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.

$47M in Cook County property tax refunds to be issued automatically

More than $47 million in property tax refunds will be sent over the next few months to more than 53,000 Cook County homeowners who overpaid last year.

IRS ends COVID-19 tax credits: Here's what you need to know before filing in 2023

Among the several pandemic tax credits returning to 2019 levels is the Child Tax Credit. Filers will get $1,600 less in credit for 2022 for each qualifying child under age 17.

Starbucks to offer nationwide DoorDash delivery by March

Starbucks said delivery represents a “significant growth opportunity” for the coffee giant as more people shift to remote work with less in-person ordering.

Restaurant in Rogers Park targeted in suspected homophobic attack
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A restaurant in Rogers Park was targeted Monday evening in an alleged homophobic attack that left the front door glass shattered and sent some customers ducking for cover

Many smaller businesses plan to ramp up hiring in 2023, survey finds

The survey found that 84% of smaller business leaders said they’re also increasing compensation, while others are offering hiring bonuses, more flexible hours, and remote work options.

Here's what is open and closed on MLK Day 2023

The U.S. is marking Martin Luther King Jr.‘s birthday on Monday, Jan. 16. The federal holiday means government agencies and many banks will be closed.