When Janessa Rodriguez, Raquel Cruz and Gabrial Cruz opened the Waukegan Mail Depot as a Hispanic and majority women-owned business in November, they envisioned a community and business hub where people can do more than have a mailbox or ship packages.
The G7 summit in Canada faced disruption with Trump's early departure amidst escalating tensions between Israel and Iran. Despite disagreements, leaders issued a statement on Iran's nuclear ambitions and de-escalation. Trump's stance on Ukraine and trade policies contrasted with other G7 members, overshadowing discussions on Russia, Ukraine, and global economic concerns.
Daniel R. Patch, Jr., is the second generation of his family to operate one of Waukegans oldest businesses, Peterson & Patch Funeral Home, and he is making an effort to move it into the future.
Gold reserves: A World Gold Council survey shows nearly half of central banks plan to boost gold reserves amid geopolitical risks. Gold may outpace the US dollar, with growing preference for safer, non-dollar assets including yuan and euro.
Former Senator Bob Menendez has begun his 11-year prison sentence for political corruption at a federal facility in Pennsylvania. Convicted of acting as an agent of a foreign government, Menendez faces a starkly different reality after a career marked by influence and power. His fall from grace has sent ripples through New Jersey's political landscape.
Federal Reserve officials are grappling with new economic data indicating a potential slowdown due to Trump administration policies and trade uncertainties. Retail sales and industrial production have unexpectedly contracted, while homebuilder sentiment has declined.
Warburg Pincus may acquire a majority stake in Nuvama Wealth Management as PAG looks to sell its 54% holding, valued at $1.6 billion. JPMorgan and Morgan Stanley are advising on the potential transaction, according to reports.