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Finance

About 1 in 4 US adults 50 and older who aren’t yet retired expect to never retire, AARP study finds

By FATIMA HUSSEIN
Apr 26, 2024 2:39 pm - WASHINGTON — About one-quarter of U.S. adults age 50 and older who are not yet retired say they expect to never retire and 70% are concerned about prices rising faster th...
5 questions to ask when helping an older parent with money

By JAE BRATTON of NerdWallet
Apr 19, 2024 12:10 pm - Conversations about money often require sensitivity and patience, especially when the person across the table is an older parent. Some of us won’t need — or want — to get...
How couples can share the mental load of money management

By SARA RATHNER of NerdWallet
Apr 19, 2024 10:04 am - NEW YORK — A lot of work goes into making a household run smoothly, and the thread that runs through all the labor is money. It’s money that makes it possible to fix a br...
Discover Financial profit dives 68% as compliance costs bite

Paige Smith, Bloomberg
Apr 19, 2024 11:30 am - Discover Financial Services, the lender that agreed to be acquired by Capital One Financial Corp. in the year’s biggest announced deal, posted a sharp drop in first-quart...
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates

By ALEX VEIGA
Apr 11, 2024 2:13 pm - LOS ANGELES — Shop for a home now or hold out for the possibility of lower mortgage rates? That question is confronting many home shoppers this spring homebuying season. ...
U.S. home insurance premiums may hit a record this year, report warns

Coco Liu
Apr 05, 2024 9:58 am - U.S. home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new...
People on the move: Northwest Community Credit Union CEO appointed as adviser to governor

Daily Herald report
Apr 08, 2024 7:32 am - Jose Garcia, president/CEO of Northwest Community Credit Union in Morton Grove, recently was appointed by Gov. J.B. Pritzker to the Board of Credit Union Advisors for the...
Should you itemize or take a standard deduction on your tax return? Here’s what to know

By KATHERINE ROTH
Apr 05, 2024 9:47 am - NEW YORK — When tackling your taxes, it can sometimes be hard to figure out whether to opt for a standard deduction or itemize. According to tax pros, itemizing generally...
As credit unions branch out with bank buys, what’s the impact for the Chicago region?

By Marni Pyke
Apr 05, 2024 11:47 am - You may have glimpsed the rebranding while driving by. One day, it’s a local bank. The next day, a new sign displays a credit union logo. Your eyes aren’t deceiving you....
How to foster your child’s financial literacy

Submitted by Edward Scoby
Apr 04, 2024 1:34 pm - As parents, we all want what’s best for our children. We spend years nurturing, encouraging, and preparing them to be “out in the world.” School can help prepare our kids...

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