The Latest Breaking News from Jared Walczak

The native Chicagoan and baseball fan will likely need to get his finances in order with the IRS, like any other American, despite his new status

North Dakota is in a unique position to use its oil wealth to eventually end property taxes on people's homes under a plan from new Gov. Kelly Armstrong

Residents of New York, Virginia and eleven other states could end up with a surprise tax hit of hundreds of dollars next year on forgiven student loans.

Grocery, gas and housing prices are up this year. The stock market is down. Voters are souring on the economy, and some analysts are warning of a looming recession.

SACRAMENTO, Calif. — An $18.1 billion inflation relief package proposed by Gov. Gavin Newsom will put salve on key pain points for Californians most affected by rising gas and grocery prices but also likely will cause prices to tick up just a tad more, leading economists say.

The current run of price and wage increases could tip taxpayers into higher brackets, where they will owe larger slices of their income to the government.