Jacquelyn Ryan/MEDILL

Tough economic times don’t stop Americans from drinking their wine – but tight budgets may have consumers looking Latin for the best (or most) wine for their dollar.

Photo source: City of Austin

With the first-time homebuyer’s tax credit set to expire in April and home prices at generational lows, people–especially young people–are able to buy their first homes a lot sooner than many expected.

Vacancy rates are up, as are the number of perks landlords willing to dole out. Consider asking for free parking.

Comparing the fourth quarter earnings results of three teen apparel competitors, it appears that Abercombie & Fitch Co. is struggling, compared with American Eagle Outfitters Inc. and Aeropostale Inc.

Saving Techniques

How are your fellow Chicagoans saving money? Jeniece Pettitt talked to people in Daley Plaza to find out.

Polyus Gold's stock price has seen a slight bump on the London Stock Exchange. If they are able to merge with another company, the price could surge.

Mexican telecom magnate Carlos Slim is the richest person in the world with a net worth of $53.3 billion, according to Forbes magazine’s annual list.

Jacquelyn Ryan/MEDILL

If you’re feeling unsure about the U.S. stock market, try looking Down Under.

At the Voices for Illinois Children’s recent “Illinois Kids Count 2010 Symposium” at The Standard Club in Chicago, a panel discussion revolved around the topic of families in a time of economic crisis.

Major League baseball’s opening day is less than a month away. Chicago Cubs and White Sox fans are as excited as ever to see their teams take the field in early April, but they may be planning to do so from the comfort of their own homes.