United said Tuesday that its second-quarter profit soared 54%, to $1.05 billion. The results beat expectations, and United slightly raised its forecast of full-year profit.

Local economists Michael Miller and Edward Stuart debate the new report on the nation’s big job gains – and where interest rates may be heading.

Mayor Lori Lightfoot has been upfront recently that city residents should expect to pay more in taxes to help fill persistent budget holes. One she’s eyeing? A tax on services.

The two pharmaceutical companies have little in common, save for a desire to reinvigorate growth that has sputtered. 

Chairman Jerome Powell didn’t explicitly say what the Federal Reserve would do. But expectations are rising that the Fed will cut rates at least once and possibly two or more times before year’s end, in part because of the consequences of the trade war. 

Deere cut its profit and sales expectations for the year as a trade war between the U.S. and China escalates and farmers try to recover from a planting season besieged by heavy rains.

A new poll finds the majority of millennials – those born between 1980 and 2000 – are hopeful about their economic future, even though only one-third have career jobs.

McDonald’s turned to a sure thing in the first quarter, bacon, and it paid off. Global sales rose 5.4% at stores open at least a year, a key metric of a retailer’s health. 

If you’re expecting to receive Social Security benefits, brace yourself. Costs for Social Security are projected to exceed the program’s income next year, which means beneficiaries may not get all that’s been promised to them. 

The grounding of its Boeing 737 Max jets is causing United Airlines to trim growth plans for this year, and the carrier expects to discuss potential compensation with Boeing.

With Gov. J.B. Pritzker seeking a state graduated income tax and Mayor-elect Lori Lightfoot rethinking tax subsidies for controversial city projects, two economists offer their take on the local and national economy.

Walgreens slashed its 2019 forecast and missed second-quarter expectations with a performance that sent its shares plunging Tuesday and helped knock down the Dow Jones Industrial Average.

Last month, the big-box store announced a second round of cuts as it phases out store greeters in favor of a more demanding customer host role. A local disability advocate calls the move “shortsighted.”

Boeing reported annual revenue of more than $100 billion for the first time and shares soared after the company easily beat Wall Street’s profit and sales expectations for the fourth quarter.

The world’s biggest hamburger chain said sales rose 4.4 percent at established locations in the fourth quarter and 4.5 percent for the year.  

Monday marks the start of income tax filing season. Learn about what’s different this year in the wake of new tax laws.