Keyword Search: Chicago
1 Article
Source: Common Domain

Get real about retirement: 8 common ways people fool themselves

Today 10:51 GMT

Get real: The stock market’s average annual return is about 10% over the last century, as measured by the S&P 500, a benchmark that includes the 500 largest publicly traded U.S. companies.

You might put faith in a get-rich-quick scheme, fantasize a windfall, or trick yourself into believing that saving will get easier later. Money for retirement won’t magically appear, although thinking it will can be comforting.

1 Article
Source: Common Domain

Sears Reshaped America, From Kenmore to Allstate

Today 13:36 GMT

Sears, which merged with rival Kmart in 2005, has struggled through seven years of losses and hundreds of store closures under its billionaire Chief Executive Edward Lampert.

In a last-ditch effort to keep Sears out of bankruptcy, Mr. Lampert earlier this year offered to buy the Kenmore brand for $400 million and proposed a broader restructuring of the company’s $5.5 billion debt load. “The business was eroding so quickly, it felt as if nothing we did could make a difference,” said a Sears executive who left in 2017.

1 Article
Source: Fox News

DOJ, Sessions announce Chicago will get additional law enforcement resources, filed opposition to consent decree

Saturday 18:10 GMT

Attorney General Jeff Sessions on Friday revealed that the Justice Department would be giving Chicago law enforcement additional resources to help combat crime and also filed a brief in opposition to a proposal to reform city policing practices.

“The Statement of Interest ‘asks the court not to enter the Proposed Consent Decree but, rather, to allow state and local officials – and Chicago’s brave front-line police officers – to engage in flexible and localized efforts to advance the goal of safe, effective, and constitutional policing in Chicago,” the news release said.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte