NASCAR accused of killing Chicago business

It was the second yard for the NASCAR Chicago Street Race, which was expected to boost the local economy. But some business owners said they experienced just the opposite.

Federal Reserve inflation forecast

Some significant economic news from the federal reserve on Wednesday, noting some progress on inflation reduction. But despite that though, the fed is forecasting just one rate cut this year.

May 2024 job report smashes estimates

Economists predicted the latest job numbers would be good, but last month's figures far exceeded expectations. Lydia Hu broke down what these surprising new numbers could mean for the economy.

Fauci grilled by House GOP over COVID-19 response, origins

During his testimony, Anthony Fauci and Rep. Marjorie Taylor Greene got into a heated exchange. Greene tried to discredit Fauci while grilling him on social distancing and masking guidelines during the pandemic.

Chicago woman sentenced in $16M COVID-relief fraud scheme

A Chicago woman was sentenced to 18 months in federal prison for her role in a conspiracy to fraudulently obtain more than $16 million in small business loans and grants from the Coronavirus Aid, Relief, and Economic Security (CARES) Act.