Atlanta-based UPS announces plan to cut 12K jobs worldwide

Atlanta-based United Parcel Service Inc. is planning to cut 12,000 jobs worldwide and explore the sale of its Coyote truck brokerage business in response to soft demand and higher union labor costs in 2023.

Ravinia Brewing Company faces threat of closure in trademark dispute with Ravinia Festival
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For nearly six years, Ravinia Brewing has been serving craft beer in Highland Park, more recently at a taproom in Logan Square. But now, they say they?re in danger of being bullied out of business by the much bigger Ravinia music festival.

Ravinia Brewing Company faces threat of closure in trademark dispute with Ravinia Festival

For nearly six years, Ravinia Brewing has been serving craft beer in Highland Park, more recently at a taproom in Logan Square. But now, they say they’re in danger of being bullied out of business by the much bigger Ravinia music festival.

New way to file federal tax return for free
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The IRS is offering a new option to filed your federal tax return for free this year. They are launching Direct File for eligible Americans.

Chicago dollar store crackdown: City Council vote delayed as sponsor rejects business-backed compromise

Far Southwest Side Ald. Matt O’Shea (19th) on Monday called off a showdown vote on his proposal to tighten regulations on Chicago’s 150 dollar stores after rejecting a proposed compromise floated by three prominent business groups.

Tax season kicks off with some changes
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It's officially tax season. The IRS has rolled out a few tweaks this year to account for higher-than-normal inflation last year.

Americans living paycheck to paycheck
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More than half of Americans said they would not be able to afford a $1,000 emergency expense, according to a recent survey. Economic analyst Mark Hamrick has some tips on how to build up an emergency savings account.

IRS launches its free-filing pilot program in 12 US states

With tax season kicking off Monday, the IRS is rolling out a new online option for filing your 2023 returns. Here's how it works.

Layoff list: Major tech companies that have cut jobs so far in 2024

More than 20,000 jobs have already been shed in the tech industry just three weeks into the new year, according to one layoff tracking site.

Most Americans cannot afford a $1K emergency expense

Thirty-five percent of adults surveyed said they'd have to borrow money if they had a $1,000 unexpected expense.

Study: Gen Z, millennials are ‘obsessed’ with idea of being rich

The study found that nearly 60% of millennials said they feel behind financially, likely contributing to feelings of financial inadequacy.

Temu plans to open its marketplace to US, European sellers

Temu, the China-founded online retailer surging in popularity in the United States, is opening its platform to U.S. and European sellers.

Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted

The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.

When will the IRS send out tax refunds

The IRS says most taxpayers should expect their refund within 21 days of filing but it could take longer for some.