Economy
Report: Majority of Americans living paycheck to paycheck, many blame rising inflation(The Center Square) – Recently released survey data reports that the majority of Americans are feeling the pain of inflation and living paycheck to paycheck. PYMNTS released its latest survey,… Read More
Economy
Survey: 1 in 3 Americans want to save more with New Year’s resolutions(The Center Square) – Inflation remains one of the top concerns for Americans heading into 2023, according to a new WalletHub survey. Prices on a range of goods and services… Read More
Economy
Small businesses report hardship due to inflation this Christmas season(The Center Square) – Small businesses around the country still see inflation as a top concern this Christmas season. Goldman Sachs released survey data that found that 52% of surveyed… Read More
Economy
Federal Reserve hikes rates again(The Center Square) – The U.S. Federal Reserve announced a new rate increase of half a percentage point Wednesday in its ongoing effort to curb inflation. The Fed raised the… Read More
Economy
Federal inflation data: Grocery prices continue to rise nationally(The Center Square) — While overall inflation has slowed from its rapid pace earlier this year, grocery prices continue to rise, putting Americans in a pinch, according to newly released… Read More
Economy
Wholesale vegetables price index spiked 38% last month as key inflation marker rose more than expected(The Center Square) – The U.S. Bureau of Labor Statistics released new inflation data Friday for wholesale prices with a 0.3% rise in November, part of a 7.4% increase in the… Read More
Economy
Illinois named worst state for the middle class(The Center Square) – A new report lists the Land of Lincoln as the least tax-friendly state in the nation for middle-class families. The report… Read More
Economy
Credit rating agency warns recession could trigger property tax hikes(The Center Square) – Fitch Ratings said Friday that the outlook for state and local governments was “deteriorating” and an expected recession could put pressure on state and local governments… Read More
Economy
Report: Vast majority of Americans should wait until 70 to collect Social Security(The Center Square) – The majority of Americans should wait until they’re age 70 to begin collecting their Social Security benefits to maximize their monthly payments, according to a study… Read More
Economy
Survey shows rent delinquency rates for small businesses escalating in Illinois(The Center Square) – Small businesses in Illinois and around the country continue to face difficulties paying their rent. A survey by the small businesses network Alignable shows 40%… Read More
Agriculture
Farmers can expect high interest rates and higher costs next year(The Center Square) – Farmers borrow short term money up front every year to pay for inputs and operating expenses. At harvest time when they sell their crops, they pay… Read More
Economy
Report: 41% of small businesses can’t pay rent this month(The Center Square) – More than 40% of U.S. small business owners say they couldn’t pay rent on time or in full for the month of November, the highest this… Read More
Economy
Illinois continues with nation’s worst unemployment rate(The Center Square) – A new study shows that Illinois' economy continues to trail the rest of the nation as the Land of Lincoln finished dead last in unemployment rates… Read More
Economy
Higher prices hit the holiday season as Black Friday approaches(The Center Square) – Americans will pay higher prices for a range of goods and services for the Thanksgiving holiday and Black Friday shopping this year, and it looks like… Read More
National
National debt to GDP ratio worse than CBO estimates, group says(The Center Square) – New budget estimates show that the growth of the national debt is worse than previously thought. The U.S. Congressional Budget Office released projections in … Read More
Economy
Texas again breaks all-time record for total job gainsLeads U.S. with fastest annual jobs growth (The Center Square) – Texas in October again broke an all-time record for job gains. Texas also had the fastest annual jobs growth… Read More
Economy
Thanksgiving meal costs more than ever in Illinois(The Center Square) – It is going to cost more than ever for those Thanksgiving Day dinner staples this year. Illinois shoppers taking part in the 37th annual American Farm… Read More
Economy
Producer prices rise again amid inflation woes(The Center Square) – Producer prices continued to rise in October, according to newly released federal inflation data. The producer price index rose 0.2% last month, contributing to an 8% rise… Read More
Economy
Inflation continues to rise, data shows(The Center Square) – Newly released federal pricing data shows inflation has risen 7.7% in the last 12 months. The U.S. Bureau of Labor Statistics reported that consumer prices … Read More
Economy
Unemployment rate rose in October(The Center Square) – Newly released federal data show the economy created more jobs than expected but unemployment rose in October. The U.S. Bureau of Labor Statistics released the… Read More