Fewer Chicagoans underwater on mortgages
Fewer Chicagoans are underwater on their mortgages these days, but local homeowners — particularly those with condominiums — are in worse shape than borrowers elsewhere in the country. In its...
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Jewel glitch costs 2nd shopper $682.40; experts say stop using debit
The recent payment processing glitch at Jewel-Osco highlights the risk of using debit cards, which expose consumers to a cash-flow crunch if their card is compromised by such a foul-up...
Shopper says Jewel debit glitch cost her $400
A Tinley Park woman says a debit card glitch at Jewel-Osco has led to her being overcharged by about $400. Debra Studzinski said she was shopping at the store in...
Armani closes Michigan Avenue store
Chicago's Magnificent Mile just got a little less magnificent. Upscale Italian clothing and accessories maker Armani on Tuesday closed its store on the north end of Michigan Avenue, the city's...
Long Tall Sally opens Chicago-area store
Long Tall Sally, a British retailer catering to tall women, has opened a Chicago-area store, now one of four in the United States. The merchant, which also has stores in...
IRS impersonators have stolen $21.5 million by phone, watchdog says
An Internal Revenue Service watchdog called it "the largest, most pervasive impersonation scam" in his office's history, with 650,000 reported incidents since 2013 and so far 4,200 victims losing $21.5...
‘Spy car’ worries raised by new Allstate patent
If, while driving, you were also chowing down food, yakking on your phone or getting distracted by Bella the Labrador retriever, would your insurance company know? A patent issued earlier...
Ex-Sentinel trader ordered to pay $2 million in CFTC case
A former Sentinel Management Group executive has been ordered to pay more than $2 million for misusing customer funds. Charles K. Mosley, who had been senior vice president and trader...
Chicago-area home prices, sales volume up in July
Existing-home sales and median home prices in the Chicago area continued to beat their year-ago comparisons in July, but the local housing market's price gains may be moderating. Sales of...
Only half of U.S. singles have a retirement savings account
The population of single people is rising, but along with that growth comes a troubling statistic about their retirement savings accounts: Only 51 percent of unattached people have one, according...