A finance chief in Joliet who handled public money for years got caught using it for personal trips, shows, and even sports games instead of running the park district’s budget. The man worked as the top financial officer from 2013 to 2019, earning over $100, 000 each year before his own office notic
A downtown music spot called Empire Control Room faced an unusual problem this month. The building owner locked one half of it because rent hadn’t been paid. The landlord’s team left a note saying the gate would stay bolted until every dollar of back rent showed up. Two different letters appeared on
The town of Southwick has taken big steps to tighten its own spending, cutting budgets by 5% last year and another 10% this year. But even with those reductions, the school district’s costs keep climbing, forcing officials to ask for more savings. The Select Board approved a letter asking the region
Financial knowledge is more than a buzzword; it shapes the way people work, buy and invest. In Baltimore, where many families face economic challenges, a lack of money‑management skills can lock students out of higher education and stable jobs. Only about half of Maryland adults feel confident ha
Two major oilfield service companies recently saw their stock ratings lowered by a big financial firm. NOV and Trican Well Services now face a "Sector Perform" rating instead of the previous "Outperform. " This change suggests experts believe these companies might struggle in the near future. The do
Every year, over a million Americans get a concussion, often from small accidents like slipping on ice or bumping heads during playtime. Yet when these injuries cause long-term damage, many victims struggle because government support for brain injury research vanished years ago. Experts warn that wi
The World Bank is preparing to release up to $100 billion over the next fifteen months to help countries affected by the war in the Middle East. This amount could exceed the $70 billion it provided during the COVID-19 pandemic. Ajay Banga, the bank’s president, shared these plans during discussions
Bank of America is about to release its first-quarter earnings, and the numbers look strong. Analysts predict revenue will hit nearly $29. 8 billion, a jump from last year's $27. 5 billion. This follows a pattern—Bank of America has beaten revenue estimates in eight of the last ten quarters. Earning
Adams Street Partners just pulled in $7. 5 billion for its third private credit fund, proving that big money still trusts this niche even when markets wobble. Unlike traditional bank loans, private credit skips public markets entirely, offering loans directly to companies—usually in the middle of th
A 17‑year‑old from Oakton High has turned a boring topic into a game. He created MoneyQuest, an online quiz adventure that looks like a space mission and lets players earn points while learning how to budget, save, and spend wisely. The app was launched on April 1 so it would start with Financial Li
