How does unemployment work?

The U.S. is in what economists are calling a “low-hire, low-fire" state, which means many people who are out of work are struggling to find new jobs. Here’s what to know about unemployment benefits.

Fidelity $2.5M data breach settlement: See if you qualify

Fidelity Investments settled a $2.5 million lawsuit following a 2024 data breach that compromised the personal and financial information of tens of thousands of customers.

April had the 6th-highest gas prices in nearly 4 years

Consumers faced record-breaking hardship at the pump in April as the national average for a gallon of gas exceeded $4 per gallon for the first time since 2022.

Are we headed for a recession or just a crisis of confidence?
video

With recession fears rising and Americans bracing for economic uncertainty, Ross Mac of Maconomics breaks down the warning signs, what a downturn could mean for your finances, and how viewers can prepare now.

SNAP changes are impacting local grocery stores
video

Two weeks after major SNAP changes took effect. Some local grocery stores say they’re already feeling the impact.  Lauren Scafidi is following this tonight.

Illinois gas prices spike again as pain at the pump worsens
video

Gas prices across Illinois have jumped another 70 cents in just a week, and Brian Jackson breaks down what’s driving the surge and how long drivers could feel the impact.

Expert analysis: Gas prices surge nationwide as drivers feel pain at the pump
video

GasBuddy’s Patrick De Haan explains why gas prices are climbing so quickly, how today’s costs compare historically and when drivers could finally see relief if the war ends.

Walmart to cut or relocate 1,000 jobs in efforts to compete with Amazon

Walmart is restructuring its staff to focus on expansion of AI and tech initiatives. The move marks a significant strategy to compete with Amazon and other retailers.

Illinois could see higher gas taxes on July 1 amid surging prices | The Chicago Report
video

As gas prices surge across the country, Illinois' motor fuel tax is set to increase again on July 1. Despite calls to suspend the gas tax, Gov. JB Pritzker has not been warm to the idea.

Young Americans stand out for job market pessimism, data shows

Young Americans' confidence in the job market has plummeted significantly, falling well below the optimism levels of older generations for the first time in years, according to a new poll.

How much will Illinois’ gas tax increase on July 1?

Illinois gas tax is set to increase again on July 1, despite prices spiking across the country.

Could a gas tax break help drivers amid surging prices? | The Chicago Report
video

President Trump said he wants to suspend the nation's gas tax to provide relief for drivers amid surging oil prices due to the ongoing conflict in the Middle East.

These cities rank as the best places to start a career in 2026, according to data

For young professionals searching for a job in a crowded market, finding an opportunity may come down to the zip code you're in, which might improve your odds of securing a job based on a recent report.

Map: How much are federal, state gas taxes?

State gas taxes are often higher than the federal gas tax, and help maintain roads and infrastructure. Here is a breakdown.

Trump says he aims to suspend gas tax amid high fuel prices

President Donald Trump said on Monday morning that he aims to suspend the federal gas tax for a period of time to help address high fuel prices.

iPhone owners could be eligible for settlement money | ChicagoLIVE
video

iPhone owners might be eligible for checks as part of a $250 million settlement with Apple. Business Analyst Gerson Gibbs breaks it down.