Finance
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Royal Financial closes on PNA Bank acquisitionSep 30, 2015 1:00 am - CHICAGO - Royal Financial, parent company of Royal Savings Bank, received regulatory approvals for its planned acquisition and merger of PNA Bank into Royal Savings Bank...
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A third of employers giving bonuses to the poorest performers
Sep 27, 2015 7:37 am - For the fifth year in a row, bonus payouts will fall short of what employers had budgeted for, according to a Towers Watson survey of 170 large and midsize U.S. employer...
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Why middle class households are worse off now than 16 years ago
Sep 27, 2015 7:36 am - WASHINGTON - Once upon a time, American men used to get something called a "raise." That is when your employer would actually pay you more money. Now, it is true that so...
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A financial guide to retiring abroad
Sep 27, 2015 7:31 am - Is it your goal to spend your golden years living in a hut on the beach of a Caribbean island? Or do you dream of a second act running a vineyard in Tuscany? Retiring ov...
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Cable firms offer alternatives to the bloated bundle
Sep 26, 2015 7:33 am - The best alternatives to the cable bundle may be coming out of the cable companies themselves. Since Verizon Communications in April introduced cheaper, slimmed-down bun...
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First Midwest acquires Peoples' Bank of Arlington HeightsSep 22, 2015 1:00 am - Itasca-based First Midwest Bancorp, the parent company of First Midwest Bank, announced it will acquire The Peoples' Bank of Arlington Heights for an undisclosed sum. Pe...
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The Federal Reserve is trying to do what nobody else has been able to do
Sep 20, 2015 7:35 am - WASHINGTON - You can raise rates any time you want, but you can never leave the zero bound. That, at least, has been the case for almost every country that has tried to ...
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What you need to know about the Federal Reserve
Sep 20, 2015 7:33 am - WASHINGTON - Sometime this year, the Federal Reserve is likely to do something it hasn't done in nearly 10 years: raise interest rates. The decision sounds wonky, but it...
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It's about to get easier for students to figure out which colleges they can afford
Sep 20, 2015 7:32 am - College-bound students will be able to get earlier estimates of their eligibility for federal grants and loans next fall as the White House moves to simplify the way the...
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Senior savers will wait to reap benefits from Fed rate increases
Sep 20, 2015 7:31 am - WASHINGTON - Jerry Willis is ready for higher interest rates. Willis is 79 and retired. Like millions of other older Americans, he owns an investment portfolio that incl...