Economy
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Manzo: Motor fuel tax adjustment is paying dividendsJul 12, 2024 11:08 am - There has been a lot of media coverage lately about the annual inflation adjustment to Illinois’ motor fuel tax, which increased by 1.5 cents per gallon on July 1. But i...
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U.S. inflation cools again, potentially paving way for Fed to cut interest rates soon
Jul 11, 2024 8:17 am - WASHINGTON — Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon u...
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Rethinking the value of a day: How Americans measure time and money
Jul 05, 2024 10:00 am - Only one third of Americans feel financially free — but how they define that freedom varies considerably. That’s according to a new survey conducted by OnePoll and commi...
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U.S. employers added a solid 206,000 jobs in June in a sign of continued economic strength
Jul 05, 2024 3:58 pm - WASHINGTON — America’s employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again displaying the U.S. economy’s ability to withstand ...
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U.S. job openings rise to 8.1 million despite higher interest rates
Jul 02, 2024 10:46 am - WASHINGTON — U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates intended to cool the labor market. Vacancies rose from a re...
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Moving beyond COVID: How Schaumburg hopes to keep meeting demands of businessesJun 28, 2024 8:31 am - The suburbs’ largest hub of economic activity is implementing a new three-year economic development strategic plan designed to help it build upon its status in a post-pandemic world that’s affected some of its traditional strengths.
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See how your spending habits differ from previous generations
Jun 28, 2024 12:06 pm - Fifty years ago, the average American household spent more on clothing than health care, and putting food on the table cost about as much as keeping a roof overhead. Sinc...
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Federal Reserve’s preferred inflation gauge shows price pressures easing further
Jun 28, 2024 8:31 am - A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease.
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Credit card delinquencies are rising. Here’s what to do if you’re at risk
Jun 21, 2024 9:56 am - NEW YORK — Seriously overdue credit card debt is at the highest level in more than a decade, and people 35 and under are struggling more than other age groups to pay thei...
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Apple kills off its buy now, pay later service barely a year after launch
Jun 21, 2024 9:55 am - NEW YORK — Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the U.S., and will rely on companies w...
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