Red Lobster is officially out of bankruptcy process: Here's what's next
Red Lobster filed for bankruptcy protection in May and it led to the closing of dozens of restaurants in the U.S.
Federal Reserve slashes key rate by half-point, signals end of inflation battle
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for consumers.
Crafts and creativity collide at Bottle & Bottega in La Grange
In this edition of Win with Women Wednesday, FOX 32's Anita Blanton heads over to Bottle & Bottega in La Grange to flex her creativity.
How the expected rate cut could impact your money
The Federal Reserve's latest meeting starts wrapping up today when the central bank is expected to finally announce a long-awaited cut in its key interest rate. Here to explain the impact this will have on U.S. consumers is Mark Weinraub with Crain's Chicago Business.
Tupperware files for bankruptcy: Here’s what to know
Tupperware Brands has filed for Chapter 11 bankruptcy protection amid growing struggles to revitalize its business.
Target’s car seat trade-in is back: How to get your coupon
Target’s car seat trade-in event has already recycled millions of pounds of materials. Here’s how to participate and what you’ll get.
Aldi to hire 13,000 holiday workers, raising minimum wages up to $23 an hour
Aldi is hiring thousands of workers for the upcoming holiday season and for the opening of new stores in the U.S., while also increasing its minimum wages to $18 and $23 an hour.
Another restaurant chain files for Chapter 11 bankruptcy
BurgerFi International on Wednesday joined the group of restaurant chains that have filed for Chapter 11 bankruptcy protection this year.
Tips for healing from financial anxiety
Personal finance expert Anthony O'Neal dishes out money tips from his new book "Take Your Seat at the Table."
Tackling credit card debt
Americans owe a record $1.2 trillion in credit card debt. One of the biggest issues is the balance that carries over and grows each month.
Big Lots files for bankruptcy, announces sale to investment firm
Big Lots previously expressed "substantial doubt" about its ability to continue operating.
LL Flooring, hardware store once known as Lumber Liquidators, to close all 400 stores in bankruptcy proceeding
The hardware company filed for bankruptcy last month but has failed to find a buyer.
Red Lobster may exit bankruptcy protection soon
Red Lobster is set to exit Chapter 11 bankruptcy protection after a judge approved its reorganization plan. The seafood chain plans to operate 544 locations and will introduce a new CEO, Damola Adamolekun, as it looks to stabilize its business following financial struggles and restaurant closures.
Verizon to buy Frontier in $20B deal
Verizon is acquiring Frontier Communications in the massive deal to boost its network, while helping its efforts in artificial intelligence.
Foxtrot reopens in Gold Coast after being closed for months
The upscale corner store chain, Foxtrot, reopened its first location in Chicago after a temporary closure earlier this year.
Foxtrot reopens in Chicago's Gold Coast
Foxtrot, the revived upscale corner store chain, reopened its first location in Chicago’s Gold Coast on Thursday.
Foxtrot reopens store in Gold Coast
Foxtrot, the revived upscale corner store chain, reopened its first location in Chicago’s Gold Coast on Thursday.
Why are so many restaurant chains filing for bankruptcy this year?
The year has not even reached its fourth quarter and bankruptcies among restaurant chains, operating companies and large franchisees are already nearly double what they were in 2023.
College Savings: What parents and students should know
According to a recent study, saving for college is a priority now more than ever. A 529 plan offers a flexible, tax-advantage way to save and pay for educational expenses.
Krispy Kreme Barbie Doughnuts: Locations, flavors, exclusive doll giveaway
Starting Tuesday, Krispy Kreme is celebrating Barbie's 65th anniversary with four new limited-edition doughnuts: Yes, they are pink-- no, they aren't plastic. The release will also include a giveaway. Details here.