Home prices to decline in 2023, recession ahead: Fannie Mae forecast
Fannie Mae forecasted that home prices will fall in 2023 and that GDP could contract once again at the end of this year. And while it predicted that a recession next year could be mild, it said there are still risks that could create a larger financial crisis.
Fannie Mae forecasted that home prices will fall in 2023 and that GDP could contract once again at the end of this year. And while it predicted that a recession next year could be mild, it said there are still risks that could create a larger financial crisis.
Mortgage rates reach highest level in two decades – but homebuyers can find relief, analyst says
High mortgage rates and inflation have led “to greater stagnation in the housing market,” Freddie Mac said.
High mortgage rates and inflation have led “to greater stagnation in the housing market,” Freddie Mac said.
Biden’s student loan forgiveness plan temporarily blocked by US appeals court
President Biden's student loan forgiveness has been placed on hold temporarily as Republicans argue against the debt cancellation in court.
President Biden's student loan forgiveness has been placed on hold temporarily as Republicans argue against the debt cancellation in court.
Elon Musk now in control of Twitter, fires top executives, AP sources say
Elon Musk ousted Twitter CEO Parag Agrawal, as well as the chief financial officer and the company’s top lawyer, two people familiar with the deal said.
Elon Musk ousted Twitter CEO Parag Agrawal, as well as the chief financial officer and the company’s top lawyer, two people familiar with the deal said.
GDP increases in Q3 after months of decline: Here's what that means for you
GDP increased in the third quarter of 2022 following two consecutive decreases, but some experts have said it's not likely to last.
GDP increased in the third quarter of 2022 following two consecutive decreases, but some experts have said it's not likely to last.
Home price growth slips in August for fourth consecutive month: CoreLogic
Annual home price growth slowed in August for the fourth consecutive month, but still posted double-digit gains, according to CoreLogic. Here's how to tap into your equity gains.
Annual home price growth slowed in August for the fourth consecutive month, but still posted double-digit gains, according to CoreLogic. Here's how to tap into your equity gains.
Illinois lawmaker pushing against Kroger-Albertsons grocery store merger
Mariano's parent company Kroger is looking to buy Jewel-Osco owner Albertsons for nearly $25 billion.
Mariano's parent company Kroger is looking to buy Jewel-Osco owner Albertsons for nearly $25 billion.
Illinois lawmaker pushing against grocery store merger
Lawmakers are now urging federal regulators to stop a grocery store merger.
Lawmakers are now urging federal regulators to stop a grocery store merger.
Tavern on Rush closes after 25 years in Gold Coast
A 25-year run comes to an end Wednesday as Tavern on Rush closes its doors for the final time.
A 25-year run comes to an end Wednesday as Tavern on Rush closes its doors for the final time.
Social Security increase 2023: What does it mean for retirees?
Social Security recipients will see the largest benefits increase in 40 years in 2023. Here’s what that means for your retirement savings plan.
Social Security recipients will see the largest benefits increase in 40 years in 2023. Here’s what that means for your retirement savings plan.
Tavern on Rush closes tonight after 25 years in Gold Coast
A 25-year run comes to an end Wednesday as Tavern on Rush closes its doors for the final time.
A 25-year run comes to an end Wednesday as Tavern on Rush closes its doors for the final time.
Chicago nonprofits team up to help Black and brown businesses get off the ground
Ryan Pederson, managing director of operations at Sunshine Enterprises, talks about what they're doing to give aspiring business owners a leg up when launching and sustaining their business.
Ryan Pederson, managing director of operations at Sunshine Enterprises, talks about what they're doing to give aspiring business owners a leg up when launching and sustaining their business.
Adidas ends partnership with Kanye West over antisemitic comments
Retail giant Adidas said Tuesday that it terminated its partnership with rapper Ye, formerly known as Kanye West, following his recent remarks.
Retail giant Adidas said Tuesday that it terminated its partnership with rapper Ye, formerly known as Kanye West, following his recent remarks.
Workers at Glenview Starbucks plan to unionize
Workers say they are concerned about under-staffing, facility conditions, sexual harassment and unreasonable working expectations.
Workers say they are concerned about under-staffing, facility conditions, sexual harassment and unreasonable working expectations.
Good news: Student loan refinance rates edge down for 10-year fixed-rate loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
FHFA to eliminate G-fees for some homebuyers
At the Mortgage Bankers Association’s (MBA) conference on Monday, the Federal Housing Finance Agency (FHFA) announced the elimination of added mortgage fees for some borrowers. Here's what that means for you.
At the Mortgage Bankers Association’s (MBA) conference on Monday, the Federal Housing Finance Agency (FHFA) announced the elimination of added mortgage fees for some borrowers. Here's what that means for you.
Hobby Lobby CEO David Green gives away company: 'Wealth can be a curse'
Green said he strives to be a steward instead of an owner.
Green said he strives to be a steward instead of an owner.
How to manage your finances without a credit card
Personal finance experts Dave Ramsey and George Kamel dish out three tips for living without a credit card.
Personal finance experts Dave Ramsey and George Kamel dish out three tips for living without a credit card.
Pfizer says COVID-19 vaccine will cost $110-$130 per dose
Pfizer said the commercial pricing for adult COVID-19 vaccine doses could start in early 2023, depending on when the U.S. government phases out its program of buying the shots.
Pfizer said the commercial pricing for adult COVID-19 vaccine doses could start in early 2023, depending on when the U.S. government phases out its program of buying the shots.
The Jibarito Stop boasts the best of Chicago's Puerto Rican cuisine
FOX 32's Sylvia Perez takes a trip to The Jibarito Stop on 18th Street to try the Chicago-born and Puerto Rican-crafted staple that makes everyone's mouth water: El jibarito.
FOX 32's Sylvia Perez takes a trip to The Jibarito Stop on 18th Street to try the Chicago-born and Puerto Rican-crafted staple that makes everyone's mouth water: El jibarito.