Millions of borrowers will have to begin repaying their federal student loans in October, as announced by the Department of Education. Live on WGN 9 News is our very own SGL President Steve Lewit breaking it all down for you. Here’s what was covered Live on WGN 9 News: What does this mean for people who haven’t made a payment in quite a while? It is reported that 1 in 5 will have challenges when trying to repay their loans, what […]

If Congress and President Joe Biden are unable to reach a deal on our nation’s debt limit, we could default by June 1st. To discuss the impact a default could have on your wallet, WGN asked SGL President Steve Lewit to join them live on the news last week. Here’s what Steve covered Live on WGN 9 News: What would happen if the government were to default on its debt? What kind of impact could this have on Social Security […]

Somewhat unsurprisingly, the Federal Reserve raised interest rates again last week in its continued effort to curb inflation. WGN News asked SGL President Steve Lewit to join Ray Cortopassi to discuss the economic impact of this most recent hike. Here’s what Steve covered Live on WGN 9 News: With the recent bank failures, what is the balance between raising rates and ensuring stability in the banking industry? What does this latest move mean for the average American? Will the stock […]

Last Friday, March 10th, we began hearing word of the failure of Silicon Valley Bank in northern California. WGN News asked SGL President, Steve Lewit to join them on a segment to review what happened with SVB and what it means for the banking industry as a whole. Here’s what Steve covered Live on WGN 9 News: The impact of two bank collapses and how it extends to Chicago. Is this a broader issue across the banking industry or is […]

We are seeing prompts to leave tips at more and more places these days. SGL Financial President and Co-Founder Steve Lewit was on WGN 9 News to share some advice on when and where you should consider tipping and how to not let it ruin your budget. Here’s what Steve covered Live on WGN 9 News: What should people do who feel like they are spending too much already and now everyone expects tips too? How has tipping culture changed […]

Interest rates are at the highest level they’ve been in 14 years. Steve Lewit, President of SGL Financial sat down with Ray Cortopassi of WGN 9 News to discuss what this means, how it is – or isn’t – impacting inflation, and what consumers should be doing going forward. Here’s what Steve covered Live on WGN 9 News: This is the 3rd consecutive jumbo hike, are we seeing any effect on inflation? With mortgage rates impacted, what should people who […]

WGN 9 News asked Steve Lewit to join them live to cover breaking news after President Joe Biden’s Student Loan Forgiveness Plan was announced. Here’s what Steve covered Live on WGN 9 News: Who qualifies and how the program is going to work What will the application process look like What the reaction he’s been hearing so far has been What will happen if you still have a balance after the forgiveness

Steve Lewit, SGL Financial’s Co-Founder and President, was back on the evening news with WGN! He’s talking all things back-to school-shopping with Ben Bradley and Lourdes Duarte. Here’s what Steve covered Live on WGN 9 News: Tips for back-to-school shopping without breaking the bank Ways to cut back on new items, or save a little extra at the store Illinois’ Sales Tax Holiday – August 5th — 14th What items qualify for the tax break?

WGN 9 News reached out to ask our very own Steve Lewit to join them and offer his financial expertise and insight into the stock market entering bear market territory and what that means for investors. Steve answered news anchor Ray Cortopassi’s important questions about the current state of the markets and the economy: When does the bear market become official? What is driving this? Is it inflation, the war in Ukraine, or a combination? What should investors be doing […]