News
Wall Street sinks as Trump threatens 8 European countries with tariffs over Greenland
2+ hour, 20+ min ago (825+ words) NEW YORK " Stocks slumped on Wall Street Tuesday after President Donald Trump threatened to hit eight European countries with new tariffs as tensions escalate over his attempts to assert American control over Greenland. The losses were widespread, with nearly every…...
Food costs spiked in December while gas prices cooled. Here’s the latest look at consumer expenses.
14+ hour, 6+ min ago (1141+ words) The U.S. Bureau of Labor Statistics released its latest consumer price report last week, providing a closer look at how energy costs, grocery prices and other everyday expenses have shifted in the nearly 12 months since President Donald Trump assumed office. Across…...
Editorial: Why Chicago hotels have a case for taxing themselves. And why we worry.
19+ hour, 6+ min ago (400+ words) Anyone who has stayed in a hotel in a high-tax city like Seattle or New York is familiar with how that nightly $200 hotel room turns into $235 or more once numerous taxes are added. Both U.S. states and cities from Omaha to…...
Letters: New Illinois law will strengthen our electric grid. But we also need national permitting reform.
2+ day, 19+ hour ago (1025+ words) Gov. JB Pritzker's signature this month on comprehensive energy legislation that promotes renewables is a welcome sign for people like me coping with high electricity bills and a warming planet that has caused torrents of rain in Chicago and elsewhere…...
Editorial: The 2026 economy has promise, but here’s why you should not relax
1+ week, 1+ day ago (452+ words) Forecasting is never foolproof, but since the pandemic, professional forecasters have been mostly on target, if a little pessimistic. A Federal Reserve review deemed late 2024s forecasts "quite accurate" for 2025. Two cautions: Downturns after long expansions are rarely predicted, and even…...
US stocks rose again in 2025 after overcoming turbulence from tariffs and Trump’s fight with the Fed
2+ week, 4+ day ago (1120+ words) NEW YORK " It was a scary good year for investors. It was scary because the U.S. stock market plunged to several historic drops on worries about everything from President Donald Trump's tariffs to interest rates to a possible bubble in artificial-intelligence…...
Wall Street in a holding pattern as a wild 2025 winds down
3+ week, 10+ hour ago (396+ words) Wall Street is largely unchanged early Tuesday as trading for 2025 nudges closer to the finish line. Gold, silver and copper all resumed their ascent after steep declines Monday. Futures for the S&P 500, Dow Jones Industrial Average and Nasdaq were…...
December interest rate cut was a close call for some Fed officials, minutes show
3+ week, 10+ hour ago (314+ words) Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping the rate unchanged, minutes released Tuesday show, underscoring the divisions and uncertainty permeating the central bank. WASHINGTON " Some Federal Reserve officials…...
Stocks slip on Wall Street as 2025 winds down
3+ week, 1+ day ago (266+ words) NEW YORK " Stocks slipped in morning trading on Wall Street Monday to kick off another holiday-shortened week. The S&P 500 fell 0.4%. With just three trading days left in 2025, the benchmark index is still up more than 17%for the yearand it…...
Economía de EEUU creció 4,3% en período julio-septiembre
4+ week, 10+ hour ago (371+ words) El producto interno bruto de julio a septiembre "la producci'n total de bienes y servicios de la econom'a" aument' desde su tasa de crecimiento del 3,8% en el trimestre de abril a junio, inform' el martes el Departamento de Comercio en…...