Finance
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IRS is sending out automatic stimulus payments. Who is getting them?
Jan 17, 2025 11:50 am - The IRS is distributing about $2.4 billion to taxpayers who didn't receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will re...
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Illinoisans may be able to file federal taxes for free
Jan 16, 2025 1:33 pm - Many Illinois residents will be able to use the IRS Direct File service to electronically prepare and file their 2024 federal tax returns for free. Almost 2 million eligible Illinois taxpayers will be able to use Direct File starting Jan. 27.
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People on the move: New hires at Itasca Bank & Trust, Lavelle LawJan 15, 2025 12:50 pm - Itasca Bank & Trust Co. has hired Elizabeth D. Romano as the bank’s Trust Department vice president/trust officer and appointed Thomas Gallagher as vice president/commerc...
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Economic outlook: What to expect in 2025Jan 12, 2025 4:37 am - In the stock market, what goes up doesn’t necessarily need to come back down. While some of history’s most popular sayings are thrown around to simplify complex topics, they shouldn’t always be applied universally.
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Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase
Jan 09, 2025 11:10 am - The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
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Top Federal Reserve bank regulator, under fire from GOP, to step down next month
Jan 06, 2025 2:56 pm - The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation with the incoming Trump administration and Republicans in the Senate.
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SBA 504 Program Expands to Help More Small Businesses Access CapitalJan 03, 2025 9:24 am - The SBA 504 loan program provides a long-term, fixed rate for business owners to build, buy, and refinance fixed assets – like commercial real estate and heavy equipment....
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10 tips to help you change your relationship with money in 2025
Jan 02, 2025 3:36 pm - NEW YORK — With 2024 officially in the rearview mirror, it’s time to consider your financial goals for 2025. Whether you're saving for a house or to pay off student loan...
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How you could benefit from tax-loss selling this year
Dec 29, 2024 5:22 am - Unless your strategy is to buy only U.S. stocks, you may have opportunities to realize tax losses in your portfolio, which you can use to offset gains elsewhere.
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Why your new phone should be a used one
Dec 27, 2024 2:37 pm - If you’re thinking of buying a new phone, laptop or smartwatch, getting refurbished technology could save you money and help the planet. “The biggest thing that people wi...