IRS giving out major tax break for certain expenses in 2026: What you need to know
People who use their cars for work will be able to deduct more money per mile on their taxes in the new year.
People who use their cars for work will be able to deduct more money per mile on their taxes in the new year.
SNAP junk-food purchase restrictions take effect Jan. 1 in five states, others to follow in 2026 — see where
The new year brings new restrictions on food purchases by SNAP recipients. On Jan. 1, five states are banning SNAP recipients from using their taxpayer-funded food assistance benefit to purchase junk food.
The new year brings new restrictions on food purchases by SNAP recipients. On Jan. 1, five states are banning SNAP recipients from using their taxpayer-funded food assistance benefit to purchase junk food.
CPS board president threatens members over leak to reporter: Sources
Tensions are rising following a quiet vote by the Chicago Board of Education to raise property taxes. Fox Chicago reporter Paris Schutz says he learned about the special meeting in advance and shared the information publicly. Paris says he later learned that the board president referenced his post, telling members he would try to identify the source of the leak and force a resignation.
Tensions are rising following a quiet vote by the Chicago Board of Education to raise property taxes. Fox Chicago reporter Paris Schutz says he learned about the special meeting in advance and shared the information publicly. Paris says he later learned that the board president referenced his post, telling members he would try to identify the source of the leak and force a resignation.
Crucial strategies for saving money in 2026
Illinois State Comptroller Susana Mendoza shares tips on budgeting, saving, and reducing debt as part of New Year’s resolutions to help families start 2026 on a stronger financial footing.
Illinois State Comptroller Susana Mendoza shares tips on budgeting, saving, and reducing debt as part of New Year’s resolutions to help families start 2026 on a stronger financial footing.
Dog biscuits recalled due to possible salmonella contamination
Dog biscuits sold in several states have been recalled due to possible salmonella contamination.
Dog biscuits sold in several states have been recalled due to possible salmonella contamination.
Chicago Board of Education quietly votes to raise property taxes
The Chicago Board of Education voted to increase property taxes during a secretive meeting on Monday.
The Chicago Board of Education voted to increase property taxes during a secretive meeting on Monday.
Shoppers who purchased beef in certain years may be eligible for cash payment: See eligibility and how to file
Shoppers in several states may be eligible for part of an $87.5 million antitrust class action lawsuit settlement with several beef processors.
Shoppers in several states may be eligible for part of an $87.5 million antitrust class action lawsuit settlement with several beef processors.
IRS reveals updated retirement contribution limits for 2026
The IRS unveiled contribution limit changes for popular retirement plans, including 401(k) plans and IRAs.
The IRS unveiled contribution limit changes for popular retirement plans, including 401(k) plans and IRAs.
American Airlines ends advantage miles program for basic economy fares
American Airlines has made a change that affects how millions of travelers earn rewards on its cheapest tickets — and now the airline is facing some backlash for it.
American Airlines has made a change that affects how millions of travelers earn rewards on its cheapest tickets — and now the airline is facing some backlash for it.
White House teases housing affordability plan
As interest rates stay high, the White House weighs ideas like 50-year and portable mortgages, raising questions about whether fixes for housing affordability could bring unintended consequences.
As interest rates stay high, the White House weighs ideas like 50-year and portable mortgages, raising questions about whether fixes for housing affordability could bring unintended consequences.
Social Security January payment schedule: Here's when recipients get their checks
Social Security payments for millions of Americans are set to begin as we move into the new year.
Social Security payments for millions of Americans are set to begin as we move into the new year.
Ford shatters decade-old recall record with 152 safety alerts issued this year alone across multiple models
Ford Motor Company logged far more recalls in 2025 than any other automaker, according to federal safety data, eclipsing a decade-old industry record and underscoring ongoing quality issues affecting millions of vehicles across multiple model lines.
Ford Motor Company logged far more recalls in 2025 than any other automaker, according to federal safety data, eclipsing a decade-old industry record and underscoring ongoing quality issues affecting millions of vehicles across multiple model lines.
New GDP numbers show U.S. economy grew faster than expected last quarter
The latest Commerce Department report shows the U.S. economy grew 4.3% in the third quarter, beating expectations as officials and analysts debate whether the momentum can last.
The latest Commerce Department report shows the U.S. economy grew 4.3% in the third quarter, beating expectations as officials and analysts debate whether the momentum can last.
Student loan borrowers in default face wage garnishment starting Jan. 7
The Department of Education will begin garnishing wages from borrowers who have defaulted on federal student loans starting in early January.
The Department of Education will begin garnishing wages from borrowers who have defaulted on federal student loans starting in early January.
Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check
Hold off on that purchase! Online rumors of new stimulus checks by year’s end are out there.
Hold off on that purchase! Online rumors of new stimulus checks by year’s end are out there.
Leaving cookies, milk, and carrots for Santa and his reindeer now costs over $8, study finds
Before children around the world get ready for a good night’s sleep on Christmas Eve, they’ll leave out cookies, milk, and carrots for Santa and his reindeer.
Before children around the world get ready for a good night’s sleep on Christmas Eve, they’ll leave out cookies, milk, and carrots for Santa and his reindeer.
Powerball jackpot spikes to $1.7 billion for Christmas Eve drawing
After there was no big winner in last night's drawing, the Powerball jackpot for the upcoming drawing will be one of the largest in lottery history.
After there was no big winner in last night's drawing, the Powerball jackpot for the upcoming drawing will be one of the largest in lottery history.
Paramount–Skydance boosts hostile Warner Bros. Discovery bid with $40.4 billion equity financing guarantee
Paramount Skydance hasn’t given up on acquiring Warner Bros.
Paramount Skydance hasn’t given up on acquiring Warner Bros.
Most Americans say they don’t plan year-end charitable giving, poll finds
Most Americans are not planning additional charitable donations before the end of 2025, according to a new AP-NORC poll.
Most Americans are not planning additional charitable donations before the end of 2025, according to a new AP-NORC poll.
President Trump defends economy, blames predecessor in national address
Political science professor Stephen Maynard Caliendo weighs in on President Trump’s prime-time address, examining its tone, timing and what the president hoped to accomplish as economic concerns and unemployment rise.
Political science professor Stephen Maynard Caliendo weighs in on President Trump’s prime-time address, examining its tone, timing and what the president hoped to accomplish as economic concerns and unemployment rise.