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Personal Finance

Stories related to personal finance.

Fed says inflation concerns remain, will continue raising rates

Fed says inflation concerns remain, will continue raising rates

The Federal Reserve's September meeting minutes revealed that it's prepared to continue raising interest rates in the coming months but has its eye on the state of the current economy.

October 20, 2022 5:45pm CDT
Housing market rebalance could mean bargains for buyers: report

Housing market rebalance could mean bargains for buyers: report

The housing market may be tipping in favor of buyers, according to Knock.

October 19, 2022 5:01pm CDT
Taxpayers may get bigger refunds for 2023 to help keep up with inflation

Taxpayers may get bigger refunds for 2023 to help keep up with inflation

The IRS is increasing the standard deduction and tax bracket limits amid inflation.

October 19, 2022 3:00pm CDT
IRS inflation adjustment could lower your tax bill in 2023

IRS inflation adjustment could lower your tax bill in 2023

The changes are meant to help Americans whose earnings haven’t kept up with the increased cost of living.

October 19, 2022 10:17am CDT
Mortgage rates rise to highest level since 2022, driving down housing demand

Mortgage rates rise to highest level since 2022, driving down housing demand

Mortgage rates and 'lingering inflation, recession fears and housing affordability' are driving down demand for housing, Freddie Mac said.

October 17, 2022 5:42pm CDT
Student loan borrowers can now apply to have debt forgiven — what to know

Student loan borrowers can now apply to have debt forgiven — what to know

The website to apply to have student loan debt forgiven went live Friday night.

October 14, 2022 9:09pm CDT
Website to apply for student loan debt forgiveness goes live
video

Website to apply for student loan debt forgiveness goes live

October 14, 2022 9:04pm CDT
Social Security Administration to make substantial COLA increase in 2023, but is it enough for retirees?

Social Security Administration to make substantial COLA increase in 2023, but is it enough for retirees?

The Social Security Administration announced a substantial increase for beneficiaries in 2023, marking the highest COLA increase in more than 40 years.

October 14, 2022 4:56pm CDT
6 ways to spot student loan forgiveness scams

6 ways to spot student loan forgiveness scams

Scams about during difficult financial times. Here’s how to avoid falling prey to student loan forgiveness scams.

October 14, 2022 4:46pm CDT
Credit card vs. cash: How to decide which payment method is most beneficial
video

Credit card vs. cash: How to decide which payment method is most beneficial

October 14, 2022 8:24am CDT
Credit card debt burdens nearly half of Americans, survey says: Here’s how to pay yours down

Credit card debt burdens nearly half of Americans, survey says: Here’s how to pay yours down

Credit card debt affects nearly half the country and the average American has an outstanding balance of more than $6,000, according to a recent survey. Here's how you can pay off your credit card debt quickly.

October 13, 2022 5:59pm CDT
Millions of people may still be eligible for COVID-19 stimulus checks, but the deadline is coming up

Millions of people may still be eligible for COVID-19 stimulus checks, but the deadline is coming up

Based on IRS and Treasury data, there could be between 9 and 10 million people who have not yet received their payments.

October 13, 2022 10:11am CDT
Social Security benefits to jump by 8.7% in 2023

Social Security benefits to jump by 8.7% in 2023

The Social Security cost-of-living adjustment means the average recipient will receive more than $140 a month starting in January.

October 13, 2022 8:28am CDT
Lake County residents impacted by pandemic can now apply for rental assistance

Lake County residents impacted by pandemic can now apply for rental assistance

If you live in Lake County and are having trouble paying your rent, you may be eligible to receive rental assistance.

October 12, 2022 5:45pm CDT
Lake County offering rental assistance to some residents
video

Lake County offering rental assistance to some residents

October 12, 2022 5:39pm CDT
Home prices see ‘forceful deceleration’ in July: Case-Shiller

Home prices see ‘forceful deceleration’ in July: Case-Shiller

Home prices decreased slightly on a monthly basis in July, and annual growth decelerated, according to Case-Shiller. Here's how you can take advantage of your home equity.

October 11, 2022 6:26pm CDT
Cook County residents can now apply for $500 a month via guaranteed income program
video

Cook County residents can now apply for $500 a month via guaranteed income program

October 6, 2022 9:22pm CDT
Personal loan interest rates continue to climb for 3- and 5-year fixed-rate loans

Personal loan interest rates continue to climb for 3- and 5-year fixed-rate loans

The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.

October 6, 2022 5:59pm CDT
Biden administration revises student loan forgiveness for some borrowers

Biden administration revises student loan forgiveness for some borrowers

The Biden administration changed its approach on one part of its student loan forgiveness plan.

October 6, 2022 5:44pm CDT
Cook County residents can now apply for $500 a month through guaranteed income program

Cook County residents can now apply for $500 a month through guaranteed income program

The guaranteed income pilot program will send $500 to more than 3,200 Cook County residents each month for the next two years.

October 6, 2022 9:23am CDT
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Skokie man gets 10 years for supplying fentanyl in fatal overdose: prosecutors

Skokie man gets 10 years for supplying fentanyl in fatal overdose: prosecutors

Illinois driver injured after ice from semi smashes windshield: officials

Illinois driver injured after ice from semi smashes windshield: officials

Chicago weather: Chance of light snow coming this weekend

Chicago weather: Chance of light snow coming this weekend

Chicago police warn women after series of assaults, armed robberies connected to dating app

Chicago police warn women after series of assaults, armed robberies connected to dating app

Sen. Durbin makes last-year bid to pass long-fought Dream Act

Sen. Durbin makes last-year bid to pass long-fought Dream Act

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Column: A Chicago Bears win in Lambeau on Sunday would mean the Johnson era is truly different

Column: A Chicago Bears win in Lambeau on Sunday would mean the Johnson era is truly different

St. Charles man sentenced to 16 years for child pornography: officials

St. Charles man sentenced to 16 years for child pornography: officials

Firefighter injured as blaze damages Northwest Side residential building: officials

Firefighter injured as blaze damages Northwest Side residential building: officials

IHSA state football championships: 7A and 8A Scores and top performers

IHSA state football championships: 7A and 8A Scores and top performers

Illinois man charged with attempted murder after officer struck by vehicle

Illinois man charged with attempted murder after officer struck by vehicle

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