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Federal Home Loan Bank of Chicago Announces Chairperson of the Board

CARLINVILLE —The Federal Home Loan Bank of Chicago (FHLBank Chicago) welcomes our newly elected Chairpersons of the Board for 2022-2023. James T. Ashworth has been elected Chairperson of the Board, along with Joseph Fazio III to serve as Vice Chairperson of the Board and Michelle L. Gross to serve as Vice Chairperson – Elect. Mr.…

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Should inflation affect your investment moves?

Keri Austwick As you know, inflation heated up in 2021, following years of pretty stable – and low – numbers. And now, early in 2022, we’re still seeing elevated prices. As a consumer, you may need to adjust your activities somewhat, but as an investor, how should you respond to inflation? First, it helps to…

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Millennial Money: How to have the wedding you want for less

SARA RATHNER NerdWallet This one goes out to all you lovebirds who got engaged over the holidays and are now left planning a wedding with zero event-planning experience. Somehow you’re expected to craft a day that’s traditional, yet modern. Well-attended, yet intimate. It’s about you as a couple, but also shouldn’t be offensive to any…

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Shkreli ordered to return $64M, is barred from drug industry

MICHAEL R. SISAK and JENNIFER PELTZ Associated Press NEW YORK (AP) — Martin Shkreli must return $64.6 million in profits he and his former company reaped from jacking up the price and monopolizing the market for a lifesaving drug, a federal judge ruled Friday while also barring the provocative, imprisoned ex-CEO from the pharmaceutical industry…

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Grand Theft Auto maker buys FarmVille company in $12.7B deal

MICHELLE CHAPMAN AP Business Writer Take-Two Interactive, maker of “Grand Theft Auto” and “Red Dead Redemption,” is buying Zynga, maker of “FarmVille” and “Words With Friends,” in a cash-and-stock deal valued at about $12.7 billion. The acquisition announced Monday would wed a powerhouse in console gaming, Take-Two, with a mobile gaming company with an almost…

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Kimberly Palmer: 5 steps to reach your money goals in 2022

KIMBERLY PALMER NerdWallet In addition to the new year bringing confetti and a fresh calendar, it’s a time to set big money goals for the next 12 months. That might mean finally paying off debt, buying a house or taking a long-delayed vacation. With inflation and economic uncertainty clouding 2022, shoring up your finances this…

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$29,000 for an average used car? Would-be buyers are aghast

TOM KRISHER AP Auto Writer DETROIT (AP) — A couple of months ago, a woman paid a visit to Jeff Schrier’s used car lot in Omaha, Nebraska. She was on a tight budget, she said, and was desperate for a vehicle to commute to work. She was shown three cars priced at her limit, roughly…

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What are your financial resolutions for 2022?

Keri Austwick As you know, 2021 was full of challenges. We were still feeling the effects of the COVID-19 pandemic when supply chains shut down and inflation heated up. So, if you’re like many people, you might not be sorry to see the year come to a close. But now it’s time to look ahead…

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The Property Line: Don’t be misled by myths about iBuyers

HOLDEN LEWIS NerdWallet IBuyers are one of the few true innovations to hit the real estate industry in recent years. Yet consumers haven’t fully embraced them because of misconceptions about how iBuyers work, and what types of problems they resolve for sellers and buyers. An iBuyer (for “instant buyer”) is a company that uses technology…

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Stocks soar, IPO’s explode, crypto goes wild

Wall Street delivered another strong year for investors in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits. As of Dec. 22, the S&P 500 had risen 25%, its third-straight annual increase. Along the way, the benchmark index set 67 all-time highs. The market weathered…

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