Money

President Trump has hinted that he wants to fire Federal Reserve Chair Jerome Powell for his economic outlook and refusal to lower interest rates. Can he do that?

A bipartisan group of lawmakers is pushing to make the adoption tax credit refundable, which could allow more families to get the credit even if it's more than their “tax burden."

United Airlines said the economy is “impossible to predict” as Trump’s trade war adds confusion to business forecasts. Companies like Nvidia, AMD, and ASML also report disruptions.

The Trump administration is planning to end the IRS Direct File program that allows tax returns to be filed directly to the IRS for free.

When it comes to retirement savings, more than half of Americans think it's “somewhat or very likely" that they’ll outlive their money, according to a new study.

China’s economy posted 5.4% growth in the first quarter of 2025, fueled by strong exports ahead of steep new US tariffs. But economists warn a slowdown is likely as trade tensions escalate.

Did you owe a ton of taxes this year? Or maybe you got a refund you weren’t expecting? Here’s a look at how to get a handle on those surprises now ahead of next year.

A new study ranked all 50 states to find out how easy — or difficult — it was for residents to grow their savings. Here’s what they found.

A new study reveals how much Americans are spending on engagement rings in 2025, with some states shelling out over $10,000 on average. Here’s how costs vary by income, location, and ring style.

A new report shows tax refunds are larger in 2025—but fewer people are receiving them. Geography, income, and tax policy all play a role in how much money Americans get back from the IRS.

President Trump says he may temporarily pause his 25% auto tariffs to give carmakers time to adjust supply chains, adding more uncertainty to global markets already shaken by his shifting trade policies.

Those who experienced a weather disaster this past year may be granted an automatic extension to file your taxes. Here’s how to check.

For this week only, the Cook County Circuit Clerk is waiving collection fees for some overdue traffic tickets.