Economy

Illinois Pritzker Budget Reaction Erupts as Lawmakers Clash

Illinois lawmakers offered sharply different reactions following Gov. J.B. Pritzker’s latest budget and State of the State address.

Virginia’s $15 Minimum Wage Approved

Virginia is on track to raise its minimum wage to $15 per hour, but the proposal is drawing sharp warnings from small business advocates.

Fed Data, Businesses Now Expect Inflation to Stay Low

Companies across the United States increasingly expect inflation to remain contained this year.

Coal Plant Saved from Retirement in $175M Energy Overhaul

Two dual-fuel power plants in North Carolina once scheduled to retire by 2035 will now operate at least through 2040.

ICE Crackdown Rocks Minneapolis Economy

Minnesota Democrats are calling for $200 million in taxpayer assistance after federal Immigration and Customs Enforcement (ICE) operations.

Economy Surges Past Expectations with 130K Gains

The United States created 130,000 new jobs in January after economists had projected only 70,000 jobs would be added.

Treasury Predicts 2026 Boom as Dow Smashes Record

The Treasury Secretary predicts a blockbuster 2026 U.S. economy as the Dow Jones Industrial Average reaches a historic milestone.

North Carolina No. 1 for Business as Billions Pour In

For the third time in six years, North Carolina has been ranked No. 1 for business climate and economic development by Business Facilities.

Trump Approval Holds at 44% as New Poll Highlights Economic Concern

A new poll shows President Trump’s approval rating at 44% as 2026 begins, with voter concerns about the economy shaping public opinion.

Fed Freezes Rates as Inflation, Politics Begin to Boil

The Federal Reserve left interest rates unchanged on Wednesday in a 10‑2 vote, signaling a pause in its recent cycle of monetary easing and pointing to signs that the labor market is stabilizing.

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