Biden extends federal student loan payment pause until May 1

President Joe Biden has extended the student loan payment freeze by 90 days through May 1, 2022, “as we manage the ongoing pandemic and further strengthen our economic recovery.”

Market rallies amid Omicron variant concerns
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The stock market appears to be rallying after being shaken by concerns of the omicron variant.

How much does it cost to refinance a student loan?

Refinancing may make your student loan debt more manageable. And in most cases, there’s no upfront cost. (iStock)

Final child tax credit payments issued as Manchin pulls support for Build Back Better

The Build Back Better bill is a $1.7 trillion social safety net that includes investments in climate change, health care and child care, which includes expanding child tax credit (CTC) payments through 2022.

Pop-up shops take over the Magnificent Mile for the holidays
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Beat Kitchen and Colores Mexicanos are two local businesses taking their goods to the Magnificent Mile this holiday season.

Holiday shopping held back by COVID financial impact, survey shows

COVID-19 continues to put a strain on finances this holiday season, however spending is expected to increase from last year, according to a new survey. Here's what to do if you are struggling financially.

Senators urge Biden administration to simplify military student loan forgiveness program

Members of the military may qualify to have the remaining balance of their student loan debt forgiven under the Public Service Loan Forgiveness Program. But with strict documentation requirements, Congress is calling for additional student loan benefits for borrowers who served in the Armed Forces.

Mock cannabis dispensary opens on North Clark Street
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There is a new spot on Clark Street for people interested in the cannabis industry to learn how it works, hands on. The Illinois Cannabis Education Center opened a brand new mock dispensary on Friday.

Warren, Schumer 'strongly urge' Biden to extend student loan forbearance and cancel debt

Progressive lawmakers are calling for the Education Department to extend the forbearance period as federal student loan borrowers are set to resume payments in February.

Can you use a personal loan to pay off your car?

If you’re looking to get out of auto loan debt, you can use a personal loan to pay off your car. Learn what this entails and whether it’s a good idea.

Gov. Pritzker announces plan to sell James R. Thompson Center

“Today I’m proud to announce that for the first time, we’re taking a massive step forward with a plan that will result in the sale of the Thompson Center and that will save taxpayers $800 million,” said Governor J.B. Pritzker.

Student loan payment pause will not be extended, White House confirms

White House press secretary Jen Psaki confirmed that federal student loan borrowers will need to resume making payments in February.

Kroger to end some COVID-19 benefits for unvaccinated employees

Kroger, the country’s biggest traditional grocery chain, is ending some benefits for unvaccinated workers as big employers attempt to compel more to become vaccinated with cases of COVID-19 again rising.