Will the economy bounce back in 2023? What to know
It's been a bumpy ride for the U.S. economy in 2022. We'll get a picture of whether we'll end the year strong with some reports due this week.
It's been a bumpy ride for the U.S. economy in 2022. We'll get a picture of whether we'll end the year strong with some reports due this week.
Fed hikes rates again with more expected to come
The Federal Reserve has announced its seventh rate hike this year, with more expected in 2023.
The Federal Reserve has announced its seventh rate hike this year, with more expected in 2023.
Illinois and Indiana issue inflation-relief payments
States are also offering expanded tax credits.
States are also offering expanded tax credits.
Fighting shrink-flation: Products get smaller while prices stay the same
Personal finance expert Dan Roccato recommends buying generic brands or buying in bulk and says to consider shopping Wednesday mornings to catch weekend sales.
Personal finance expert Dan Roccato recommends buying generic brands or buying in bulk and says to consider shopping Wednesday mornings to catch weekend sales.
Secret Service recovers $286 million in stolen pandemic loans
Since 2020, the Secret Service initiated more than 3,850 pandemic related fraud investigations.
Since 2020, the Secret Service initiated more than 3,850 pandemic related fraud investigations.
New grant program aims to benefit suburban Cook County manufacturing companies
Suburban Cook County manufacturing companies are getting a boost with the launch of a new initiative.
Suburban Cook County manufacturing companies are getting a boost with the launch of a new initiative.
US economy adds 528K new jobs in July
Economists were only expecting about half the new jobs that were added in July.
Economists were only expecting about half the new jobs that were added in July.
Inflation digging Americans into deeper debt
Rising inflation is causing more Americans to dig themselves into a financial hole, giving them a financial headache. Household debt now tops $16 trillion in the second quarter, according to a report.
Rising inflation is causing more Americans to dig themselves into a financial hole, giving them a financial headache. Household debt now tops $16 trillion in the second quarter, according to a report.
US economy shrank last quarter, 2nd straight drop - expert weighs in
For the last six months, the U.S. economy has been contracting. That's what we learned Thursday with the newest quarterly GDP report.
For the last six months, the U.S. economy has been contracting. That's what we learned Thursday with the newest quarterly GDP report.
What kind of economic impact will Lollapalooza have on Chicago?
Michael Jacobson, president and CEO of the Illinois Hotel & Lodging Association, weighs in on how much money Lollapalooza will bring to Chicago's economy this weekend.
Michael Jacobson, president and CEO of the Illinois Hotel & Lodging Association, weighs in on how much money Lollapalooza will bring to Chicago's economy this weekend.
First round of $500 monthly payments distributed to Chicago residents
Chicago's monthly cash assistance program got underway Monday with the first $500 monthly payments going out to low-income households who faced financial hardship during the pandemic.
Chicago's monthly cash assistance program got underway Monday with the first $500 monthly payments going out to low-income households who faced financial hardship during the pandemic.
Concerns grow over report of tech layoffs
Reports are circulating on social media of layoffs and hiring freezes among tech companies.
Reports are circulating on social media of layoffs and hiring freezes among tech companies.
Is the US headed towards a recession? Expert breaks it down
Investors fear aggressive federal tightening of interest rates will plunge the economy into recession.
Investors fear aggressive federal tightening of interest rates will plunge the economy into recession.
Stocks drop as Wall Street fears a potential recession
Connell McShane from Fox Business breaks down what's going on in the stock market and what investors can expect this week.
Connell McShane from Fox Business breaks down what's going on in the stock market and what investors can expect this week.
US inflation hits highest level in 40 years
The latest inflation numbers are out and they confirm what Americans are feeling: things are more expensive. Inflation hit 8.6 percent -- the highest level in 40 years.
The latest inflation numbers are out and they confirm what Americans are feeling: things are more expensive. Inflation hit 8.6 percent -- the highest level in 40 years.
Elon Musk tells Tesla employees to return to office full-time or ‘depart’ company
Tesla CEO Elon Musk said employees who don't want to return to the office full-time should "pretend to work somewhere else."
Tesla CEO Elon Musk said employees who don't want to return to the office full-time should "pretend to work somewhere else."
Key inflation measure slowed in April for the first time since 2020
High inflation is still causing hardships, but any slowing of price increases, if it can be sustained, will provide some modest relief.
High inflation is still causing hardships, but any slowing of price increases, if it can be sustained, will provide some modest relief.
Stocks end lower Thursday; nearing but not yet a 'bear' market
Whether it?s the price of everything going up or the stock market going down, there?s bound to be something to worry just about everyone when it comes to the economy.
Whether it?s the price of everything going up or the stock market going down, there?s bound to be something to worry just about everyone when it comes to the economy.
Tips on how to make extra money to afford inflation
With prices skyrocketing, who wouldn?t like a few extra bucks in their pocket right about now?
With prices skyrocketing, who wouldn?t like a few extra bucks in their pocket right about now?
Application deadline for $500 monthly Chicago cash assistance program is Friday
Friday is the final day Chicago residents can apply for the city's $500 monthly cash assistance program.
Friday is the final day Chicago residents can apply for the city's $500 monthly cash assistance program.