Illinois regulators closed Chicago-based Pulaski Savings Bank on Friday evening in the first bank failure of 2025.  The closure comes on the heels of last year’s predictions that “hundreds” of small lenders would collapse through 2026 under the pressure of higher interest rates. After the Illinois Department of Financial and Professional Regulation shuttered Pulaski, the

by News 3 Staff Fri, January 17th 2025 at 3:37 PM Inflation Reduction Act adds 15 drugs to ease Medicare Part D’s financial burden Las Vegas (KSNV) — U.S. Senator Jacky Rosen announced that 15 additional medications have been selected for Medicare drug pricing negotiations, aiming to reduce costs for seniors on Medicare Part D.

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of

2025 is set to bring some big changes to Social Security. Some of these are positive, such as the 2.8 million Americans who will receive larger benefits thanks to the passage of the Social Security Fairness Act. However, not all Social Security changes expected this year are something to smile about. The following two changes

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Speculative currency traders bolstered wagers for an even stronger US dollar in the leadup to President-elect Donald Trump’s return to the White House. Derivative traders held the equivalent of roughly $34.6 billion in total bets that stand to benefit from further gains in the dollar as of Jan. 14, a nearly $1 billion increase from

MOSCOW (Reuters) – Russia said on Friday that any placement of British military assets in Ukraine under a new 100-year partnership agreement between Kyiv and London would be of concern to Moscow. Kremlin spokesman Dmitry Peskov was asked about the possibility of Britain setting up military bases in Ukraine under the agreement announced on Thursday