May 02, 2024 Last Updated 12:09 PM EDT
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Karen Pierog; Editing by Richard Chang

Personal Finance

Chicago mayor mum on looming pension issues in budget address

Chicago Mayor Rahm Emanuel proposed a $8.9 billion election-year budget on Wednesday, keeping mum about looming pension challenges that could further damage the third-largest U.S. city's credit ratings and trigger payments associated with its debt.

Latest Stories

Can You Afford the American Dream? Homeownership Costs Skyrocket

According to real estate company Redfin, purchasing a home is more expensive than it has been in at least the past ten years. Homebuyers are faced with the twin whammy of rising mortgage rates and housing prices.

Simple Strategies to Maximize Your Investment Returns

Investors find it more enjoyable and fascinating to concentrate on their stock transactions or investing portfolio than on tax methods.

Inflation & Interest Hikes: Why Debt Relief Can Save You Money Now

By negotiating better interest rates or even lower principle sums with your lenders on your behalf, debt relief agencies may be able to assist.

Follow the Shiba? Dogecoin's Rise Sparks Interest in Wiener AI

Although Dogecoin's price dropped last month, historical evidence suggests that it may begin to rise to new all-time highs about seven months after Bitcoin's half-life.

Sneaky Airline Fees: How Advertised Prices Don't Tell the Whole Story

Travelers may confuse low advertised rates with inexpensive aircraft tickets since several airlines now offer "unbundled" pricing.

Must Read

Mined vs. Lab-Grown Diamonds: Picking the Right Choice for Your Wallet

For many years, the natural diamond business has been driven by an alluring marketing approach, but is the sustainability of contemporary lab-grown diamonds as evident as consumers think?

Can Small Businesses Survive Without TikTok?

As the TikTok ban approaches in the United States, millions of usersâ ncluding owners of small businesses are frantically trying to decide what to do.

Tech Stocks: How to Adjust Your Portfolio for Safety

There is "clearly a lot of froth" in the tech industry, according to the CEO of Norway's massive sovereign wealth fund, who hinted that the amount of froth may depend on this week's tech earnings bonanza.

Budget-Friendly Restaurants for Every Family Craving

According to the Department of Agriculture's 2024 Food Price Outlook report, costs for food consumed outside the home would rise by 4.1% this year.

Car Affordability Crisis Leaves Many Americans Stranded

Although car affordability has improved this year, prices are still much more than what the typical consumer can afford.

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