Your tax refund could be bigger in 2026 – here's how

Americans may see a boost in next year’s refunds in part due to provisions in President Donald Trump’s “big, beautiful" legislation. Here’s what you need to know.

Social Security cost of living adjustment for 2026: How much you'll get

The Social Security Administration released its annual cost-of-living adjustment on Friday, and it will take effect starting next year.

Back-to-school spending takes a dip as survey reveals $3.2 billion decrease
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Inflation may be cooling, but new trends within the economy spell trouble ahead. The bank of mom and dad is tightening its grip on cash as back to school spending will fall for the first time in nine years.

Powerball drawing: How far will $1 billion jackpot go for eventual winner?
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FOX Business contributor Phil Flynn joined First At Four to discuss exactly how far $1 billion could go for the winner of the massive Powerball jackpot.

Chicago City Council to weigh pros and cons of subminimum wage
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This week, the Chicago City Council will discuss the pros and cons of a subminimum wage. This is base wage between $8 to $10 an hour that?s complemented by on-the-job tips.

Ace back to school shopping with these money-saving browser tools
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Believe it or not, the start of the new school year is just around the corner. In a special FOX 32 money saver report, we take a look at the A-B-C's of back to school shopping.

Student loan payments are the highest in these states in 2025, data shows

Ongoing research shows that having a college degree leads to higher earnings over your lifetime and is still worth the investment to ensure a life of financial stability and well-being. But for many students, earning a degree also means incurring student loan debt.

Financial expert explains how to protect your money during the government shutdown
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With hundreds of thousands of workers furloughed and key services halted, Phillip Shaw from Goldstone Financial Group breaks down the potential impacts on Social Security, travel, and the economy while offering tips to safeguard your finances

Salary trends and perks: What to know before asking for a raise
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Hiring expert Thomas Vick of Robert Half Chicago breaks down current compensation trends, sought-after skills, and how AI and workplace flexibility are shaping career decisions.

Why your money doesn?t go as far | Inflation explained with Bankrate
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Groceries. Gas. Everyday bills. It feels like your money just doesn?t stretch the way it used to ? and you?re not alone. We sit down with Stephen Kates, financial analyst at Bankrate, to break down the latest on inflation.

Social Security retirement age could jump as White House considers options

The Social Security Administration commissioner said “everything is being considered" when asked during an interview about raising the retirement age.

Tesla rises after Musk buy, Tyson drops corn syrup & shoe price hikes | Business News
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Tesla stock rose after Elon Musk purchased over 2.5 million shares. Meanwhile, former President Trump is calling to end quarterly earnings reports. Tyson Foods announced plans to remove high fructose corn syrup from their products by the end of the year. Good & Gather is recalling thousands of burrito bowls due to an undeclared allergen. Additionally, shoe prices may increase as a result of tariffs.

Amazon and Google under investigation, Southwest expansion & more | Business News
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The Federal Trade Commission has launched an investigation into Amazon and Google over their online advertising practices. The agency is also examining the potential risks of kids using AI chatbots, aiming to assess how harmful these technologies may be. Meanwhile, Southwest Airlines plans to expand its international flight offerings, the FDA has approved a new health feature in Apple products, and a new survey shows holiday shopping is expected to drop by 5% compared to last year.

These are Americans' top financial regrets -- and what to do about them

Some of the top reasons people had a financial regret were not saving early enough for retirement, taking on too much student loan debt and credit card debt.

Cities where Americans are adding the most debt in 2025, according to data

Climbing out of debt can be a tough barrier to overcome, and residents in these cities have seen the size of their debt grow significantly in a short amount of time based on findings in a new study.