Chicago is facing a $223 million budget gap this year, and the city is projecting a nearly $1 billion shortfall in the 2025 fiscal year.

Earned Wage Access apps extend small short-term loans to workers in between paychecks so they can pay bills and meet everyday needs. On payday, the user repays the money out of their wages. Between 2018 and 2020, transaction volume tripled from $3.2 billion to $9.5 billion.

For a third year in a row, complaints regarding home repair and remodeling top the list of written consumer complaints filed to the Illinois Attorney General’s Office.

According to a report from the New York Federal Reserve Bank, the real net worth of white individuals outgrew that of Black and Hispanic individuals by 30 percentage points and 9 percentage points respectively, from the first quarter of 2019 through the second quarter of 2023.

For first-generation individuals, building wealth can be intimidating. And while learning how to navigate finances can be challenging, it is possible. Giovanna González has made it her life’s mission to teach others how to tackle their finances while unpacking cultural and systemic barriers.

For families around the world and especially in Latin America, receiving money transfers from relatives working in the U.S. provides a critical line of support. With a large immigrant population, Chicago has been a significant source of these money transfers.

The Group of Seven wealthy democracies agreed Saturday to support a global minimum corporate tax of at least 15% to deter multinational companies from avoiding taxes by stashing profits in low-rate countries.

“Bravery means that you’re fearful,” Ariel Investments President Mellody Hobson said  to an audience of 1,600 during the annual Women in the Forefront luncheon last week. “You cannot be brave without fear. I think that’s more important than anything else, especially for women.” 

Billionaire Sam Zell is just the latest to sue former Tribune Company shareholders in an effort to claw back more than $2.5 billion. We speak with a bankruptcy expert to see if this can actually happen.