US gas prices over 40% higher than last year after big jump in May
The pain drivers are feeling at the pump continued into May with the cost of gas rising for the fourth straight month. Prices now sit 42.2% higher than the same time last year, with most of the country experiencing an even larger increase over that time.
The pain drivers are feeling at the pump continued into May with the cost of gas rising for the fourth straight month. Prices now sit 42.2% higher than the same time last year, with most of the country experiencing an even larger increase over that time.
Blame this, not AI, for rising unemployment among young college graduates, study says
Despite persistent fears that artificial intelligence would take away more and more jobs, that may not be the reason a rising number of young college graduates are having trouble finding work.
Despite persistent fears that artificial intelligence would take away more and more jobs, that may not be the reason a rising number of young college graduates are having trouble finding work.
America's inflation pain hits the produce aisle – tomatoes lead the spike | ChicagoLIVE
Tomatoes have become the latest symbol of rising food costs in the U.S., with prices up about 40% over the past year.
Tomatoes have become the latest symbol of rising food costs in the U.S., with prices up about 40% over the past year.
New study reveals which states have the best economies
This state topped the list as the strongest state economy, fueled by innovation, STEM talent and a thriving tech sector, according to new data.
This state topped the list as the strongest state economy, fueled by innovation, STEM talent and a thriving tech sector, according to new data.
CEO pay grew nearly 6% in 2025, fueled by huge compensation deals
Corporate executive pay continued its upward movement last year, driven by a bump in total compensation. Organizations leveraged high stock performance and one-time financial incentives to maintain executive talent, pushing CEO payments to millions of dollars.
Corporate executive pay continued its upward movement last year, driven by a bump in total compensation. Organizations leveraged high stock performance and one-time financial incentives to maintain executive talent, pushing CEO payments to millions of dollars.
Market rallies despite Iran tensions as investors watch oil prices closely
Investment advisor Jonathan Hoenig breaks down why markets continue climbing amid the Iran conflict, what could impact gas prices next, and how Americans can navigate the economy for the rest of the year.
Investment advisor Jonathan Hoenig breaks down why markets continue climbing amid the Iran conflict, what could impact gas prices next, and how Americans can navigate the economy for the rest of the year.
New study reveals best and worst places to raise a family in America
Raising a family requires a lot of time and planning, but sometimes the area you decide to relocate to may offer good opportunities for a fresh start in a new zip code, according to a recent study.
Raising a family requires a lot of time and planning, but sometimes the area you decide to relocate to may offer good opportunities for a fresh start in a new zip code, according to a recent study.
Top 5 US housing markets where home prices are dropping right now
Home sellers across the country still find themselves needing to cut their asking prices in order to find buyers, with nearly one out of every six of them doing so last month. However, in some cities, that figure is much higher.
Home sellers across the country still find themselves needing to cut their asking prices in order to find buyers, with nearly one out of every six of them doing so last month. However, in some cities, that figure is much higher.
American confidence in economy drops to four-year low, poll finds
American economic confidence has plummeted to its lowest level in nearly four years, driven by a combination of resurgent inflation, soaring gas prices and growing political pessimism in both parties.
American economic confidence has plummeted to its lowest level in nearly four years, driven by a combination of resurgent inflation, soaring gas prices and growing political pessimism in both parties.
House proposal would charge EV owners $130 yearly for road repairs
Electric vehicle owners could soon face a $130 annual federal fee under a proposed bipartisan bill created to shore up funding for road maintenance.
Electric vehicle owners could soon face a $130 annual federal fee under a proposed bipartisan bill created to shore up funding for road maintenance.
Americans turning to installment plans to skip credit cards, live comfortably
More than a quarter of Americans sometimes or often turn to buy-now-pay-later purchase plans when shopping online and many of them are doing so to avoid racking up credit card debt, a new study finds.
More than a quarter of Americans sometimes or often turn to buy-now-pay-later purchase plans when shopping online and many of them are doing so to avoid racking up credit card debt, a new study finds.
How does unemployment work?
The U.S. is in what economists are calling a “low-hire, low-fire" state, which means many people who are out of work are struggling to find new jobs. Here’s what to know about unemployment benefits.
The U.S. is in what economists are calling a “low-hire, low-fire" state, which means many people who are out of work are struggling to find new jobs. Here’s what to know about unemployment benefits.
April had the 6th-highest gas prices in nearly 4 years
Consumers faced record-breaking hardship at the pump in April as the national average for a gallon of gas exceeded $4 per gallon for the first time since 2022.
Consumers faced record-breaking hardship at the pump in April as the national average for a gallon of gas exceeded $4 per gallon for the first time since 2022.
SNAP changes are impacting local grocery stores
Two weeks after major SNAP changes took effect. Some local grocery stores say they’re already feeling the impact. Lauren Scafidi is following this tonight.
Two weeks after major SNAP changes took effect. Some local grocery stores say they’re already feeling the impact. Lauren Scafidi is following this tonight.
Walmart to cut or relocate 1,000 jobs in efforts to compete with Amazon
Walmart is restructuring its staff to focus on expansion of AI and tech initiatives. The move marks a significant strategy to compete with Amazon and other retailers.
Walmart is restructuring its staff to focus on expansion of AI and tech initiatives. The move marks a significant strategy to compete with Amazon and other retailers.
Illinois could see higher gas taxes on July 1 amid surging prices | The Chicago Report
As gas prices surge across the country, Illinois' motor fuel tax is set to increase again on July 1. Despite calls to suspend the gas tax, Gov. JB Pritzker has not been warm to the idea.
As gas prices surge across the country, Illinois' motor fuel tax is set to increase again on July 1. Despite calls to suspend the gas tax, Gov. JB Pritzker has not been warm to the idea.
Young Americans stand out for job market pessimism, data shows
Young Americans' confidence in the job market has plummeted significantly, falling well below the optimism levels of older generations for the first time in years, according to a new poll.
Young Americans' confidence in the job market has plummeted significantly, falling well below the optimism levels of older generations for the first time in years, according to a new poll.
How much will Illinois’ gas tax increase on July 1?
Illinois gas tax is set to increase again on July 1, despite prices spiking across the country.
Illinois gas tax is set to increase again on July 1, despite prices spiking across the country.
CPI report: April inflation jumped at fastest rate in three years
As the war in Iran carries on, prices rose for Americans in April at the fastest rate since May 2023.
As the war in Iran carries on, prices rose for Americans in April at the fastest rate since May 2023.
Could a gas tax break help drivers amid surging prices? | The Chicago Report
President Trump said he wants to suspend the nation's gas tax to provide relief for drivers amid surging oil prices due to the ongoing conflict in the Middle East.
President Trump said he wants to suspend the nation's gas tax to provide relief for drivers amid surging oil prices due to the ongoing conflict in the Middle East.