Articles filed under Economy
-
The average millennial has an average net worth of $8,000. That's far less than previous generations.May 31, 2019 1:00 am - Millennials are doing far worse financially than generations before them, with student loans, rising rents and higher health care costs pushing the average net worth bel...
-
President threatens tariffs for Mexico; what it could mean for the economyMay 30, 2019 11:00 pm - WASHINGTON — President Donald Trump on Thursday said he would impose a 5 percent tariff on all goods entering from Mexico unless it stopped the flow of illegal immigrati...
-
How much money do you need to be wealthy in America?May 18, 2019 6:00 am - Rich is relative. Merely having a net worth of $1 million, it seems, doesn't mean you're wealthy. In Charles Schwab's annual Modern Wealth Survey, the amount people said...
-
Analysis: Proposed Huawei sanctions underscore US dependency on China techMay 17, 2019 1:00 am - U.S. suppliers to China-based Huawei would be affected quickly if a ban on exporting hardware and services proposed by the U.S. Commerce Department on Wednesday goes int...
-
African swine fever has crept from China to Europe. Will it hit the US?May 12, 2019 6:10 am - African swine fever is decimating the world's largest hog herd in China, and that holds risk and opportunity for U.S. pork producers. Affected animals have now been repo...
-
You got the new house! Now, how do you afford to furnish it?May 12, 2019 6:00 am - Congrats on saving up for that down payment! And hats off for committing to mortgage payments, homeowners insurance and property taxes. Now for your reward: home sweet, ...
-
You got into college. Now, how to decipher your financial aid offers.May 05, 2019 6:11 am - With college acceptances in hand, now comes the hard part: understanding your financial aid offers. These letters are notorious for being laden with jargon that differs ...
-
Analysis: The government move that threatens to keep Americans trapped in debtMay 05, 2019 6:00 am - In November 2017, the Consumer Financial Protection Bureau (CFPB) issued a rule requiring payday lenders to assess a borrower's ability to repay before making a loan. Th...
-
Adjustable-rate mortgages: Are they worth it?May 05, 2019 6:00 am - Adjustable-rate mortgages, known as ARMs, are back, despite having earned a bad reputation at the height of the housing crisis. Post-crisis borrowers saw them as risky b...
-
Wheeling-Prospect Heights chamber host job fair May 16May 01, 2019 1:00 am - The Wheeling - Prospect Heights Area Chamber of Commerce & Industry and Wheeling High School are hosting a job fair for high-paying positions that don't require a colleg...