Bad January a bad omen for stocks in 2016?
Good riddance to January — the month that wiped out a chunk of money you've been building up in your 401(k) and other accounts. Just how bad was it? Very...
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Homeownership creeps up but remains below 2004’s peak
The rate of Americans owning their homes is creeping up after a long decline after the nation's housing crisis and Great Recession. During the last quarter, the share of people...
Looking for an affordable Chicago home in a walkable area? The choices are slim.
Chicago is among only eight of the largest 21 cities in the nation where families can find affordable homes near "great" schools, but even Chicago provides slim pickings, according to...
Still want free checking? Your choices are shrinking. Here’s why.
Free checking accounts are slipping away, with only 46 percent of banks still offering them to their customers. That's a major change from 2009, when more than 78 percent of...
America, retailers would really, really like you to go shopping
Have you thought of buying a new outfit, adding a little spark to your home, or treating yourself in some way? If so, store managers are hoping you don't chicken...
Macy’s CEO says State Street store could be used to test ‘new ideas’
Macy's Chief Executive Terry Lundgren said Tuesday that the State Street store in Chicago is one of his favorites and could be used as a testing ground for "new ideas"...
If this is a bear market, what should you do?
The violent plunge in the stock market this past week stoked fears of a bear market. So far the market is merely in a correction, with the Standard & Poor's...
Retail winners and losers: Not everyone can be Amazon
Shoppers have put retailers on alert: Don't expect us to show up ready to buy like we did in the past. Consumers are spending, but they are being careful about...
Mortgage rates defy prediction: Is <i>now</i> a good time to buy a home?
When the Federal Reserve raised interest rates in December, people who had been flirting with buying a home worried they might have waited too long. But worries about rising mortgage...
Dividend increases likely to slow in 2016
Saved by the bell. Or make that dividends. If you ever wondered if dividends matter, 2015 shows clearly that the extra cash dividends provide does indeed help investors. In fact,...