Where was inflation the highest in October? Northeast and Midwest cities near the top

The Labor Department released a new report on inflation that examined price growth in various cities and metropolitan areas in the U.S. which reflected a higher rate of inflation in the Northeast and Midwest.

Spirit prepares for bankruptcy filing after failed Frontier talks: report

Spirit Airlines is reportedly planning to file for Chapter 11 bankruptcy protection after its latest attempt to merge with Frontier Airlines fell through.

Medicare premiums increasing in 2025

Medicare’s premium increase for Part B in 2025 outpaces both inflation and the Social Security cost-of-living adjustment (COLA).

Federal Reserve cuts its key interest rate by a quarter-point on heels of election

The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.

Managing holiday spending; Tips for spending wisely

Drew White from Northwestern Mutual shares tips for managing spending, while still spreading joy to others.

Inflation may be coming down but that doesn't mean prices will, expert explains

Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.

New plan would cancel student loans for those with financial hardships

Student loan borrowers who face steep medical bills, child care costs and other types of financial hardship could see their student loan debt erased under a new proposal.

Navigating open enrollment season
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University of San Diego Professor Dan Rocatto joined FOX6 WakeUp with some tips on approaching open enrollment.

Waukesha County sales tax decision postponed, Farrow says

A proposal to institute a Waukesha County sales tax is on hold, County Executive Paul Farrow announced Tuesday evening.

IRS announces higher standard deductions for 2025

The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from taxation.