Finance
-
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...
-
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...
-
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...
-
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 ...
-
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...
-
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...
-
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 ...
-
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...
-
Do I really need supplemental insurance (Medigap) with Medicare?
Jan 14, 2024 4:43 am - About 41% of Original Medicare beneficiaries had Medicare Supplement Insurance, or Medigap, in 2021, according to a February 2023 report summarizing enrollment data from ...
-
3 time-sensitive money tasks for new widows and widowers
Jan 14, 2024 4:31 am - Widows and widowers are often told not to make any major decisions for a year or more after a spouse’s death. Grief can cause you to make choices you later regret. Some f...