Fed expected to cut rates in September
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The Federal Reserve is expected to cut interest rates when it meets in September. The rate would likely only drop a quarter-point cut, down from its 23-year high.

Illinois residents eligible for cheer settlement involving Varsity Brands

Illinois residents who paid to take part in Varsity Brands cheer competitions, camps, or purchased Varsity apparel between certain dates are now eligible for compensation under an $82.5 million settlement.

Check out the Money Museum at Federal Reserve Bank of Chicago
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There's a lot on display at the Federal Reserve of Chicago's Money Museum. Visitors can learn about economics, money, and the roles of the Federal Reserve through their interactive exhibits.

Kroger, Albertsons in court to defend merger
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Two grocery giants, Kroger and Albertsons proposed a $25 billion merger in October 2022. After pushback from lawmakers, the companies went to court Monday to defend their plan.

Americans are anxious about money during election: study
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A new study shows 78% of Americans are anxious about their finances amid the 2024 election, with 40% of investors planning to move or pull money out of the stock market due to election anxiety.

New real estate commission rules take effect today
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The new rules will make it easier for buyers and sellers to negotiate commissions, potentially leading to a reduction in costs.

VP Harris unveils economic plan
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Kamala Harris unveiled numerous proposals she hopes will lower the cost of living for American families.

CTU targets 'predatory loans' in fight for 9 percent raises, school support staff increases
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The Chicago Teachers Union (CTU) is pushing for annual 9 percent raises, additional school support staff and other concessions from Chicago Public Schools (CPS). The union has also proposed a plan to fund these demands.

US inflation slowed again in July, clearing the way for the Fed to begin cutting rates
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Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.