Should minimum wage be lower for workers who get tips? These 2 states will decide
The amount of money tipped workers make varies depending on the state. Currently, 14 states pay the federal minimum, or just above $2 an hour for tipped workers and $7 an hour for non-tipped workers.
A growing share of Gen Z adults don't think they'll retire: only 20% are saving for it
America's youngest adult generation is projected to live longer than previous generations, but few of them are preparing for a traditional retirement.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
A closer look at how Trump's economic plan could impact inflation
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.
Royal Caribbean is raising gratuity rates next month – here's what to know
The cruise line says the rate change will take effect on Nov. 1.
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.
Online payment apps: Here’s what to know the next time you tap to pay
Payment apps make it easy to send and receive money with the click of a button, but here’s what you need to know when using these platforms.
Illinois Lottery: Time running out to claim $250,000 ticket sold in Chicago
The Illinois Lottery is on a mission to find the owner of an unclaimed $250,000 winning Lucky Day Lotto ticket purchased in Chicago last October.
Some Social Security recipients will get two payments in November. Here's why
Those who receive Supplemental Security Income (SSI) will receive an additional check in November due to how the payment schedule is lined up.
CTU and social workers call out district on Medicaid funding
The CTU says leaving Medicaid money on the table is neglect.
Inflation reaches lowest point in 3 years; here's what prices came down most
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
Illinois looking for ways to save residents money
The Illinois State Treasurer discussed many ways for residents to save money, including the Brightstart 529 program.
Social Security COLA 2025: Recipients to receive 2.5% increase next year
The cost-of-living adjustment, or COLA, was announced on Thursday. Here’s what to know.
Financial burden, lack of respect driving Illinois teachers to quit, IEA survey finds
The Illinois Education Association (IEA) says most educators in the state are leaving their jobs due to financial issues, according to a statewide survey conducted by the organization.
Which issue will most influence voters' choice in November? New poll reveals answer
With less than a month to go before the election, a new Gallup poll shows that voters rank one issue as the most important factor in deciding their vote
MoneyGram says customer information stolen during September attack
The money transfer company said some customer information affected by a data breach included social security numbers and bank account numbers.
Johnson announces plan to refinance debt; City Council to review $1.5B bond ordinance
The Finance Committee gave the green light for the City of Chicago to issue $1.5 billion in General Obligation (GO) bonds.
Winning Illinois Lottery ticket sold in Chicago suburb
An Illinois Lottery player is $650,000 richer after buying a Lucky Day Lotto ticket in the suburbs. The ticket was sold at the Berwyn Minimart and the owner said it might be one of their regular customers.
Taylor Swift is now the world's richest female musician: Here's who she surpassed
Taylor Swift is now the world's richest female musician, with a net worth of $1.6 billion, according to Forbes.
Winning $650K Illinois Lottery ticket sold in Cook County
A Cook County convenience store owner is celebrating after selling a winning Lucky Day Lotto ticket worth $650,000.