Wedding costs soar as inflation rises
A new survey by Zola, a wedding planning website, showed the average ceremony in the U.S. costs more than $30,000 due to inflation.
All eyes on Wall Street after tough stock market dip
Investors will be keeping a close eye on the stock market this morning after some big drops in recent days. The Dow Jones, Nasdaq and S&P 500 have lost a combined 1,600 points in the last two days of trading.
Unemployment rate increases in July, raises fears of recession
The Federal Reserve July jobs report showed an increase in the country's unemployment rate which raised concerns about the future of the economy.
Inflation slows in June
Inflation in the U.S. cooled in June for a third straight month.
NASCAR accused of killing Chicago business
It was the second yard for the NASCAR Chicago Street Race, which was expected to boost the local economy. But some business owners said they experienced just the opposite.
Federal Reserve inflation forecast
Some significant economic news from the federal reserve on Wednesday, noting some progress on inflation reduction. But despite that though, the fed is forecasting just one rate cut this year.
May 2024 job report smashes estimates
Economists predicted the latest job numbers would be good, but last month's figures far exceeded expectations. Lydia Hu broke down what these surprising new numbers could mean for the economy.
Biden to release 1M barrels of gas from reserve to lower prices
The Biden Administration plans to release 1M barrels of gas from reserves amid climbing gas prices. The action hoped to combat inflation, comes just in time before million take to the roads for Memorial Day Weekend.
Thompson Center revamp: Google partners with original architects to preserve legacy
Google has maintained an office in Chicago, and the company is now investing $280 million in revitalizing the Thompson Center.
Poll: Over half of voters feel financially strained compared to 4 years ago
It's Tax Day, and you can expect a bit more back from the IRS this year. The agency says average refunds are up five percent. But a Fox News poll shows more than half of voters say they’re financially worse off now than they were four years ago.
Examining the economic impact of the Baltimore bridge collapse
Phil Flynn from The PRICE Futures Group breaks down the economic impact of the Baltimore bridge collapsing into the Patapsco River.
US jobs report expected to impact inflation
A newly released job report is expected to affect inflation.
How to use interest rates to make money for you
Consumers have amassed a record amount of debt in 2023. Is this a sign of a weakening economy? Steve Noviello breaks it down.
Layoffs loom large over US jobs report
These gains on Wall Street were capped by stronger-than-expected U.S. jobs numbers for January. Hiring accelerated, but layoffs in the private sector surged.
What to do if you've been laid off
Here are some tips on what to do after you've been laid off.
Federal reserve leaves interest rates alone
Customers, businesses, and the markets will have to wait until late spring or early summer for a drop in interest rates. Cuts would reduce the sting in everything from mortgage rates to credit cards to car loans.
Americans living paycheck to paycheck
More than half of Americans said they would not be able to afford a $1,000 emergency expense, according to a recent survey. Economic analyst Mark Hamrick has some tips on how to build up an emergency savings account.
What is 'loud budgeting' and what does it mean?
We've all seen the social media videos, unboxing a new phone or a pair of shoes. A new online trend is showing off all those great things people did not buy.
Janet Yellen gives remarks on economic indicators in Chicago
U.S. Treasury Secretary Janet Yellen was in the Windy City for an event hosted by the Economic Club of Chicago on Thursday.
Mayor Johnson touts Chicago's economic headway at summit
Mayor Brandon Johnson praised Chicago's economic progress during an event Wednesday.