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Financial News

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corn

Business News

U.S.-Mexico GM corn dispute to be resolved in 2024

WASHINGTON -- The U.S. and Mexico trade dispute over the Latin American country’s plans to restrict imports of genetically modified corn is expected to be resolved this year. Chief agricultural negotiator Doug McKalip, with the Office of the United States Trade Representative (USTR), told attendees of the National Association of State Departments of Agriculture’s Winter Policy Conference Feb. 7 that the panel is in place and arguments have been scheduled for later in 2024 in the U.S.-Mexico-Canada Agreement (USMCA) trade […]

todayFebruary 14, 2024 13

First Bank PBT

Business & Lifestyle

First Bank to merge with PBT

PANA/ARCOLA --  John Gardner, President and CEO of Peoples Bank and Trust (PBT or Peoples), headquartered in Pana and Dale Boyer, President and CEO of First Bank, headquartered in Arcola, are pleased to announce an agreement to merge First Bank with Peoples Bank and Trust. The bank resulting from the merger will be Peoples Bank and Trust. The agreement is subject to regulatory approval and is expected to close in late spring or early summer.  "I’m excited to bring Peoples […]

todayJanuary 9, 2024 27

financial retirement

Financial News

Navigate a financially comfortable retirement

One common question that’s being asked today, specifically to the Millennial and Gen Z crowd, is, “Why aren’t you saving for retirement?” Depending on your financial situation and your experience, you might understand why some are, and the same goes for why some aren’t. Not everyone can put back a huge chunk of money for the future. Others have the belief that why bother since they’ll be too old or too sick to do fun and wild adventures during retirement.  Honestly, […]

todayDecember 26, 2023 7

money finance investing

Business News

Money investment issues you aren’t told about

Wherever money is involved, it could be argued that issues will develop over time. And none more so than modern investment and the many sectors that it touches. Economic woes notwithstanding, there are more issues at the heart of the investment sector, some of which are rather dangerous. These include, but are not limited to, harm to developing nations and poor cybersecurity. Charities, non-governmental organizations, and private firms alike are pouring money into development projects all over the world. Yet […]

todayOctober 16, 2023 8

Illinois gas Missouri

Business News

Despite war in Israel, gas prices keep falling

WASHINGTON -- Domestic gas pump prices kept up their daily decline despite the uncertainty in the oil market in the days since Hamas terrorists attacked Israel, according to AAA. Oil prices rose a few dollars per barrel, but that is far from the roughly $40 per barrel temporary spike following last year’s Russian invasion of Ukraine. The critical difference is that Russia is a significant oil producer, while Israel and the Palestinian territories are not. The national average for a gallon […]

todayOctober 12, 2023 22

Illinois gas Missouri

Business News

Gas prices dropping in Missouri

Prices still relatively high

(Missourinet) -- Gas prices in Missouri are heading in the right direction, according to AAA Missouri. The average price for regular-unleaded in the Show-Me State is $3.58 a gallon – that’s nine cents a gallon lower than it was a week ago. But $3.58 is still higher than Missouri’s average price a month ago, $3.51 a gallon, and higher than it was a year ago, $3.36 a gallon. Missouri’s average price is still lower than the national average of $3.83 […]

todaySeptember 27, 2023 15

business money investments summer spending

Financial News

FFF: Talking about money with your college student

Having a college student of my own, I can relate to this important article about money by Kathy Sweedler with Illinois Extension. Student loans, rental agreements, car purchases, employment contracts plus day-to-day spending – all in the life of a college student! Between the ages of 18 to 25 years old, people go from spending money on fun to significant financial decisions that can affect them for many years. Launching young adults includes helping them develop healthy financial behaviors. What […]

todaySeptember 3, 2023 6

business money investments summer spending

Financial News

FFF: Summer seasonal spending

I would like to share this great article by Extension Educator Jamie Mahlandt about seasonal spending – especially summer. Acknowledging seasonal and occasional expenses is an important part of your spending plan or budget. Tracking these expenses allows you to plan ahead in case you need to save up. Vacations, kids’ summer camps and daycare, and property taxes may be some seasonally occurring expenses that bust your budget if you are not prepared. Planning for these important expenses throughout the […]

todayAugust 28, 2023 121

LLCU

Business News

LLCU completes purchase of Colchester State Bank

DECATUR -- Another bank in Central Illinois is now part of the Land of Lincoln Credit Union (LLCU) family. LLCU announced Friday its completion of the purchase and assumption transaction with Colchester State Bank in McDonough County. Through this transaction, LLCU has acquired all assets and liabilities of Colchester State Bank. The completion of this acquisition now results in LLCU's footprint expanding to a total of 14 branches. The initial deal was brokered and signed in December 2022. "We look […]

todayJuly 23, 2023 14

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