News
What is a spending diet? Financial expert explains
1+ hour, 58+ min ago (71+ words) What is a spending diet? Financial expert explains'ABC7 Chicago CHICAGO (WLS) -- We're back talking about saving and spending in what we're calling Frugal February. Taking small steps now when it comes to your money can have bigger impacts long term....
Here's how you can help small businesses during the COVID-19 crisis
2+ week, 1+ day ago (13+ words) Here's how you can help small businesses during the COVID-19 crisis'abc7chicago.com...
Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment
4+ week, 2+ day ago (247+ words) WASHINGTON -- Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony about the Fed's building renovations. In a video statement, Powell said…...
Pritzker signs clean energy bill lifting moratorium on new nuclear plants, adding battery storage
1+ mon, 3+ day ago (1001+ words) JOLIET, Ill. -- Amid warnings of impending energy shortages, Gov. JB Pritzker on Thursday signed a wide-ranging energy reform package into law aimed at bolstering the state's power grids after years of negotiations. Senate Bill 25 - also known as the Clean and Reliable…...
Jobs report shows hiring slowdown in November
1+ mon, 3+ week ago (540+ words) The Fed cut interest rates over recent months in an effort to boost hiring. Hiring slowed in November, resuming sluggish performance that has bedeviled the labor market for much of this year and elicited a series of interest rate cuts,…...
US tariffs are having an uneven effect on holiday prices and purchases
1+ mon, 3+ week ago (932+ words) The Ah Louis Store in San Luis Obispo, California, turns into a winter wonderland every holiday season. Green garlands, giant nutcrackers, baubles and bows go up in early November on the historic downtown building that houses the gift shop. Inside,…...
Trump downplays economic woes as partisan spin, saying, 'Costs are way down"
2+ mon, 4+ week ago (482+ words) President Donald Trump said the U.S. economy is strong and insisted polls showing Americans are feeling economic pain are "fake" during an interview on Fox News that aired on Monday night. Trump said bad news about the economy amounted to a…...
Thanksgiving meal costs drop 2% to 3% this year: See how to save
3+ mon, 19+ hour ago (376+ words) With Thanksgiving just a little more than two weeks away, many have begun planning their meals and shopping for grocery staples, some of which might look a little more affordable this year. According to a new report from the Wells…...
Price Tracker: Chicago rental prices climbing faster than rentals in other major cities
3+ mon, 6+ day ago (192+ words) CHICAGO (WLS) -- The ABC 7 I-Team is tracking the rising costs of rent in the Chicago area, as area tenants face sky high prices. A new study from Zillow shows that Chicago rental costs are climbing faster than rentals in other…...
Inflation climbs to highest level since January
3+ mon, 2+ week ago (500+ words) A recent uptick in prices has coincided with a sharp slowdown of hiring. WASHINGTON -- Consumer prices rose 3% in September compared to a year ago, extending a monthslong uptick that has sent inflation to its highest level since January, government data…...