| Mar 27, 2014
Letters to the editor from Lake Forest, Libertyville and Highland Park.
This is concerning raising the minimum wage.
An employer looks at a new law and considers what he has to do to comply with it. A raise for his workers of about...
| Mar 23, 2014
For-profit colleges that wildly exaggerate their graduates' success and talk prospective attendees into taking on extraordinary debt are not only harming their students but costing taxpayers billions of dollars on wasted Pell grants and defaulted...
| Mar 24, 2014
| 6:41 PM
The city-owned Hilton Baltimore spent nearly all of the $2.8 million it generated in hotel occupancy taxes — money the city gave it last year to help the struggling convention center hotel make its debt payments, officials said.
The hotel did...
| Mar 25, 2014
| 12:18 PM
A proposed draft of the 2014-15 Plainfield budget shows that revenues in the suburb are increasing.
At a committee-of-the-whole meeting on Monday, Traci Pleckham, director of management services, told trustees that revenues are projected to be near $47.2...
| Apr 2, 2014
| 10:52 AM
Five percent of Fannie Mae and Freddie Mac-backed single-family mortgages in Illinois, or 68,000 loans, were delinquent at the end of 2013, a sizable decline from last year but still higher than the national average.
One-third of those past-due home...
| Feb 10, 2014
Last October, in between arguments over the debt ceiling, the federal government somehow found time to send me an email. My student loan payment was 70 days past due, the message read, so the government had negatively reported me to each major credit...
| Mar 20, 2014
| 8:30 AM
Fixed mortgage rates fell early this week, with Freddie Mac reporting the average for 30-year loans dropped to 4.32% from 4.37% last week.
The McLean, Va., housing finance company said lenders were offering 15-year fixed home loans, a popular option for...
| Feb 6, 2014
| 8:08 AM
Weaker signals from the housing markets sent mortgage rates lower for the fifth week in a row, with Freddie Mac reporting that lenders were offering 30-year fixed home loans to solid borrowers at an average of 4.23%, down from 4.32% a week ago.
| Feb 26, 2014
| 11:29 AM
[Updated 1:45 p.m. PST Feb. 26: This post has been updated to include a response from ITT Educational Services and to reflect the closing stock price.]
In its first action against a company in the for-profit college industry, the federal Consumer...
| Jan 14, 2014
| 10:56 AM
Despite a sharp downturn in its market-leading mortgage business, Wells Fargo & Co. reported a 10% improvement in fourth-quarter earnings as loan losses declined and the San Francisco bank collected higher fees in other businesses.
Wells, which wrote...
| Jan 14, 2014
| 6:44 PM
NEW YORK — Massive legal payouts didn't just cost JPMorgan Chase & Co. billions last year. They also cost the Wall Street giant its title as America's most profitable bank.
After weathering a barrage of legal and regulatory assaults in 2013, the...