Wheat and barley shortage: How Russia-Ukraine war triggered a global food crisis

Together, Russia and Ukraine export nearly a third of the world’s wheat and barley, more than 70% of its sunflower oil and are big suppliers of corn.

Tips for women looking to eliminate the gender pay gap
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Dan Roccato, financial professor at the University of San Diego, dishes out tips for women looking to increase their pay and eliminater the gender wage gap.

Fed raises key interest rate in largest hike since 1994

The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades.

The importance of having a long-term mindset amid market volatility
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Phillip Shaw, CFP at Goldstone Financial Group, talks about the state of U.S. financial markets and the likelihood the country slides into a recession.

Biden tells oil refiners: Produce more gas and diesel, fewer profits

In a draft letter to refiners, Biden said their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record-high gas prices.

Pandemic child care benefits expanded and extended for Illinoisans

J.B. Pritzker announced the state will boost spending on child care assistance, extending several grant programs that began during the COVID pandemic and expanding eligibility for assistance for working parents.

Wall Street, stocks enter bear market
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Stocks have entered a bear market. On Monday, the S&P fell more than 20-percent below the record high set in January.

These electric vehicles are cheaper to own than gas ones now

Building electric vehicles is expensive, which is why their prices are high, and it's mostly about the batteries.

Gas prices hit $5 nationwide for the first time ever

The national average price has jumped 19 cents in just the past week, and it is up $1.93 from this time last year.

US inflation hits highest level in 40 years
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The latest inflation numbers are out and they confirm what Americans are feeling: things are more expensive. Inflation hit 8.6 percent -- the highest level in 40 years.

How kids can make the most out of their summer jobs
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There are a lot of benefits for teens who work summer jobs. Besides earning money, it will also help them build their resumes.

US inflation hit 8.6% in May, a new 40-year high

Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.

CPS sets aside $70M for long-sought Chinatown H.S., millions more for school playgrounds in new capital budget

Chicago Public Schools is setting aside $70 million for a new Near South Side high school, giving the community a major boost in its years long push for a new building in or near Chinatown.

Is now the time to invest in the stock market?
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With inflation being a part of daily conversation and so much volatility in the stock market, many of you may be wondering whether you should be thinking about buying stocks. Financial planner Bill Bloom answers those questions.

Chicago minimum wage to increase in July

Some workers in Chicago can expect to see an increase in their paychecks starting next month.

Chicago increases minimum wage
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Some workers in Chicago can expect to see an increase in their paychecks starting next month.

Rachel Cruze: Inflation's impact on families
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Everyone is feeling the pinch of soaring inflation in one way or another. The latest numbers show it's more than just a feeling. Rachel Cruze, personal finance pro from Ramsey Solutions, breaks it all down.

May jobs report: US added 390,000 jobs last month as hiring remained robust

U.S. employers added a healthy 390,000 jobs in May 2022, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.