicates the glob...
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Why the U.S. job market has defied rising interest rates and expectations of high unemploymentSep 25, 2023 1:00 am - WASHINGTON - Last year's spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure - much higher interest rates,...
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Sweden's central bank hikes key interest rate, saying inflation is still too highSep 21, 2023 1:00 am - STOCKHOLM - Sweden's central bank raised its key interest rate Thursday, saying that "inflationary pressures in the Swedish economy are still too high," although there w...