Illinois tourism soars as record hotel revenue signals post-pandemic recovery, officials say

Illinois has hit a tourism milestone. The slogan for Illinois is we are in the “middle of everything", and it appears the state is in the middle of a post-pandemic recovery on the tourism front.

Illinois governor announces record-breaking hotel revenues
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Illinois has hit a tourism milestone. The slogan for Illinois is we are in the ?middle of everything?, and it appears the state is in the middle of a post-pandemic recovery on the tourism front.

The Birth of Dude Wipes: Chicago roommates turn conversation into million-dollar idea
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Sometimes, it just takes talking with friends to find a million-dollar idea. That's sort of what happened with four roommates in Wrigleyville, who went on to create Dude Wipes. Two of the four co-founders, Jeff Klimkowski and Ryan Meegan, discuss the inspiration behind the product.

Benefits and risks of using ChatGPT for financial help
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Philip Shaw, Goldstone Financial Group Advisor, talks about the pitfalls and benefits of using artificial intelligence such as ChatGPT for financial guidance.

Monthly mortgage payments reach record highs in US

The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.

Google begins sending out payments in privacy lawsuit settlement

In the massive class-action lawsuit centered around privacy violations, Google has initiated payments starting Friday.

Student loan repayments set to resume soon
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Student loan repayment will begin again after a three year hiatus. Many we hopeful that some of their debt would be canceled, but the Biden administration's plan was struck down. Finance professor Dan Roccato has some tips for when payment resumes at the end of this summer.

How to help your kids with their first summer paychecks
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Gregg Murset, CEO of BusyKid, talks about how parents can usher their children into financial literacy this summer.

Walgreens expects to close 150 US stores, CFO says

The store closings are expected to happen by 2024 in a cost-saving effort by the company.

Recession expected by end of 2023: Fannie Mae

A recession is likely in 2023, Fannie Mae forecasted. And the Fed may continue to raise interest rates after its June pause, despite projections that inflation will continue to cool.

ESPN lays off longtime hosts in major shakeup

Among those losing their jobs at ESPN include Jeff Van Gundy, Jalen Rose, Max Kellerman and Suzy Kolber.

Biden offers alternative student debt relief plan following Supreme Court ruling

President Joe Biden is offering an alternative student debt plan designed to ease borrowers’ threat of default if they fall behind on their payments.

Student loan forgiveness struck down: Here's what that means for you

The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan.

Walgreens to close 150 stores
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Walgreens, one of the largest retail pharmacy chains, is set to close 150 stores by next summer due to increased shoplifting and sluggish sales.