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Finance

10 sources of emergency cash, ranked from best to worst

By Christine Benz of Morningstar
Jun 07, 2025 1:45 pm - If unanticipated expenses exceed your emergency fund, here’s a look at where to go next.
3 surprising market winners in 2025

By Dan Lefkovitz of Morningstar
Jun 07, 2025 1:38 pm - Investors brave enough to peek at their account statements know that it’s been a rocky 2025. But there have been equity gains to be had in 2025.
Amid court battle, lawmakers delay ban on ‘swipe fees’

By BEN SZALINSKI
Jun 06, 2025 10:18 am - Illinois lawmakers have decided to delay a ban on “swipe fees” for another year as bankers are locked in a court battle with the state over the ban.
Chicago’s wealthy back new fund for U of C tech startups

By Miranda Davis
Jun 05, 2025 1:53 pm - A Silicon Valley venture capital firm has lured investment from billionaires including Don Wilson, Michael Polsky and Ashley Duchossois Joyce to fund University of Chicago technology startups.
Average rate on a US 30-year mortgage rises to 6.89%, its highest level since early February

By ALEX VEIGA
Jun 02, 2025 11:00 am - The average rate on a 30-year mortgage in the U.S. rose last week to its highest level since early February, further pushing up borrowing costs for homebuyers.
Tips on navigating economic uncertainty for small business owners

By Steve Bernas
May 31, 2025 1:39 pm - In today’s unpredictable economic climate, many small business owners are struggling to maintain stability amid inflation and fluctuating costs.
What your net worth statement is telling you

By Amy Arnott of Morningstar
May 31, 2025 1:10 pm - A summary of all your assets and liabilities is a crucial first step toward getting a better handle on your finances. Before you start putting together a net worth spreadsheet, gather as much information as you can to get the best sense of what it can tell you.
Naperville Central students win financial literacy competition; head to Atlanta for nationals June 1-2

Submitted by Illinois Treasurer Michael Frerichs’ office
May 27, 2025 12:09 pm - Naperville Central team wins state personal finance contest, heads to national finals to demonstrate money management skills learned through competition.
Why are more shoppers struggling to repay ‘buy now, pay later’ loans?

By CORA LEWIS
May 24, 2025 1:03 pm - More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said this week. The disclosure corresponded with reports by lending platforms Bankrate and LendingTree, which cited an increasing share of all “buy now, pay later” users saying they had fallen behind on payments.
Student loans have been confusing lately. Here’s a guide to know where you stand

By ADRIANA MORGA
May 17, 2025 1:42 pm - Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans.

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