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Dave Ramsey: Mother-in-law needs a push toward financial independence

Dear Dave, My mother-in-law is in poor health and doesn#x2019;t have a lot of money. She has been giving us a lot of her earnings over the last couple of years as a kind of early inheritance, because she#x2019;s afraid she#x2019;ll spend it all. We#x2019;re setting it aside in a savings account in case she […]

White Way Sign Files For Bankruptcy

White Way Sign, the 98-year-old company responsible for some of Chicagos most iconic marquees, filed for Chapter 11 bankruptcy protection last week. The company lists $10 million in assets against $50 million in liabilities. Irish Immigrant Thomas Flannery founded White Way in 1916, taking its name from the Great White Way nickname of New York […]

5 Things You Might Not Know About Uber

The ride-sharing service Uber is available in more than 150 US cities (not to mention many more across 43 countries), so theres a good chance youve used Uber, or heard of it, at the very least. There are plenty of opinions out there about Uber. Some people swear by it. Others have had experiences so […]

JP Morgan faces US currency trading probe

JP Morgan Chase, the largest bank in the US, has revealed it is under investigation over currency trading. The firm said the US Department of Justice (DoJ) had launched a criminal investigation, while other regulators are running civil investigations. It added that possible losses from all its the legal proceedings could total $5.9bn (£3.7bn). A […]

Hampden County Physician Associates bankruptcy hearing postponed

SPRINGFIELD Clarity on the future of Hampden County Physician Associates, its doctors, its patients and its assets will have to wait at least one more day. A hearing onHampden County Physician Associates bankruptcy case set for Monday morning at the federal courthouse in Springfield was postponed until noon Tuesday, Nov. 4. US Bankruptcy Judge Henry […]

4 Common (but Untrue) Myths about Financial Advisors

Myth 1: Financial advice is only for the rich One of the most persistent beliefs that people hold about financial advice is that its only for people with a lot of money to spend or invest. On the contrary, a financial advisor can help people of all income levels. It starts with basic financial planning, […]

Aussie: worst performing currency against US dollar this week

The reason for the discrepancy is an emerging currency war where struggling major economies such as Europe and Japan are easing monetary policy in an attempt to spur business lending and lower their currencies to make their exporters more competitive. The Reserve Bank of Australia also noted its continued concern about the level of the […]

JPMorgan Faces U.S. Criminal Probe Into Currency Trading

JPMorgan Chase amp; Co. (JPM) said it faces a US criminal probe into foreign-exchange dealings and boosted its maximum estimate for “reasonably possible” losses on legal cases to the highest in more than a year. The shares fell in New York. The firm is cooperating with the criminal investigation by the Department of Justice as […]

Zalman Reportedly Files for Bankruptcy, Allegations of Bank Fraud Arise

Say it isnt so! Any veteran in the PC space is familiar with the Zalman brand. Zalman has dabbled in a number of different products and is perhaps best known as a pioneering force in quiet computing through its line of high-end CPU coolers. Unfortunately, weve come across some disturbing reports about Zalman that make […]

Consumers Beware: The Truth About Life Insurance, Annuities And College …

There are so-called college advisors lurking at college aid nights at high schools across the country who are really just insurance agents aiming to sell unsuspecting parents life insurance and annuity products on the claim that it will get them more aid for college. Some of their claims and practices border on outright fraud, so […]

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