How much you need to make to afford a single-family home in most US cities
Housing costs rose to record numbers in 2024.
Credit card debt surges to another record high, New York Fed data shows
Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.
How to celebrate the holidays without breaking the bank
It’s hard for the holidays to be the most wonderful time of the year when your finances are tight. In a Fox 32 money saver special report, Dawn Hasbrouck looks at some ways to help you still afford them and dodge some debt.
How to celebrate the holidays without breaking the bank
It’s hard for the holidays to be the most wonderful time of the year when your finances are tight. In a Fox 32 money saver special report, Dawn Hasbrouck looks at some ways to help you still afford them and dodge some debt.
Finance expert weighs in on money moves to dodge holiday debt
Here are some ways you can dodge holiday debt this season.
How much will this year's turkey cost you?
We're looking at Thanksgiving prices for this year.
Wall Street soars on Trump victory as analysts debate economic impact
It was a monster day on Wall Street as the Dow reacted to the election of Donald Trump by climbing 1,508 points. The tech-heavy NASDAQ Index was up by more 544 points.
IRS increases 401(k), other retirement plan contribution limits for 2025
The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.
New rules could make it easier to switch banks
A new banking rule would make it easier to switch banks or lenders, but it’s already facing pushback from the financial industry.
Americans spending less money on Halloween
High prices have Americans spending less this year.
Inflation gauge falls to lowest level in 3 1/2 years
Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.
Biden administration forgives $4.5 million in student debt for 60,000 borrowers
The Biden administration announced over $4 million in funding for borrowers who have met PSLF requirements.
IRS announces higher standard deductions for 2025
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from taxation.
Americans are feeling more anxious about their credit card debt, survey finds
Americans appear to be feeling more worried about mounting credit card debt, according to the New York Fed’s September 2024 Survey of Consumer Expectations.
Federal Reserve slashes key rate by half-point, signals end of inflation battle
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for consumers.
How the expected rate cut could impact your money
The Federal Reserve's latest meeting starts wrapping up today when the central bank is expected to finally announce a long-awaited cut in its key interest rate. Here to explain the impact this will have on U.S. consumers is Mark Weinraub with Crain's Chicago Business.
Tips for healing from financial anxiety
Personal finance expert Anthony O'Neal dishes out money tips from his new book "Take Your Seat at the Table."
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.
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.