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The Ivanhoe development is a massive, 700-acre project that would bring many thousands of residential units to Mundelein.
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News and Media
President Donald Trump announced plans to impose tariffs on Canada and Mexico starting next Tuesday and to double the 10% tariff on imports from China. He cited the smuggling of illicit drugs, such as fentanyl, into the US as a reason for the tariffs. These measures have caused concerns about inflation and potential impacts on the global economy.
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News and Media
In Q4 2024, the American economy grew at a 2.3% annual rate with strong year-end consumer spending, though slower than the previous quarter's 3.1%. For the year, growth was 2.8%. Despite low unemployment (4%) and reduced inflation from 2022 highs, uncertainties loom for 2025 with President Trump's trade policies and mass deportations potentially impacting prices and labor.
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News and Media
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