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Financial and Business Services

A collection of news and information related to Financial and Business Services published by this site and its partners.

Top Financial and Business Services Articles see all

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  • CPS credit rating takes hit

    CPS credit rating takes hit
    Chicago’s bad week of financial news continued Friday, as a major rating agency downgraded Chicago Public Schools’ debt to just one level above junk status.
  • Why 5.5 percent unemployment isn't as great as it seems

    Unemployment in the U.S. has dropped to a seven-year low of 5.5 percent — a level normally considered the mark of a healthy job market. Yet that number isn't as encouraging as it might sound. While U.S. employers added a solid 295,000 jobs in...

    Solid U.S. jobs report; unemployment rate at 5.5%

    Solid U.S. jobs report; unemployment rate at 5.5%
    A burst of hiring in February underscored the resilience and confidence of U.S. businesses, which are adding workers at the fastest pace in 17 years. Yet the strong job gains did little to raise wages last month. U.S. employers added 295,000 jobs, the...

    Lauderhill considers banking program

     Lauderhill considers banking program
    Lauderhill, which has a sizable number of unbanked and underbanked households, is currently working on a program that will encourage people to depend on mainstream financial institutions, such as banks and credit unions. About 50 percent of the city's...

    Opponents of sale of OneWest seek investigation

    Opponents of sale of OneWest seek investigation
    A leading public advocacy group that had opposed the sale of Pasadena's OneWest Bank asked federal regulators for a formal investigation into what it called the bank's efforts to "buy community support" for the deal. The Greenlining Institute, in a...