Inflation fears could push Fed to raise interest rates, key official says
Amid fears that prices are starting to rise too quickly again, the Federal Reserve may opt to tap the brakes on inflation with a potential rate hike later this week, a top official warned.
Amid fears that prices are starting to rise too quickly again, the Federal Reserve may opt to tap the brakes on inflation with a potential rate hike later this week, a top official warned.
Social Security Administration issues major scam warning for retirees. What to know
The Social Security Administration issued a critical warning for retirees amid a surge in financial scams. Officials are also urging older Americans to protect their benefits by taking these steps.
The Social Security Administration issued a critical warning for retirees amid a surge in financial scams. Officials are also urging older Americans to protect their benefits by taking these steps.
Where gas prices are the highest: A state-by-state breakdown of the average price of gas
The ongoing conflict with Iran continues to drive up the fuel prices around the world. Here in the U.S., prices are well above average in many states across the country, with some regions seeing record highs.
The ongoing conflict with Iran continues to drive up the fuel prices around the world. Here in the U.S., prices are well above average in many states across the country, with some regions seeing record highs.
New study puts retirement goal at $1.4M as expert shares saving strategies
Ross Mac breaks down how to start saving for retirement at any age, balance spending habits, and grow money despite rising costs and inflation.
Ross Mac breaks down how to start saving for retirement at any age, balance spending habits, and grow money despite rising costs and inflation.
Pritzker pushes E-15 fuel plan as drivers look for relief at the pump
As gas prices stay high, Gov. JB Pritzker proposes expanding access to E-15 gasoline, while GasBuddy analyst Patrick De Haan explains whether it will truly save drivers money or offer only modest relief.
As gas prices stay high, Gov. JB Pritzker proposes expanding access to E-15 gasoline, while GasBuddy analyst Patrick De Haan explains whether it will truly save drivers money or offer only modest relief.
Expert warns March Madness betting boom may be fueling hidden financial risks
As millions wager on college basketball, Boyce Watkins explains why the rise of sports betting—promoted by stars like LeBron James and Kevin Hart—could be more dangerous and addictive than it appears.
As millions wager on college basketball, Boyce Watkins explains why the rise of sports betting—promoted by stars like LeBron James and Kevin Hart—could be more dangerous and addictive than it appears.
Cruise line abruptly adds extra charges for passengers; travelers worry others may follow
Since the start of the Iran conflict, oil prices have skyrocketed, and many cruise passengers are worrying they'll be slapped with extra surcharges related to fuel issues in the coming months as a result.
Since the start of the Iran conflict, oil prices have skyrocketed, and many cruise passengers are worrying they'll be slapped with extra surcharges related to fuel issues in the coming months as a result.
Ditch the federal gas tax for a vehicle weight fee, auto trade group CEO says
Higher fuel efficiency and a lower share of gas-powered vehicles is a bad combination when it comes to paying to repair the nation’s infrastructure, the head of an auto industry trade group argues. In response, he suggests ditching the federal gasoline tax and replacing it with something else.
Higher fuel efficiency and a lower share of gas-powered vehicles is a bad combination when it comes to paying to repair the nation’s infrastructure, the head of an auto industry trade group argues. In response, he suggests ditching the federal gasoline tax and replacing it with something else.
Saks Global expects to exit bankruptcy this summer after receiving $500M in financing
Saks Global Enterprises filed for Chapter 11 bankruptcy protection in January after it missed a $100 million interest payment in December.
Saks Global Enterprises filed for Chapter 11 bankruptcy protection in January after it missed a $100 million interest payment in December.
Mortgage rates increasing again amid Iran war
The economic fallout from the war in Iran is driving up the cost of buying a home. The average 30-year fixed mortgage rate increased this week to its highest level in nearly seven months - 6.46%.
The economic fallout from the war in Iran is driving up the cost of buying a home. The average 30-year fixed mortgage rate increased this week to its highest level in nearly seven months - 6.46%.
March jobs report shows gains, but economist warns of deeper concerns | ChicagoLIVE
University of Chicago economist Steven Durlauf says the latest jobs numbers are better than expected, but weak wage growth, lower labor force participation and broader uncertainty still point to longer-term economic concerns.
University of Chicago economist Steven Durlauf says the latest jobs numbers are better than expected, but weak wage growth, lower labor force participation and broader uncertainty still point to longer-term economic concerns.
United Airlines checked bag fees climbs $10-50 as fuel prices nearly double since Iran war
United Airlines is raising checked bag fees by $10 to $50 for travelers purchasing tickets starting Friday, the company confirmed to FOX Business on Thursday.
United Airlines is raising checked bag fees by $10 to $50 for travelers purchasing tickets starting Friday, the company confirmed to FOX Business on Thursday.
Tax deadline warning: How to avoid scams before April 15
As Tax Day approaches, the Better Business Bureau shares key tips to spot and avoid IRS scams targeting last-minute filers.
As Tax Day approaches, the Better Business Bureau shares key tips to spot and avoid IRS scams targeting last-minute filers.
Gas prices top $4 nationwide again, hitting drivers in the wallet
With prices climbing to an average of $4.63 in Chicago, drivers say filling up is getting tough as seasonal fuel changes and global factors push costs back to levels not seen since 2022.
With prices climbing to an average of $4.63 in Chicago, drivers say filling up is getting tough as seasonal fuel changes and global factors push costs back to levels not seen since 2022.
Cook County property tax bills are due: Why do we pay property taxes anyway?
The next portion of Cook County property taxes are due on Wednesday. Here's a primer on why we even have property taxes.
The next portion of Cook County property taxes are due on Wednesday. Here's a primer on why we even have property taxes.
Cook County property taxes have risen twice as fast as inflation, new study finds
Treasurer Maria Pappas released the study just days before property taxes are due in Cook County and says it's a "call to action."
Treasurer Maria Pappas released the study just days before property taxes are due in Cook County and says it's a "call to action."
Average tax refund up nearly 11% from a year ago, IRS data shows
The IRS reported the average tax refund is up nearly 11% so far this tax filing season.
The IRS reported the average tax refund is up nearly 11% so far this tax filing season.
Epstein victims to get $72.5 million from Bank of America
Bank of America has agreed to pay $72.5 million to victims of Jeffrey Epstein who accused the bank of ignoring "numerous red flags" that facilitated the trafficking of young girls.
Bank of America has agreed to pay $72.5 million to victims of Jeffrey Epstein who accused the bank of ignoring "numerous red flags" that facilitated the trafficking of young girls.
Gas prices rise, stocks slip as experts weigh EV deals and summer travel costs
Finance professor Dan Roccato explains what to expect for gas prices and airfare this summer, whether now is the time to buy an EV, and smart ways to save on fuel and travel.
Finance professor Dan Roccato explains what to expect for gas prices and airfare this summer, whether now is the time to buy an EV, and smart ways to save on fuel and travel.
Social Security April payment schedule: Here’s when recipients get their checks
Social Security April payment dates are set for millions of Americans. Here’s when recipients can expect to receive their checks.
Social Security April payment dates are set for millions of Americans. Here’s when recipients can expect to receive their checks.