The Federal Reserve left its key interest rate unchanged, but policymakers delivered a clear warning: Rate hikes are back on the table. The markets got the message. After Wednesday’s Fed announcement and a press conference by the new chair, Kevin Warsh, markets experienced a sell-off. Stocks fell in the afternoon, while Treasury yields rose. The […]
Need help finding places to hike? Want to share your dinner or blog about your latest trip and live in Illinois? Your social media use could contribute to at least $600,000 in revenue for Illinois, but it comes at a cost. Illinois Gov. JB Pritzker signed legislation Tuesday that’s caused a stir online to tax […]
A nuclear deal between the U.S. and the Dominican Republic. It’s not every day you hear America talking about nuclear power with a country that has roughly the same population as Ohio. On Wednesday, the U.S. signed a nuclear cooperation memorandum of understanding with the Dominican Republic. In their announcement, the U.S. State Department said […]
Artist, lawyer and presidential son Hunter Biden had a long history of battling drugs. After his brother, Beau, died in 2015, his addiction worsened, particularly to crack cocaine. In 2024, a federal jury in Delaware found Biden, by then a recovery advocate, guilty of being in “possession of a firearm by a person who is […]
Defense Secretary Pete Hegseth is envisioning a “NATO 3.0” after what he said was a “shameful” reaction by European member nations to America’s war in Iran. During a NATO conference on Thursday, Hegseth said the Pentagon would conduct a six-month review of American forces in Europe — shocking European leaders, who have historically had a […]
“Alright, alright, alright.” This Matthew McConaughey line, delivered in the actor’s silky smooth Southern drawl in the 1993 film “Dazed and Confused,” has lived on for decades. Now, that signature phrase is protected by the U.S. Patent and Trademark Office. It took two years, but the actor and his legal team managed to do something […]
The Obama Presidential Center opens Thursday on Chicago’s South Side, giving former President Barack Obama a permanent institution in the city that launched his political career. The $850 million project arrives after years of construction delays, legal fights and escalating costs, with Obama and former First Lady Michelle Obama returning home for a dedication ceremony […]
President Donald Trump withdrew his endorsement of Oklahoma congressional candidate Jackson Lahmeyer on Wednesday, and minutes later the Tulsa pastor suspended his campaign after a texting scandal upended the Republican primary. The move leaves state Rep. Mark Tedford as the clear favorite to become the Republican nominee in the state’s heavily Republican 1st Congressional District. […]
Hurricane season is officially underway and while the first named storm, Tropical Storm Arthur, has weakened since moving onshore along the Gulf Coast, forecasters say the flood threat is far from over. Arthur is now a low-pressure system, but still potent. It dumped up to 20 inches of rain in parts of Texas and triggered flooding there. Now, the […]
The U.S. and Iran sign a deal sooner than expected, but the biggest issue is still unresolved. The fighting stops while negotiators turn to Iran’s nuclear program. Plus, the Fed leaves rates unchanged, and the new chairman lays out his first roadmap on inflation. And Tropical Storm Arthur is weakening, but the flood threat is […]
