|
The closing bell of the New York Stock Exchange on Thursday, Jan. 9, 2020. (WTTW News via CNN)

The U.S. stock market closed at record highs Thursday, indicating investor confidence as relations between the U.S. and Iran appear to cool down. Ed Stuart and Michael Miller share their thoughts on current economic conditions.

|
(Pixabay)

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.

|
(Ken Teegardin / Flickr)

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. 

|
Gov. J.B. Pritzker discusses his graduated income tax proposal on March 7, 2019.

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.

|
(Ken Teegardin / Flickr)

Federal workers are feeling the effects of the government shutdown, but what about everyone else? Local economists weigh in on that and the economic forecast for 2019.

|

Jitters on Wall Street as the U.S.-China trade war escalates. What it could mean for your wallet.

,
|

Tensions over trade restrictions heat up as China responds with tariffs of its own on more than 100 U.S. products.

|

The Trump administration is playing down the historic stock market downturn. We discuss the seesawing financial markets and what they may foretell.

|

Republicans in Congress have successfully passed tax legislation. Will a corporate-friendly tax overhaul help spur job and wage growth, or merely help the rich get richer?

|

Median incomes in America are on the rise. What will be the response of a Federal Reserve Board with vacancies?

|

The Federal Reserve is expected to raise the benchmark interest rate again. What that means about the U.S. economy.

|
U.S. Treasury Secretary Steven Mnuchin

President Donald Trump’s tax plan was formally rolled out Wednesday. As promised on the campaign trail, the plan includes several business-friendly tax measures.

|
Janet Yellen (Courtesy of CNN)

Unemployment is down, the stock market is up and the Federal Reserve raises interest rates. Just how strong is the American economy? Two Chicago economists take stock of what’s in store for 2017. 

|

Excitement on Wall Street as a possible interest rate hike approaches. Why some surprises in the U.S. economy have investors and analysts feeling good.

|

There is worldwide fallout over the release of millions of documents known as the Panama Papers, which show how the wealthy around the world are hiding assets. And it's raising questions about whether tax havens are appropriate. A look at both sides of the controversy.

|

The U.S. Federal Reserve is expected to scale back its $85 billion a month bond-buying program. As Fed policymakers convene this week, financial insiders speculate what the timetable for a stimulus wind-down could look like. We talk with two Chicago economists about the stimulus program and what federal tapering means for businesses and consumers. Read an interview.

randomness