Amazon to pay $2.5B in FTC Prime case | We talk to the lead attorney
Most of us have Amazon Prime, but did you know the company just agreed to pay $2.5 billion to settle a Federal Trade Commission claim? The FTC alleges Amazon tricked tens of millions of Americans into enrolling in Prime and then made it confusing and difficult to cancel. We’re joined by Jonathan Cohen, lead Federal Trade Commission attorney, to explain.
Poll: Streaming overtaking theaters for movie watching
U.S. moviegoers are opting to watch newly released movies from the comfort of their own homes instead of heading to a theater, according to a new poll.
Gen Z faces harsh financial reality as credit scores plunge to dangerous record lows across America
Experts warn that pandemic spending, student loan delinquencies and poor money habits have left young Americans vulnerable to a lifetime of higher costs and fewer choices.
RadioShack, Pier 1 Imports owners accused of operating $112 million Ponzi scheme
The SEC accused Alex Mehr and Tai Lopez of misleading investors about the struggling retail brands' performance.
Some student loan borrowers brace for smaller paychecks: What to know
Student loan borrowers who have defaulted on payments could have up to 15% of their pay docked by the federal government starting soon.
Social Security to stop issuing paper checks: What to know
Electronic payments will officially begin on Sept. 30.
Charlie Kirk could be placed on US currency under new House GOP proposal
A pair of House Republicans are pushing to have Charlie Kirk memorialized on U.S. currency in the wake of his assassination earlier this month.
Disney raising subscription prices again — here’s when it takes effect
Disney+ and Hulu customers are about to pay more, as the company prepares another round of streaming price hikes.
Here's how many Americans say they'll go into debt for football
Many Americans will spend money on football this season, and here's how many say they will be going into debt over it.
Spirit Airlines bankruptcy cuts, Netflix beer collaboration, NVIDIA's $100B AI deal | Business News
NVIDIA is pouring $100 billion into Open AI, Spirit Airlines cuts 1,800 jobs, Google faces antitrust pressure, Netflix teams with Anheuser-Busch, Edible Arrangements enters the cannabis industry and "Buy Now, Pay Later" loans may soon impact credit scores. | FOX 32's Good Day Chicago starts your morning off with the latest breaking news from across the area.
Social Security retirement age could jump as White House considers options
The Social Security Administration commissioner said “everything is being considered" when asked during an interview about raising the retirement age.
General Mills price cuts, Starbucks lawsuit and Amazon pay raises | Consumer news
General Mills is dropping prices on some of their most popular products, Starbucks workers are suing over a dress code, Amazon pledges $1B to boost worker pay and cut health care costs. Plus, Ben & Jerry co-founder stepping down and more.
Fed cuts key interest rate, signals two more this year
The Federal Reserve has faced ongoing pressure from President Donald Trump to lower interest rates. However, the central bank has chosen to keep rates unchanged since late 2024.