President Trump wants to cap credit card interest at 10%: the pros & cons for borrowers

The president's proposal could help consumers save billions of dollars and pay off debt faster. But financial experts say it could also make it harder for consumers with lower credit scores to get credit cards.

Tax season is almost here: What’s changed and how to get organized before you file
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Outlook Financial Center CEO Rob Burnette breaks down key tax changes this year, how life and income shifts from 2025 could affect your return, and common filing mistakes that can lead to penalties.

Student loan borrowers in default warned of wage garnishment as federal notices go out
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Federal officials are notifying student loan borrowers who have missed payments for at least nine months that wage garnishment could begin, as an Illinois Student Assistance Commission expert explains how to avoid default and explore repayment options.

Effort to ban lawmakers from stock trading gains momentum
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The effort to further regulate stock trading by congressional lawmakers has been talked about for a long time. Will 2026 be the year it finally happens?

These states are increasing the minimum wage in 2026

Significant wage hikes kick in Jan. 1 for millions of workers across these states. See if your area made the list.

Your 2026 tax guide: All the changes to know before filing

New tax deductions have been enacted for many working Americans and seniors. Here’s what you need to know about the new laws that could impact your return.

Crucial strategies for saving money in 2026
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Illinois State Comptroller Susana Mendoza shares tips on budgeting, saving, and reducing debt as part of New Year’s resolutions to help families start 2026 on a stronger financial footing.

Finance expert shares tips to teach teens smart money habits | ChicagoNOW
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Bank of America executive, Barry Mullan, shares practical advice for helping teens learn budgeting, credit, and financial independence in real-life exercises. | ChicagoNOW is a fast-paced, conversational show that spotlights what’s trending in and around Chicago.

Gen Z drives Black Friday shopping, survey says  | ChicagoLIVE
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A new survey shows Gen Z drives Black Friday shopping. | A live look at what happened today, what’s happening now, and what’s coming tonight—no script, just real news.

Stimulus payment November 2025, IRS direct deposit relief payment & tariff dividend fact check

Don’t spend that money just yet! Rumors are circulating online that the federal government will issue new stimulus checks before the end of the year. But Congress has not passed any legislation authorizing payments, and the IRS has not confirmed that any new stimulus checks are scheduled in the coming weeks.

US jobs report shows promise despite pessimistic outlook
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The newest jobs report is finally out and despite the delay, the U.S. added a lot more jobs than expected. It shows U.S. employers added 119,000 jobs, more than double what economists initially projected.

Why residents of one Chicago neighborhood are burning their property tax bills | ChicagoLIVE
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Community leader Dr. Richard Townsell joins ChicagoLIVE to talk about the “Property Tax Bill Bonfire,” a protest and organizing event meant to highlight how tax hikes and slow billing hurt working families. He explains how residents are turning frustration into action — and why he believes solutions should come from the people, not just politicians.

More Americans living paycheck to paycheck, data shows

Bank of America data shows more Americans are living paycheck to paycheck. Here's where it is the worst.

IRS direct deposit relief payment in November? Here’s what we know

Rumors continue swirling online about IRS relief payments landing in bank accounts by November or year’s end — but are they true?