Prices rose 2.8% in January compared with a year earlier, the Commerce Department said Friday

Iran’s unrelenting attacks on shipping traffic and energy infrastructure in the Persian Gulf pushed oil back above $100 a barrel on Thursday, as American and Israeli strikes pounded the Islamic Republic with no sign of an end to the war in sight

Consumer prices rose 2.4% in February compared with a year earlier, the Labor Department said Wednesday, matching January’s increase

The national average gas price was $3.48 a gallon on Monday, up from $2.90 a month ago, before the war, according to tracking by AAA.

The U.S. stock market careened through a manic Monday, going from a steep early loss to a solid gain as worries turned into hope that the war with Iran may not last that long. Oil prices whipped from nearly $120 per barrel, their highest since 2022, back toward $90.

Most of the Democrats running for Illinois’ 9th Congressional District seat believe the rising cost of living is the greatest issue facing constituents – but some candidates have other priorities.

The candidates challenging Democratic U.S. Rep. Sean Casten for Illinois’ 6th Congressional District seat differ with him about the top issue facing constituents.

Oil prices have eclipsed $100 per barrel for the first time in more than three and a half years as the Iran war hinders production and shipping in the Middle East. In the U.S., a gallon of regular gasoline rose to $3.45 on Sunday, about 47 cents more than a week earlier

American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate went up to 4.4%. Economists had expected 60,000 new jobs in February.

Prices at U.S. gasoline pumps have increased since the start of the war in Iran. The average price for a gallon is $3.25, up 9% from $2.98 a week ago, according to the auto club AAA.

Renewed retaliatory strikes from Iran again raised anxiety in U.S. markets Thursday, sending futures lower and energy prices higher with prices at the pump jumping overnight.

On Tuesday, oil prices rose again and raised more alarms. The price for a barrel of Brent crude, the international standard, briefly leaped above $84.

The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, and lingering inflationary pressures.

The price of a barrel of U.S. benchmark rose more than 8% to $72.70 per barrel, a price not seen since the U.S. summer driving season and the 12-day Israel-Iran war. Brent crude jumped 9% to nearly $79.19 per barrel.

President Donald Trump sought in his first State of the Union address to sell Americans on the idea of a booming economy, falling prices, and soaring jobs, yet he faces a skeptical public with a much gloomier view

The owner of the former Harold’s Shrimp and Chicken restaurant in Joliet is facing felony charges of sales tax evasion and theft through fraudulent tax filings.

Illinois Extension is launching a flexible vegetable gardening webinar series to help gardeners of all levels save money and grow produce successfully

Just what impact the U.S. Supreme Court decision on tariffs will have on local business is tough to tell, one local economic development leader said.

Illinois Gov. JB Pritzker is demanding billions of dollars in refunds from President Donald Trump following a U.S. Supreme Court decision striking down sweeping federal tariffs

Friday’s ruling will most likely prolong political and economic chaos over international trade through the election year

A tariff is a tax levied on imported goods. Reports estimate tariffs put in by the Trump administration have cost the average American household at least $1,000 over the past year. What happens now that the Supreme Court has struck down a wide swath of the tariffs?

The Supreme Court struck down President Donald Trump’s far-reaching global tariffs on Friday, handing him a significant loss on an issue crucial to his economic agenda. Furious about the defeat, Trump said he would impose a global 10% tariff as an alternative

America’s gross domestic product — the nation’s output of goods and services — increased at an 1.4% annual rate in the fourth quarter, the Commerce Department reported Friday

A key inflation gauge accelerated in December to the fastest pace in nearly a year. Prices rose 0.4% in December from the previous month, the Commerce Department said Friday in a report that was delayed by the six-week government shutdown last fall

U.S. Rep. Robin Kelly joined local officials Tuesday to celebrate the repaired roof of the historic David Bradley Industrial Park campus warehouse.

Eliminating income taxes on young people, encouraging companies to hire more Americans, and slashing regulations are among the solutions to affordability problems proposed by some Republicans running for U.S. Senate.

Assistance resources range from mental health vouchers and crisis support lines to comprehensive financial planning tools. Economic stress takes a personal toll.

Inflation dropped to 2.4% in January compared with a year earlier, down from 2.7% in December and not too far from the Federal Reserve’s 2% target. Core prices, which exclude the volatile food and energy categories, rose 2.5% in January from a year ago

The number of Americans applying for unemployment benefits fell last week, remaining within the historically healthy range of the past few years

Ted Dabrowski: Criminals are prioritized over victims under the Democratic Party’s failed policies. Gov. Pritzker’s SAFE-T Act allows repeat felons to roam the streets freely while awaiting trial. As governor, I would fight to repeal the SAFE-T Act in its entirety.

The report included major revisions that reduced the number of jobs created last year to just 181,000, the weakest since the pandemic year of 2020, and less than half the previously reported 584,000.

The U.S. stock market roared back on Friday, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now

U.S. job openings fell to the lowest level in more than five years, another sign that the American labor market remains sluggish

From Capitol News Illinois: As the U.S. sheds manufacturing jobs, Illinois is accepting applications for $24 million in grant funding to establish training facilities at community colleges aimed at bolstering the state’s manufacturing labor pool

Jared Ploger: My three priorities are rooted in affordability: 1) Living Wages, 2) Affordable housing, 3) Fully Funding our education system, including our higher educational system. Read Ploger's full election questionnaire here

Debbie Militello: Will County needs to attract quality jobs with higher pay ranges. Warehouses are not providing the quality jobs with higher pay. Read Militello's full questionnaire here

Dave Oxley on top priorities: Getting a new drinking water source for the Sunnyland Subdivision, upgrading the gas recycling plant at the Will County Landfill to recycle more energy and working with the Will County Board to make sure we move forward on the right path.

President Donald Trump said Friday that he will nominate former Federal Reserve official Kevin Warsh to be the next chair of the Fed, a decision likely to result in sharp changes to the powerful agency that could bring it closer to the White House

The Federal Reserve pushed the pause button on its interest rate cuts on Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year

Amazon is slashing about 16,000 corporate jobs in the second round of mass layoffs for the ecommerce company in three months.

With the grand opening scheduled for spring, the $22 million Fox Haven Square development in St. Charles is quickly transforming from long-imagined to fully realized as a destination for dining and entertainment.

The city of St. Charles said 2025 represented a year of healthy occupancy rates among the storefronts and businesses in the downtown area. The city is focusing on 11 vacant storefronts going into the next year.

The Federal Reserve’s preferred inflation gauge ticked up in November in the latest sign that prices remain stubbornly elevated, while consumers spent at a healthy pace

Powered by strong consumer spending, the U.S. economy grew at the fastest pace in two years from July through September, the government said Thursday in a slight upgrade of its first estimate

The plan outlines long-term goals for the city of Dixon in five major areas: increasing available housing, improving transportation, growing the city’s economy through commercial and industrial developments and investing in community services and public infrastructure.

Rattled by President Donald Trump’s aggression towards Greenland, the European Union is readying counter-measures against the United States

The joint statement by some of America’s closest allies signaled a possible turning point in the recent tensions over sovereignty and security nearly 24 hours after Trump’s threat.

The APL Logistics warehouses are located at 1460 Cargo Court and 6225 E. Minooka Road.

A warehouse for S&S Activewear in Bolingbrook will permanently lay off its employees due to the warehouse closing.

Consumer prices rose 0.3% in December from the prior month, the Labor Department said Tuesday, the same as in November