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Economy Rockford: Keeping Employees From Cutdowns

Posted: 04/28/2010 - As we all know many companies have taken drastic cost-cutting measures, like layoffs, in the tough economic environment and the local companies in the Rockford area are no exception.

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Economy Rockford: Credit Card Crackdown

Posted: 04/28/2010 - New legislation working through the U.S. Congress represents the largest crackdown on credit card companies in 30 years. Financial advisor and expert Brad Gummow tells us how the plan could protect cardholders.

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Economy Rockford: Is the Rally Real?

Posted: 04/28/2010 - The stock market has gained more than 35 percent in the last eight weeks, restoring optimism for many. Scott Laue, a financial advisor in the Stateline explains why he’s bullish on a big market return.

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Economy Rockford: Banking on Billions

Posted: 04/28/2010 - The federal government’s stress test results are in, and they show more than half of the largest U.S. Banks need billions of dollars. Brad Gummow, a local financial expert, explains what the results say about the strength of our banking system

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Economy Rockford: Mastering the Market

Posted: 04/28/2010 - With the instability in the markets right now, many of us are looking for advice on where to put our money and when. According to Scott Laue, a local financial expert, we can master the market by making a few simple moves.

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Economy Rockford: Retirement Options

Posted: 04/28/2010 - The average American worker has seen nearly 30 percent of their nest egg go down the drain in this financial crisis. So what are you options for retirement?

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Economy Rockford: The PayDay Loan Debate

Posted: 04/28/2010 - First it was the credit cards but now a growing number of people are heading to payday loan outlets in hopes of getting quick cash to help pay the bills. But can payday loans cause, or cure your financial crisis?

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Economy Rockford: Your Road to Retirement

Posted: 04/28/2010 - The average person has lost 30% of their retirement savings in the economic crisis. 23 News financial expert Brad Gummow gives us details on some things we should all do on the road to retirement.

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Economy Rockford: Looking at the Future of Social Security

Posted: 04/28/2010 - About 14% of Stateline seniors currently receive social security. But for the first time in more than 30 years there will be no increase in benefits this year. How will social security look for future generations?

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10:10 Economy: 401k Contribution Advice

Posted: 04/28/2010 - In an effort to conserve cash, more companies are re-assessing their matching contributions to workers' retirement plans. And a local financial expert has some words for the wise, especially if your match was slashed.

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Economy Rockford: The Road to Rebuilding Your Retirement Fund

Posted: 04/28/2010 - Over 80% of people under the age of 35 have a 401-K balance. That is higher today than it was two years ago during the height of the market. The problem is, the rest of us are not doing so well. A local expert details the road to repairing our retirement fund.

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10:10 Economy: The Housing Market

Posted: 04/28/2010 - A local real estate expert sees a lot of promising things on the horizon for the housing market, but the biggest issue is time.

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Economy Rockford: For Sale By Owner?

Posted: 04/28/2010 - The housing market is a tough place, and many homeowners have been watching their equity go out the door. When it comes to selling, many are trying to save money and do it themselves.

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Economy Rockford: Boosted Home Sales Do Not Equal Closure

Posted: 04/28/2010 - Record low interest rates are boosting pending home sales in the Rockford Area, but a signed contract is just the beginning of buying a new home. Why are so many local homebuyers having trouble getting to the closing?

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