Category: Economy

Cook County Pastors from the south and west sides and suburbs urge property tax reform

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Cook County Pastors from the south and west sides and suburbs urge property tax reform

Cook County Pastors from the south and west sides and suburbs urge property tax reform Chicago, IL — A coalition of African American Pastors representing more than 100 churches on Chicago’s South and West sides and suburbs called for immediate reforms in the property tax system, warning recent tax hikes will force thousands to lose…

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Cook County, Economy, elections, Government, News, NewsWire, Politics, Suburban Chicagoland, Taxes

WalletHub releases Credit Card Debt study, shows $16 billion increase

Posted on By Ray Hanania No Comments on WalletHub releases Credit Card Debt study, shows $16 billion increase
WalletHub releases Credit Card Debt study, shows $16 billion increase

WalletHub releases Credit Card Debt study, shows $16 billion increase The Federal Reserve released its latest Consumer Credit report today at 3 p.m. WalletHub’s inflation-adjusted analysis of the data reveals that consumers added $16 billion in credit card debt during the third quarter of 2025. Key highlights from WalletHub’s new Credit Card Debt Study are…

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Economy, National, News

Illinois sees 7th highest rise in total household debt, ranks 29th in debt rise

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Illinois sees 7th highest rise in total household debt, ranks 29th in debt rise

Illinois sees 7th highest in total household debt, ranks 29th in debt rise With household debt reaching $18.59 trillion in Q3 2025, the personal-finance company WalletHub today released its rankings of the States With the Largest & Smallest Debt Increases, based on new data from TransUnion and the Federal Reserve, to highlight where people may…

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Economy, Illinois Legislature, National, News, NewsWire

Illinois State Treasurer Michael Frerichs Announces $50 Million Loan Program to Help Federal Workers During Shutdown

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Illinois State Treasurer Michael Frerichs Announces $50 Million Loan Program to Help Federal Workers During Shutdown

Illinois State Treasurer Michael Frerichs Announces $50 Million Loan Program to Help Federal Workers During Shutdown Estimated 153,000 Federal Workers in Illinois to be impacted by government shutdown Illinois State Treasurer Michael Frerichs is committing $50 million to fund zero-interest and low-interest loans to unpaid federal workers during the government shutdown. The loans will be…

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Economy, Federal, Government, Illinois Legislature, News, NewsWire, Politics

Hastings announces legislation to ensure fair homeowners insurance rates for Illinois families

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Hastings announces legislation to ensure fair homeowners insurance rates for Illinois families

Hastings announces legislation to ensure fair homeowners insurance rates for Illinois families State Senator Michael E. Hastings was joined at a press conference Wednesday by Senators Willie Preston, Paul Faraci, Meg Loughran Cappel, Christopher Belt, and Doris Turner to announce new legislation designed to protect homeowners from excessive insurance rate increases and ensure fairness, transparency,…

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Business, Economy, Government, Illinois Legislature, Insurance, Michael Hastings, News, NewsWire, Senator Michael Hastings

Hastings calls for bipartisan action to protect Illinois families from SNAP benefit shutdown

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Hastings calls for bipartisan action to protect Illinois families from SNAP benefit shutdown

Hastings calls for bipartisan action to protect Illinois families from SNAP benefit shutdown FRANKFORT — State Senator Michael E. Hastings is urging federal lawmakers to resolve the ongoing government shutdown to prevent the cessation of Supplemental Nutrition Assistance Program, or SNAP, benefits, come Nov. 1. Nearly two million Illinois residents rely on SNAP to provide…

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Baby Boomers, Economy, food, Government, Illinois Legislature, Michael Hastings, News, Senator Michael Hastings, Suburban Chicagoland

WalletHub releases new Credit Card Debt study

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WalletHub releases new Credit Card Debt study

WalletHub releases new Credit Card Debt study WalletHub’s new Credit Card Debt Study released its latest study looking at Credit Card debt, showing it is below the record high. The results of WalletHub’s new Fed Rate Survey, along with projections for how a September prime rate drop could affect our wallets, are listed here. Credit…

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Economy, News

Cook County Commissioner Frank Aguilar Hosts Discussion on 16th District Infrastructure Funding

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Cook County Commissioner Frank Aguilar Hosts Discussion on 16th District Infrastructure Funding

Cook County Commissioner Frank Aguilar Hosts Discussion on 16th District Infrastructure Funding On Thursday, September 4th, Cook County Commissioner Frank J. Aguilar hosted a Facebook Live Virtual Town Hall to discuss infrastructure investment and funding in Cook County’s 16th District. Joining Commissioner Aguilar was Cook County’s Department of Transportation and Highways (DOTH) Superintendent Jennifer “Sis”…

