Lingering doubts about the economic promise of artificial intelligence technology are starting to get the attention of financial institutions that raised warning flags this week about an AI investment bubble

For now, financial markets are shrugging off the impasse as just the latest failure of Republicans and Democrats to agree on a budget and keep the government running

The increased Illinois minimum wage appears to be a key factor in the lack of workers at area animal shelters.

The state conference for the NAACP is being held this weekend in Bradley, attracting hundreds to the area.

The Commerce Department reported Friday that its personal consumption expenditures (PCE) price index was up 2.7% in August from a year earlier

President Donald Trump said Thursday that he will put import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1

The economy is a particularly weak issue for Trump among independents. Only about 2 in 10 independents approve of how Trump is handling the economy

Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials who have called for a more urgent approach

“Downside risks to employment have risen,” the Fed said in a statement after its two-day meeting.

Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school shopping, even as President Donald Trump’s tariffs are starting to hurt the job market and lead to price increases

Those who favor quarterly earnings say the reports provide investors with valuable financial updates and make them aware of any new risks a company is facing.

Democratic candidates vying for outgoing U.S. Sen. Dick Durbin’s seat say tariffs under U.S. President Donald Trump has hurt small businesses and farmers.

Consumer prices rose 2.9% in August from a year earlier, the Labor Department said Tuesday, up from 2.7% the previous month and the biggest increase since January

Employers added 911,000 fewer jobs than originally reported in the year that ended in March 2025, the Labor Department reported Tuesday

U.S. Homeland Security Secretary Kristi Noem said Monday she doesn’t think the detention of hundreds of South Koreans in an immigration raid at a Hyundai plant in Georgia will deter investment in the United States

U.S. employers added just 22,000 jobs last month as the labor market continued to cool under uncertainty over President Donald Trump’s economic policies

The government has argued that if the tariffs are struck down, it might have to refund some of the import taxes that it’s collected, delivering a financial blow to the U.S. Treasury

Trump has promised Americans he’ll lower their drug costs. But imposing stiff pharmaceutical tariffs risks the opposite and could disrupt complex supply chains, drive cheap foreign-made generic drugs out of the U.S. market and create shortages

In July alone, the number of Canadian residents returning from the U.S. by car was down 37% from the year before, and return trips by plane fell 26%

Economists worry that if Trump gets what he wants — a loyal Fed that sharply cuts short-term interest rates — the result would likely be higher inflation and, over time, higher borrowing costs for things like mortgages, car loans and business loans

The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars

Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month

Low-value imports are losing their duty-free status in the United States this week as part of President Donald Trump’s agenda for making the nation less dependent on foreign goods and resetting global trade with tariffs

Cook said Monday night that she would not step down. “President Trump purported to fire me ‘for cause’ when no cause exists under the law, and he has no authority to do so,” she said in an emailed statement. “I will not resign.”

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move

The Grundy Economic Development Council shared an economic snapshot with the Grundy County Board on Tuesday, discussing the county's 8.1% growth from 2010 to 2024, making it the sixth fastest growing county in Illinois.

Retail sales rose 0.5% last month, a slowdown from a revised 0.9% in June, which was revised upward, according to the Commerce Department’s report released Friday

Almost 20 people have graduated from a pre-apprenticeship program in Will County that prepares them for union trade apprenticeships and construction project opportunities.

A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower

Michigan Gov. Gretchen Whitmer met privately in the Oval Office with President Donald Trump to make a case he did not want to hear: the automotive industry he said he wants to save were being hurt by his tariffs

American businesses and consumers soon will have a better idea of how President Donald Trump’s foreign trade agenda might affect them now that the United States has imposed higher tariffs on products from dozens of countries

President Donald Trump’s plans for 100% tariffs on computer chips that aren’t made in the U.S. are stoking confusion among businesses and trading partners

President Donald Trump began imposing higher import taxes on dozens of countries Thursday just as the economic fallout of his monthslong tariff threats has begun to cause visible damage to the U.S. economy

Only 14% say it’s not a source of stress, underscoring the pervasive anxiety most Americans continue to feel about the cost of everyday essentials.

Job gains are dwindling. Inflation is ticking upward. Growth has slowed compared with last year.

After 27 years and likely millions of tacos and burritos served, La Siesta restaurant will be closing next weekend, but not without first holding a Farewell Fiesta for the community on Friday, August 8.

President Donald Trump on Friday removed the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported

American businesses and consumers woke up Friday to find the contours of President Donald Trump’s foreign trade agenda taking shape but without much more clarity on how import taxes on goods from dozens of countries would affect them.

U.S. employers added just 73,000 jobs last month and Labor Department revisions showed that hiring was much weaker than previously reported in May and June

Trump has promised that his tax hikes on the nearly $3 trillion in goods imported to the United States will usher in newfound wealth

The reaction from financial markets was muted

President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of U.S. trading partners to go into effect on Aug. 7

Appellate court judges expressed broad skepticism Thursday over President Donald Trump’s legal rationale for his most expansive round of tariffs

The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut

The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a first-quarter drop that reflected disruptions from President Donald Trump’s trade wars

President Donald Trump says he’ll impose a 25% tariff on goods from India, plus an additional import tax because of India’s purchasing of Russian oil.

China’s top leaders have pledged to help companies slammed by higher U.S. tariffs but held back on major moves after trade talks with the U.S. this week kept businesses and planners in limbo

The price increases, which will be implemented starting next month, will be in the mid-single digit percentages

As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into focus for a domestic manufacturing sector that depends on global supply chains, with a new analysis suggesting factory costs could increase

The tariffs, or import taxes, paid when Americans buy European products could raise prices for U.S. consumers and dent profits for European companies and their partners who bring goods into the country