How ‘just for fun’ Super Bowl bets can wreck your wallet | ChicagoLIVE
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With billions expected to be wagered this year, credit counselor Michael McAuliffe shares tips on avoiding common betting traps and how to recover if losses spiral out of control. 

What Trump’s next pick to lead the Federal Reserve means for your wallet

The Fed’s decision about rate cuts will shape the economy’s trajectory and how affordable life feels for millions of Americans in the new year.

Troop deployments to US cities cost Americans nearly half a billion dollars in 2025, CBO report finds

A new Congressional Budget Office report breaks down the taxpayer bill for the Trump administration’s six-city deployment and forecasts a steep rise if these deployments continue in 2026.

Every state's median household income has increased since 1970 – except one

Is your state better off than it was 50 years ago? U.S. incomes are up since 1970, but not everywhere. A new report shows which states gained the most.

Economist warns coming financial crisis will make 2008 look like 'Sunday school picnic'

As gold prices keep rising, American economist Peter Schiff says investors should view the rally as more than a hedge — calling it a warning that inflation is speeding up, the U.S. dollar is losing global trust and a major economic reckoning may be near.

Trump accounts for kids: What you need to know
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Lots of discussion has unfolded about the Trump baby accounts. What is it and how does it actually work? Joining FOX Chicago is FOX financial analyst Phil Flyn.

IRS opens e-file as tax season brings new confusion for many filers
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Tax expert Lisa Greene-Lewis from TurboTax explains why filing early matters, what’s changed under the new tax law, and how Americans can avoid common mistakes and get free help this season.

Dow to cut over 4,000 jobs as company shifts focus to AI

Dow is slashing thousands of jobs, becoming the latest company this week to announce a reduction in its labor force.

Federal Reserve keeps rate unchanged in 1st meeting of 2026

The Federal Reserve kept interest rates unchanged even as it's facing mounting pressure from President Trump to be lowered. Here's a look at what's ahead for the central bank in 2026.

Yale to offer free tuition to families making less than $200K a year

Yale announced it will offer free tuition to families making less than $200,000 and waive all expenses for those making under $100,000.

Trump shares new details on 'Trump Accounts' savings program

President Donald Trump on Wednesday unveiled details of proposed “Trump Accounts," a government-backed investment program for children.

Tax season surprise: Illinois families could be owed thousands in refunds
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As tax season begins, new and expanded credits mean many Illinois families may qualify for thousands of dollars in refunds—but only if they know how to claim them.

Amazon cuts 16,000 jobs across company in latest round of layoffs

Amazon's latest round of job cuts follow last year's layoffs of thousands of employees. Here's what you need to know.

Cost of living is rising the most in these US cities

According to new data, the cost of living is rising in cities across the United States. Here’s where it’s the worst.

Amazon to close physical 'Go' and 'Fresh' grocery stores, expand Whole Foods Market
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Amazon is making a major shift in its grocery business, announcing plans to close its Amazon Go and Amazon Fresh brick-and-mortar stores while doubling down on Whole Foods Market and grocery delivery.

Amazon to close physical 'Go' and 'Fresh' grocery stores, expand Whole Foods Market

Amazon is making a major shift in its grocery business, announcing plans to close its Amazon Go and Amazon Fresh brick-and-mortar stores while doubling down on Whole Foods Market and grocery delivery.

Amazon to close physical 'Go' and 'Fresh' grocery stores, expand Whole Foods Market

Amazon is making a major shift in its grocery business, announcing plans to close its Amazon Go and Amazon Fresh brick-and-mortar stores while doubling down on Whole Foods Market and grocery delivery.