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Finance

Get used to it: Low interest rates are here to stay

By Noah Smith Bloomberg News
Oct 25, 2015 7:38 am - Why are interest rates so low? For macroeconomists, this is one of the Big Questions in the world today. Government bond rates are at or near record lows all around the...
Students take up the Fight for $15 for another group: Themselves

By Lydia DePillis and Danielle Douglas-Gabriel Washington Post
Oct 25, 2015 7:34 am - WASHINGTON - Over the past few years, thousands of students have waved picket signs and chanted slogans in support of raising the minimum wage for people who toil in fas...
How SALT teaches students about college debt before problems arise

By Danielle Douglas-Gabriel Washington Post
Oct 25, 2015 7:32 am - Andrew Brown, a Howard University senior, had a pretty enticing display of free swag, including knapsacks, pens, cups and magnets, all emblazoned with one word: SALT. "H...
What the credit card offers you receive tell you about yourself

By Jeff Guo Washington Post
Oct 25, 2015 7:31 am - If you want to know what credit card companies think of you, look at your mail. Are you "prescreened" for lots of mileage-reward cards? Banks think you're rich and educa...
Illinois budget mess spurs biggest pension fund withdrawal ever

By Elizabeth Campbell Bloomberg News
Oct 23, 2015 1:00 am - Illinois's decision to delay payments to its pension fund because of a prolonged budget impasse is starting to have real consequences. The State Employees' Retirement Sy...
Community honors Village Bank, retiring chairman

By Rich Klicki
Oct 20, 2015 1:00 am - There were two reasons to raise a glass in toast to Village Bank and Trust Tuesday. The first was to congratulate the Arlington Heights bank for marking 20 years of busi...
First Community sees increase in 3Q revenues

Marketwired
Oct 19, 2015 1:00 am - JOLIET - First Community Financial Partners, the parent company of First Community Financial Bank, reported an increase in third quarter 2015 net income boosted by incre...
The states where people have the best and worst financial habits

by Jonnelle Marte Washington Post
Oct 18, 2015 7:38 am - WASHINGTON - Where you live might have a huge impact on your wallet - and not just for the reasons you expect. Most consumers think of affordability when they calculate ...
The financial habits Americans struggle with most

by Jonnelle Marte Washington Post
Oct 18, 2015 7:30 am - WASHINGTON - The rules that financial pros say people should follow if they want to build wealth are usually straightforward - pay your bills on time, have cash on hand ...
How a rate hike could end U.S. auto boom

By Matt Scully Bloomberg News
Oct 18, 2015 1:00 am - The end of seven years of easy-money Federal Reserve policies may derail a U.S. auto boom fueled by cheap debt, a group of economists said in a recent report. One of the...

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