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Lenity Financial Inc. wins Better Business Bureau Torch Award

Submitted by Lisa Conrath-Bova
Nov 20, 2023 6:26 PM - Lenity Financial Inc. in Geneva has been presented the 2023 Torch Award for Ethics -- Woman Owned & Operated Business by the Better Business Bureau of Chicago and Northern Illinois.
Byline Bank honored at 27th annual BBB Torch Award for Ethics in Chicago

Submitted by Leslie Kaufman
Nov 16, 2023 7:58 PM - As a community leader dedicated to helping small businesses thrive, Byline Bank is proud to announce that the company has been recognized at the 27th annual Better Business Bureau Torch Awards for Ethics in Chicago celebration luncheon on Nov. 16.
A third round of U.S. sanctions against Hamas focuses on the money transfers from Iran to Gaza

By FATIMA HUSSEIN
Nov 14, 2023 10:15 AM - The United States on Tuesday said it imposed a third round of sanctions on a group of Hamas officials, members of the Palestinian Islamic Jihad who work to transfer money from Iran to Gaza, and a Lebanese money exchange service that facilitates the transfers.
Powell reinforces Fed's cautious approach toward further interest rate hikes

By CHRISTOPHER RUGABER
Nov 9, 2023 1:29 PM - Federal Reserve Chair Jerome Powell suggested Thursday that the Fed is in no hurry to further raise its benchmark interest rate, given evidence that inflation pressures are continuing to ease at a gradual pace.
Bypassing mortgage rates: Share of U.S. homes bought with cash hits highest level in nearly a decade

By ALEX VEIGA
Nov 9, 2023 8:12 AM - Homebuyers who can afford to bypass the highest mortgage rates in two decades are increasingly forgoing financing and paying all cash.
Wintrust recognizes Arden Shore Child & Family Services' 125 years of service with a mural

Submitted by Amanda Levinson
Nov 7, 2023 3:48 PM - On Oct. 12, Wintrust installed a mural honoring Arden Shore Child & Family Services' 125 years of service on the façade of its building in Chicago.
Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike

By CHRISTOPHER RUGABER
Nov 1, 2023 2:38 PM - The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead.
Many Americans say their household expenses are outpacing earnings this year, AP-NORC poll shows

By CORA LEWIS
Oct 27, 2023 6:12 AM - About 2 in 3 Americans say their household expenses have risen over the last year, but only about 1 in 4 say their income has increased in the same period, according to a new poll from The Associated Press-NORC Center for Public Affairs Research.
Fed Chair Powell: Slower economic growth may be needed to conquer stubbornly high inflation

By CHRISTOPHER RUGABER
Oct 19, 2023 12:56 PM - Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
METRO Federal Credit Union celebrates 50 years in the community

Submitted by METRO Federal Credit Union
Oct 17, 2023 10:53 AM - METRO Federal Credit Union, located in Arlington Heights, recently celebrated its 50th anniversary in style.

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