U.S. default could cause unemployment surge in Illinois

A prolonged default on America’s debt could result in the loss of nearly eight-million jobs, sending Illinois’ unemployment rate above nine percent, according to economists.

House votes to block student loan relief
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As millions of student loan borrowers await a decision by the Supreme Court on whether or not the president's forgiveness plan with stand, Republican lawmakers are doing what they can to put a stop to the debt relief proposal.

Illinois program makes saving for college easier
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It's time to start thinking about saving for college, which isn't easy for most families. However, Illinois has a special program that hopes to change that.

Duchess of Decorum: 'No romance without finance'
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The "Duchess of Decorum" joins Good Day Chicago with tips to become financially intelligent in your relationship. Pattie Ehsaei says finances are one of the main reasons relationships fail.

Debt ceiling: No agreement yet, but Biden, McCarthy say they're optimistic after meeting

President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling.

Debt ceiling impasse threatens veterans benefits, social security, and more
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The Treasury Secretary is starting to break down some of the checks that may not go out if the U.S. debt ceiling is not raised by the end of next week, including $12 billion for veterans benefits, $25 billion for social security, and $47 billion for Medicare.

Illinois Lottery jackpot hits $15.9M ahead of Monday drawing
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The largest Illinois Lottery jackpot in nearly three years is on the line Monday night, when players have the chance to scoop up nearly $16 million.

Debt ceiling: Biden 'confident' there will be no default

Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.

Money moves that will help reduce financial anxiety
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Personal finance expert Anthony O'Neal dishes out advice for managing your finances during stressful times.

Texas parents charge 19-year-old daughter rent; reveal criticism and support

People are sounding off on TikTok as parents charging their children rent has become a topic of discussion. Check out how one family navigated their adult daughter living at home.

Debt Ceiling: Deal possible by end of week, McCarthy says; Biden cuts short upcoming foreign trip
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Crucial debt ceiling negotiations are still far from success, but a deal is possible by the end of the week, Republican House Speaker Kevin McCarthy said after a brief meeting Tuesday with President Joe Biden and other congressional leaders at the White House.

Bank execs blame panicked depositors for failures, but senators blame them
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Top executives at Silicon Valley Bank and Signature Bank largely avoided taking responsibility for their banks? dramatic failures at a Senate hearing Tuesday, instead using their time to assign blame to events they said were largely out of their control.

Will financial giants flee Johnson's taxes?

He proposed $800 million in tax increases during the campaign, but he has backed away from some of those ideas.