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Banking & Finance

Wynnchurch Capital adds third foam company

Jan 8, 2021 3:12 PM - Following its recent purchase of Huntington Foam, Wynnchurch Capital LP this week announced its purchase of Insulation Corp. of America. Terms of the deal were not disclosed.
CoinFlip opens bitcoin ATM in Sugar Grove

Jan 5, 2021 2:58 PM - Chicago-based CoinFlip has further expanded in the suburbs with a new cryptocurrency ATM in Sugar Grove.
Wynnchurch Capital acquires Huntington Foam

Dec 29, 2020 12:02 PM - Rosemont-based Wynnchurch Capital L.P. said Tuesday it has acquired Huntington Foam LLC, a leading manufacturer of expanded polystyrene products headquartered in Greer, South Carolina.
Millennial Money: De-stress holiday debt with a payoff plan

By SEAN PYLES of NerdWallet
Dec 21, 2020 4:16 PM - In a holiday season that many of us will spend apart from loved ones, gift-giving might feel even more important than usual. After all, if you can't travel to see family, at least you can see them unwrap gifts over a video call, right? And just as many families will use a video service for holiday celebrations this year, many will also turn to credit cards to cover their expressions of love.
Holiday season exposes widening disparity among American families

Abha Bhattarai
Dec 20, 2020 6:25 AM - No Christmas gifts this year. It's a common refrain this year, especially among low-wage earners who've been disproportionately affected by job losses during the coronavirus recession. Meanwhile, many families -- particularly those with white-collar jobs that can be done remotely -- have seen their net worth rise during the pandemic.
Calibrate your emergency fund to a crisis-prone world

By HAL M. BUNDRICK of NerdWallet
Dec 20, 2020 6:12 AM - It took a pandemic to convince Americans to take saving money seriously. For years, Americans set aside 7%-8% of their income. In a knee-jerk reaction to COVID-19, people stashed cash at a historic level.
Liz Weston: Got life insurance? You may not have enough

By LIZ WESTON of NerdWallet
Dec 20, 2020 6:12 AM - You probably need life insurance if your death would cause financial hardship to someone else. If the only coverage you have is through your job, though, you may not have enough.
What's a debt-to-income ratio, and why you need a low one to buy a home

Michele Lerner
Dec 19, 2020 6:19 AM - When it comes to qualifying for a loan to buy a home or to refinance your mortgage, perhaps one of the most important numbers is your debt-to-income (DTI) ratio, which compares the minimum payments on all debt you must make each month with your gross monthly income.
How to give meaningfully, directly and fast

Farnoosh Torabi
Dec 19, 2020 6:20 AM - The end of the year is a popular time to give and be charitable. If you're interested in helping even just one person or family during this crisis, here are some strategies that work well and fast.
Your community bank may be your best business partner

By William V. Iaculla
Dec 15, 2020 9:29 AM - Whether you need advice on a new business venture, a business loan, or a better way to manage payments, your best bet for access to professional guidance, knowledgeable decision makers and financial resources may be your local community bank.

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