Most Americans don’t have enough money to cover a $500 emergency
Most Americans don't have the money to handle common emergencies like a car breakdown or a trip to the emergency room for a broken bone. In a national survey by...
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Small-business jobs grow, but the pace is slowing
Job growth for small businesses increased in Chicago during December, but the pace of growth slowed from earlier last year and lagged many other metropolitan areas, an analysis of national...
From China trading troubles to Middle East unrest, here’s what’s making the markets tremble
2016 has begun with investors saying, "Yikes." The stock market started Monday plunging and continued the same way throughout most of the day in the U.S. and around the world....
Lick your wounds: Neither stocks nor bonds were kind in 2015
After a dismal stock finish to 2015, your natural conclusion might be: Why did I bother? If you glance at the markets and stock funds in your 401(k), IRA or...
Have a loser in your portfolio? It’s not too late to sell and help your tax return
As 2015 comes to an end, investors are bogged down by loads of loser stocks, mutual funds and exchange-traded funds. But rather than regretting ever buying them, or wishing that...
With strong dollar, e-commerce, even weather, retailers can’t catch a break
The Grinch didn't exactly steal Christmas from retailers. But he threw a chill into it by making stores contend with 60-degree temperatures when managers wanted you to be thinking of...
Worried about junk bonds? Check your fund ratings.
Now you see why high-yield bonds are called junk. They can be sloppy and unreliable — sometimes the stinkiest of garbage from the junkyard of the bond market. And they...
Retailers continue to drop prices as Christmas nears
Debbie Rohrwasser wants no part of the mad rush through stores in the final week of Christmas shopping. She went to great ends to avoid crazed last-minute shopping when she...
The Fed is raising rates. What’s it going to cost you?
Finally, interest rates are going up. After nine years of some of the lowest interest rates in history, the Federal Reserve on Wednesday started the process of making it more...
American Airlines adds flights to Dominican Republic, Norfolk, Providence
American Airlines this week will begin weekly flights from O'Hare International Airport to Punta Cana, Dominican Republic, and will add flights to Norfolk, Va., and Providence, R.I., in April, the...