Finance
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What to know about overdraft fees as the White House cracks down on themJan 21, 2024 6:00 am - The Consumer Financial Protection Bureau has proposed new rules that would lower overdraft fees, with President Joe Biden calling the charges “exploitative.” Currently, ...
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Access to capital key to business successJan 21, 2024 6:00 am - When you start or are growing a small business, your access to capital is how easy or difficult it is for you to amass money or resources necessary to get your business o...
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States expand low-interest loan programs for farms, businesses and new housing
Jan 21, 2024 6:00 am - On the first business day of the new year, Missouri Treasurer Vivek Malek began accepting applications for about $120 million of state-subsidized, low-interest loans to s...
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What to do about debt in retirement
Jan 21, 2024 5:38 am - A growing number of older adults are in debt in retirement, according to the 2022 Survey of Consumer Finances from the Federal Reserve. Among people ages 65 to 74, the s...
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Navigating the financial landscape: Trends reshaping banking for SMEs in 2024Jan 21, 2024 5:31 am - In the backdrop of inflation and uncertain business conditions, liquidity challenges and rising costs are impacting small- and medium-sized enterprises (SMEs). Large mon...
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BBB tip: How to choose a tax preparerJan 21, 2024 5:31 am - It is time again to file our taxes. For many people, major life changes, business ownership, or simply a lack of knowledge about the ever-changing tax laws make finding ...
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Charting a path to small business success in 2024Jan 21, 2024 5:05 am - The new year is a great time for Chicago-area business owners and entrepreneurs to reflect on their businesses, assess potential challenges, and evaluate the factors that...
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Banks upbeat on US consumer despite bank profit declines, inflation and rising debt levels
Jan 18, 2024 12:59 pm - The biggest banks in the country posted strong profits last year, helped by higher interest rates and a strong economy, despite having to deal with the lingering industry...
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Overdraft fees could drop to as low as $3 under new Biden proposal
Jan 17, 2024 7:15 am - NEW YORK — The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest effort by the Biden administration ...
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Banks prepare to take on the Biden administration over billions of dollars in overdraft fees
Jan 16, 2024 1:42 pm - NEW YORK — The squabble over billion of dollars in overdraft fees that Americans get charged every year is intensifying. The Consumer Financial Protection Bureau is expe...