Some Illinois taxpayers will be able to file 2024 taxes for free with IRS program
Nearly 2 million Illinois residents will be able to file their 2024 federal tax returns for free using a new program.
Medical debt banned from appearing on credit reports in new Biden administration rule
Unpaid medical bills will no longer appear on consumer credit reports, which can result in people being blocked mortgages and car loans. Here's what to know about the newly-announced rule.
New Illinois laws that could impact your wallet in 2025
Several new laws will go into effect tomorrow in Illinois, potentially impacting residents financially in the New Year.
US credit card defaults soar to highest level in 14 years
Credit card defaults jumped 50% in 2024 from the year before to the highest since 2010, data shows.
Here's the most popular financial goal for next year — and tips for success
Paying down debt tops the list of financial goals for 2025. Here’s how Americans are planning to tackle it, based on expert insights.
Here are the cities with the least sustainable credit card debts
Americans living in these cities are experiencing a high amount of credit card debt which could take them a longer time to pay off, according to a recent study.
How much you need to make to afford a single-family home in most US cities
Housing costs rose to record numbers in 2024.
Credit card debt surges to another record high, New York Fed data shows
Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.
How to celebrate the holidays without breaking the bank
It’s hard for the holidays to be the most wonderful time of the year when your finances are tight. In a Fox 32 money saver special report, Dawn Hasbrouck looks at some ways to help you still afford them and dodge some debt.
How much will this year's turkey cost you?
We're looking at Thanksgiving prices for this year.
Wall Street soars on Trump victory as analysts debate economic impact
It was a monster day on Wall Street as the Dow reacted to the election of Donald Trump by climbing 1,508 points. The tech-heavy NASDAQ Index was up by more 544 points.
IRS increases 401(k), other retirement plan contribution limits for 2025
The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.
New rules could make it easier to switch banks
A new banking rule would make it easier to switch banks or lenders, but it’s already facing pushback from the financial industry.