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Cook County, Economy, Government, News, NewsWire, Suburban Chicagoland

State GOP Chair Salvi applauds Trump’s “Big, Beautiful Bill”

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State GOP Chair Salvi applauds Trump’s “Big, Beautiful Bill”

State GOP Chair Salvi applauds Trump’s “Big, Beautiful Bill” President Trump’s “Big, Beautiful Bill” passed the House of Representatives with the unwavering support of Illinois Republicans. A big thank you to Congressman Darin LaHood, Congressman Mike Bost, and Congresswoman Mary Miller for their leadership. This landmark legislation locks in key provisions of the Tax Cuts…

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Democrat, Economy, Government, Illinois Legislature, News, NewsWire, Republican, Taxes

Lisa Hernandez Responds to Governor’s State of the State: Cost of Living is My Top Priority 

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Lisa Hernandez Responds to Governor’s State of the State: Cost of Living is My Top Priority  SPRINGFIELD, Ill. – State Rep. Lisa Hernandez, D-Cicero, outlined her strong commitment to cutting the cost of living for everyday Illinoisans in her response to Governor Pritzker’s State of the State and Budget Address.  “While we again face a…

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Economy, Government, Illinois Legislature, News

Serafin Power Poll shows anxiety over state economy, the issue that drove presidential election

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Serafin Power Poll shows anxiety over state economy, the issue that drove presidential election

Serafin Power Poll shows anxiety over state economy, the issue that drove presidential election Monthly “Serafin Power Poll” puts finger on the issues driving elections, politics and public perceptions. Latest polls shows it was and is the economy, but how do influencers feel about it all. By Ray Hanania Political guru and veteran media consultant…

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Chicago, Cook County, Economy, Features, National, News, Politics

State Comptroller Susana Mendoza takes tough action against Orland Park over unfiled audits

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State Comptroller Susana Mendoza takes tough action against Orland Park over unfiled audits

State Comptroller Susana Mendoza takes tough action against Orland Park over unfiled audits Comptroller Mendoza Suspends Payments to the Village of Orland Park for Failure to File Documents. The move aims to motivate Orland Park’s administration to follow the law without penalizing town residents By Ray Hanania Illinois Comptroller Susana Mendoza took tough action on…

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Economy, Government, News, Orland Park, rayhanania, Suburban Chicagoland, Taxes

Congressional District 6 Challenger Niki Conforti, denounces Sean Casten for helping to drive prices higher

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Congressional District 6 Challenger Niki Conforti, denounces Sean Casten for helping to drive prices higher

Congressional District 6 challenger Niki Conforti, denounces Sean Casten for helping to drive prices higher Last week’s inflation report brought more bad news for all Americans, 6th District Candidate for Congress Niki Conforti said Monday, August 19, 2024.  Prices continued to increase in July and went up again, close to 3% over a year ago….

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Economy, elections, Government, News, Politics, Suburban Chicagoland

Citizens Against Government Waste Names Sen. Dick Durbin November 2023 Porker of the Month

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Citizens Against Government Waste Names Sen. Dick Durbin November 2023 Porker of the Month

Citizens Against Government Waste Names Sen. Dick Durbin November 2023 Porker of the Month Citizens Against Government Waste (CAGW) named on Thursday Nov. 16, 2023 U.S. Sen. Dick Durbin (D-Ill.) its November 2023 Porker of the Month for trying to take away everyone’s credit card benefits. In 2010, Sen. Durbin led the effort to pass…

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Economy, Federal, Government, National, News, NewsWire, Politics, Taxes

US Foreclosure activity shows continued rise in Third Quarter, approaching levels seen before pandemic

Posted on By Ray Hanania 5 Comments on US Foreclosure activity shows continued rise in Third Quarter, approaching levels seen before pandemic
US Foreclosure activity shows continued rise in Third Quarter, approaching levels seen before pandemic

US Foreclosure activity shows continued rise in Third Quarter, approaching levels seen before pandemic Highest Foreclosure Rates in New Jersey, South Carolina, and Delaware; Average Time to Foreclose Nationwide Hit Pre-Pandemic Levels ATTOM, a leading curator of land, property, and real estate data, released its Q3 2023 U.S. Foreclosure Market Report, which shows there were a total of 124,539 U.S. properties…

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Chicago, Cook County, Economy, National, News, NewsWire