US inflation hits 3-year low as Federal Reserve set to cut interest rates
With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.
With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.
Mega Millions player strikes $800 million jackpot
The grand prize in Tuesday's drawing was the seventh-largest prize in the game's history.
The grand prize in Tuesday's drawing was the seventh-largest prize in the game's history.
Here's how much the typical American household earned last year
The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level.
The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level.
Company plans to track workers' locations in return-to-office crackdown
One of the world's biggest consulting and accounting firms plans to monitor its employees' locations to ensure compliance with a stricter return-to-office policy set to take effect next year.
One of the world's biggest consulting and accounting firms plans to monitor its employees' locations to ensure compliance with a stricter return-to-office policy set to take effect next year.
Tackling credit card debt
Americans owe a record $1.2 trillion in credit card debt. One of the biggest issues is the balance that carries over and grows each month.
Americans owe a record $1.2 trillion in credit card debt. One of the biggest issues is the balance that carries over and grows each month.
Selena Gomez is now a billionaire, Bloomberg reports
Selena Gomez made Bloomberg’s Billionaires Index for the first time, but the vast majority of her wealth is not tied to music tours or album sales.
Selena Gomez made Bloomberg’s Billionaires Index for the first time, but the vast majority of her wealth is not tied to music tours or album sales.
August jobs report shows job losses for US-born workers, gains for foreign-born
The August jobs report reveals a sharp contrast in the U.S. job market, with US-born workers losing over 1.3 million jobs in the past year, while foreign-born workers gained more than 1.2 million jobs.
The August jobs report reveals a sharp contrast in the U.S. job market, with US-born workers losing over 1.3 million jobs in the past year, while foreign-born workers gained more than 1.2 million jobs.
Chicago dealing with a $982.4M budget deficit
Chicago City Council members are facing a difficult challenge this fall.
Chicago City Council members are facing a difficult challenge this fall.
Social Security: Without reform, retirees could lose this much in annual benefits, report says
If Social Security is depleted by 2033, as is currently projected without reform, there would be a mandated 21% across-the-board Social Security benefit cut for retirees, the report says.
If Social Security is depleted by 2033, as is currently projected without reform, there would be a mandated 21% across-the-board Social Security benefit cut for retirees, the report says.
Romance and crypto scams on the rise
The Better Business Bureau's Scam Tracker is reporting a record numbers of investment scams in 2024with many involving crypto currency and romance schemes.
The Better Business Bureau's Scam Tracker is reporting a record numbers of investment scams in 2024with many involving crypto currency and romance schemes.
Why are so many restaurant chains filing for bankruptcy this year?
The year has not even reached its fourth quarter and bankruptcies among restaurant chains, operating companies and large franchisees are already nearly double what they were in 2023.
The year has not even reached its fourth quarter and bankruptcies among restaurant chains, operating companies and large franchisees are already nearly double what they were in 2023.
College Savings: What parents and students should know
According to a recent study, saving for college is a priority now more than ever. A 529 plan offers a flexible, tax-advantage way to save and pay for educational expenses.
According to a recent study, saving for college is a priority now more than ever. A 529 plan offers a flexible, tax-advantage way to save and pay for educational expenses.
New Illinois law allows families to roll over 529 funds into Roth IRAs
Illinois families now have a new option and incentive for their child’s college savings plan.
Illinois families now have a new option and incentive for their child’s college savings plan.
Morning power hour: Tips for job seekers
In July alone, an estimated 3 million people lost their jobs. Recruiting expert Mary Olson-Menzel shares some tips for job seekers.
In July alone, an estimated 3 million people lost their jobs. Recruiting expert Mary Olson-Menzel shares some tips for job seekers.
Americans turn to sausage as economic pressures persist, survey finds
A new survey reveals that more Americans are opting for sausage over pricier meats.
A new survey reveals that more Americans are opting for sausage over pricier meats.
Social Security September payment schedule: Here’s when beneficiaries will get their checks
Many Social Security retirement, disability, and survivor beneficiaries will receive their September payments on either the second, third, or fourth Wednesday of the month.
Many Social Security retirement, disability, and survivor beneficiaries will receive their September payments on either the second, third, or fourth Wednesday of the month.
New rewards program works to put more money in your pocket
More Americans are pinching even more pennies.
More Americans are pinching even more pennies.
Positive inflation report gives boost to Wall Street
A positive inflation report is signaling a possible rate cut at next month's Federal Reserve meeting. It would come as the race for the White House heats up with the economy as the most pressing issue for voters. Connor Hansen has the story.
A positive inflation report is signaling a possible rate cut at next month's Federal Reserve meeting. It would come as the race for the White House heats up with the economy as the most pressing issue for voters. Connor Hansen has the story.
Social Security: 3 changes to look out for in 2025, according to experts
The Social Security COLA increase in 2025 is likely to be smaller than in 2024, according to estimates. Here are some potential changes Americans should take into account.
The Social Security COLA increase in 2025 is likely to be smaller than in 2024, according to estimates. Here are some potential changes Americans should take into account.
Supreme Court rejects new student debt relief plan: Here's what that means
Another blow was dealt to the Biden administration's student debt relief plan. The U.S. Supreme Court rejected a request from the White House to put most of the plan back into effect, leaving millions of student loan borrowers in limbo.
Another blow was dealt to the Biden administration's student debt relief plan. The U.S. Supreme Court rejected a request from the White House to put most of the plan back into effect, leaving millions of student loan borrowers in limbo.