Chamber News

NAVAGATING THE NEW TAX LAW: WHAT SMALL BUSINESSES NEED TO KNOW
The recently enacted “One Big Beautiful Bill Act” introduces significant tax reforms designed to support small business growth. These changes are retroactive to January 20, 2025, allowing business owners to maximize savings immediately...

FISCH FINANCIAL WEEKLY UPDATE
Stocks rebounded last week as investor optimism for a September rate adjustment and strong Q2 corporate results overcame the rollout of fresh tariffs. The Standard & Poor’s 500 Index rose 2.43 percent, while the Nasdaq Composite Index gained...

WEST CHICAGO FOOD FESTIVAL RETURNS ON AUGUST 23 WITH FLAVOR, FUN, & LIVE ENTERTAINMENT
Downtown West Chicago will once again come alive with the sights, sounds, and tastes of the annual West Chicago Food Festival on Saturday, August 23, from 4 to 8 p.m. The community event promises a flavorful evening featuring a wide variety of food vendors, live music, and family-friendly activities for all ages...

INTERNATIONAL POLICY UPDATES
The Trump administration on August 7 imposed new “reciprocal” tariffs ranging from 15% to 41% on 65 countries around the globe (see the July 31 executive order). Analysts assess that the average U.S. tariff has now risen eight-fold from about...