Best place to retire? This state just beat Florida, according to a new study

WalletHub compared the 50 states across 47 key indicators of retirement-friendliness including affordability, health-related factors and overall quality of life.

Justice Department investigating Abbott baby formula plant
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The U.S. Justice Department is now investigating the infant formula plant in Michigan that was at the center of last year's nationwide shortage. Abbott Laboratories will have to explain the violations that cause the FDA to shut it down in the first place.

Tax filing season is underway - what to know
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Start getting your W-2 forms ready because tax filing season officially began on Monday.

Old Navy on State Street to close this week

Old Navy announced it will be closing its Loop location Tuesday after 10 years.

Major Social Security trust funds could be tapped out by 2033: CBO

Social Security spending is trending upward as the proportion of Americans at or above retirement age has increased relative to the active workforce.

Gold and silver boom predicted as US hits debt ceiling, dollar devalues

Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.

Justice Department investigating Abbott baby formula plant

Abbott's Michigan plant's closure in February 2022 was a key cause of a nationwide baby formula shortage that forced parents to seek formula from food banks, friends and doctor’s offices.

Regal Cinemas closing more theaters in Chicago area

Regal Cinemas plans to close more than three dozen theaters across the country, including some in the Chicago area.

Regal Cinemas closing more theaters in Chicago area
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Regal Cinemas plans to close more than three dozen theaters across the country, including some in the Chicago area.

Why your tax refund this year could be lower than 2022's
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Dan Roccato, financial professor at the University of San Diego, talks about what tax filers can expect from their refunds this year.

Google cutting 12,000 jobs as tech industry layoffs widen

Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.