Economists question whether US is currently in a recession

Economists are questioning if the U.S. could be in a recession after the most recent employment report showed strength in the job market.

US service members eligible for PSLF are short on time to apply under new rules, CFPB warns

Service members could potentially have thousands of dollars in federal student debt forgiven if they apply to have these loans credited under the Public Service Loan Forgiveness (PSLF) program before the October deadline.

Tips for making the most out of Illinois' sales tax holiday
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Consumer savings expert Andrea Woroch talks about the state's 10-day sales tax holiday for clothing and school supplies and how you can make the most out of it.

Gas prices drop amid wavering consumer demand, AAA says

Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.

Chicagoans hit disproportionately hard by rising inflation
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Residents of Chicago and Illinois have felt the pinch of rising inflation more than surrounding areas, according to data from the Illinois Policy Institute.

This is how much home prices grew in the second quarter

Home prices surged in the second quarter, nearing a record high, according to Fannie Mae. Here's how homeowners can tap into their home's value.

How will the Inflation Reduction Act impact Americans?
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U.S. Rep. Brad Schneider details how he thinks the Inflation Reduction Act will lower the cost of living for Americans and stabilize prices of necessities across the nation.

Fed raises interest rates again — here’s how it affects your wallet

The Federal Reserve raised interest rates again at its July meeting, marking its second 75-basis point hike this year. Here's how that affects your wallet.

What can homebuyers expect from today's turbulent mortgage rates?
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Erika Giovanetti, loans expert at U.S. News & World Report, talks about mortgage rate volatility and how the housing market is responding to the latest housing market trends.