Chicago alders reject mayor's controversial corporate head tax
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The City Council’s Finance Committee on Monday rejected Mayor Brandon Johnson’s 2026 budget proposal, which included a controversial corporate head tax to help close a more than $1 billion projected deficit.

Is it time to refinance? | ChicagoNOW
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With Mortgage rates dropping a lot of people are considering whether or not they should refinance their loans. Stephen Kates, a financial analyst at Bankrate, joins via zoom to walk through if it is a good time to refinance.

Credit tightening & what you need to know | ChicagoNOW
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Finance expert, author of “Never Date A Broke Dude” and CEO, The Flexx Financial Freedom Academy, Pattie Ehsaei, joins via zoom to break down what you need to know about credit tightening with the holidays around the corner.

Why residents of one Chicago neighborhood are burning their property tax bills | ChicagoLIVE
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Community leader Dr. Richard Townsell joins ChicagoLIVE to talk about the “Property Tax Bill Bonfire,” a protest and organizing event meant to highlight how tax hikes and slow billing hurt working families. He explains how residents are turning frustration into action — and why he believes solutions should come from the people, not just politicians.

More Americans living paycheck to paycheck, data shows

Bank of America data shows more Americans are living paycheck to paycheck. Here's where it is the worst.

IRS unveils 401K and IRA contribution limits for 2026. What we know

Starting in 2026, the IRS is raising the contribution limits for 401K and retirement accounts, and here's how you can save a little more next year.

Students in these states spend more of their income on education, according to analysis

Many of the states that topped list were home to some of the most famous schools such as Harvard University, University of Pennsylvania, and Yale University, to name a few.

When will federal employees get backpay? Here's the expected dates for each agency

The Office of Personnel Management tells FOX 5 they will begin sending out “superchecks" covering the pay period between October 1 and November 1, starting on Saturday. Here's the list of when each agency will see their backpay.

Trump pushes tariffs as tool to lower food prices ahead of next year's midterms
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President Trump wants to use tariffs to lower the cost of your next meal. The White House is now shifting focus on affordability ahead of next year's midterm elections.

CPS OIG releases spending report | The Chicago Report
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A new spending report sheds light on the lavish trips taken by Chicago Public Schools officials amid a budget crunch.

Business groups push back on Chicago mayor's budget | The Chicago Report
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You'd be hard pressed to find a member of Chicago's Civic and Business community that isn't calling attention to Mayor Johnson's proposed $16.7 billion budget that calls for big new tax hikes.

U.S. Mint in Philadelphia to end penny production, last 1-cent coin pressed

In a historic moment for American currency, the U.S. Mint has struck its final penny. After more than 230 years of continuous production, the one-cent coin is being phased out in a symbolic moment, shifting away from cash.