Finance
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Will the 60/40 portfolio bounce back in 2023?Feb 05, 2023 12:00 am - The 60/40 asset allocation has been a staple in stock and bond portfolios for decades but clearly fell short in 2022. Forty-year high inflation led to rising recession r...
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With interest rates on the rise, expect bonds to be back in fashionFeb 05, 2023 12:00 am - It has been a while, but it looks like bonds are primed to be an attractive investment option for investors moving forward. Last year, 2022, was one of the worst years ...
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Opportunities for investors in this bear marketFeb 05, 2023 12:00 am - Looking back over that last 20 years you can find many excellent buying opportunities in stocks, but each saw investors sitting on the sidelines as each bear market scar...
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How employers can reduce health care costs in 2023Feb 05, 2023 12:00 am -
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Prairie Capital Advisors Inc. promotes Harsh Patel to vice presidentFeb 02, 2023 10:00 pm - OAKBROOK TERRACE, IL - Feb. 2, 2023 - Prairie Capital Advisors, Inc., a leading corporate advisory and investment banking firm, is pleased to announce the promotion of H...
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Community State Bank seeks market opportunity in Northern Illinois; hires Timothy O'BrienFeb 01, 2023 10:00 pm - Community State Bank recently announced the addition of Timothy O'Brien, Vice President - Business Banking, to lead and grow CSB's presence in the Northern Illinois mark...
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Federal Reserve lifts rate by quarter-point and signals more hikes ahead
Feb 01, 2023 12:00 am - WASHINGTON - The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth hike since March. An...
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Better for savings accounts, not for loans: What latest Fed interest rate hike means for you
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Veriti rebrands as First Trust Direct IndexingJan 30, 2023 10:00 pm - WHEATON - Veriti Management LLC, a direct indexing asset technology company, Tuesday said it has been renamed First Trust Direct Indexing, and has appointed Robert Hughe...
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GreenState banking program gains steamJan 25, 2023 10:00 pm - GreenState Credit Union said more than 500 of its members have opted for a Rainy-Day Account since the program was launched in December, and balances in those accounts h...