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Finance

SpaceX wants regular investors to help its stock launch. Here’s what to know before clicking ‘buy’

By STAN CHOE
Jun 10, 2026 10:37 am - Elon Musk’s rocket company, formally known as Space Exploration Technologies Corp., is steering some of its initial public offering of stock directly to what are called “retail” investors. These are people who buy stocks in a brokerage account on their phone, not pension funds or other big “institutional” investors routing orders to their professional trading desks.
What to know about dynamic grocery pricing and how it might affect your bill

By Emily Heil
Jun 10, 2026 9:18 am - Grocery prices remain a big concern for Americans — and not just for families looking to stretch their dollars to cover increasing costs. Economists, consumer advocates and legislators, too, are focusing on them, with concerns that companies will take advantage of technological advances and a confusing landscape to charge consumers more.
Illinois’ latest budget asks taxpayers to pay more for Springfield’s spending

By Matt Paprocki
Jun 06, 2026 12:24 pm - Year after year, lawmakers wait until the final hours of session to assemble massive budget packages that put businesses and residents on the hook for spending that few people actually reviewed. The process lacks accountability and can involve gimmicky maneuvering.
3 biggest college mistakes made by students and parents

By Brian Safdari
Jun 03, 2026 10:28 am - Rising high school seniors and parents hoping for a smooth transition into college in fall 2027 have their work cut out for them this summer. And it’s all about the planning.
Treasury Dept. says most filers claiming Trump tax breaks on tips, overtime made below $100,000

By Riley Beggin
Jun 03, 2026 10:02 am - Most filers who claimed new Republican tax breaks — for tips, overtime, seniors and auto-loan interest — reported income below $100,000, according to a new Treasury Department analysis of this year’s filing season.
Illinois’ ‘swipe fee’ law on the brink after another delay, adverse court ruling

By Jerry Nowicki
Jun 02, 2026 6:14 pm - An Illinois law banning “swipe fees” on taxes and tips — already delayed twice by lawmakers — appears to be on life support after a federal judge that once permitted it issued a permanent injunction against the measure this week.
Some homebuyers are giving up hope that mortgage rates will fall

By Julie Z. Weil
May 30, 2026 11:40 am - The housing market hasn’t shaken off its slump the way some anticipated this spring, as higher-than-expected mortgage rates, high inflation and widespread job insecurity have made many would-be buyers hesitate.
Key inflation gauge worsens as Americans’ income and spending power erodes

By CHRISTOPHER RUGABER and PAUL WISEMAN
May 28, 2026 11:37 am - A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans' finances and creating political challenges for President Donald Trump and congressional Republicans with midterm elections just five months away.
PayPal’s online checkout empire is under siege as rivals squeeze its core business

By KEN SWEET
May 27, 2026 10:26 am - PayPal helped invent online checkout. Nearly three decades later, it’s struggling to defend its turf. The iconic online payments company is facing its biggest challenge in nearly three decades of existence. Its core business of customers using the app to check out when shopping online is barely growing and new management has bluntly warned investors that “significant changes” will be needed to fix the company’s problems.
Six tax tips you should start thinking about now

By SHERYL ROWLING of Morningstar
May 23, 2026 12:39 pm - Now that tax season is over, you’re probably tempted to not think about taxes again until next year. That could be a costly mistake. Asking the right questions throughout the year could help you financially come next tax season. In the long run, this could have a substantial impact on your wealth.

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