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 NEWS: CHICAGO TRIBUNE BUSINESS NEWS
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   NEWS: CHICAGO TRIBUNE BUSINESS NEWS
Chicago Tribune Business News
May 17, 2025

Chicago housing nonprofit providing rental subsidies for very low-income renters facing a $10M budget shortfall
The Chicago Low-Income Housing Trust Fund is in charge of funding and administering over 3,000 rental subsidies for individuals and families to use in the private market.

Chicago Tribune Business News
May 16, 2025

Moody's strips U.S. government of top credit rating, citing Washington's failure to rein in debt
Moody's Ratings stripped the U.S. government of its top credit rating Friday, citing successive governments' failure to stop a rising tide of debt.

Chicago Tribune Business News
May 16, 2025

Fortnite says it's offline on Apple's iOS around the world
Fortnite says it's now unavailable on Apple's iOS globally because the tech giant blocked a bid to rerelease the popular video game for iPhone users in the U.S. and Europe — marking the latest twist in a yearslong feud.

Chicago Tribune Business News
May 16, 2025

What to know about the Chicago Bears' possible move to Arlington Heights — or a domed stadium on the lakefront
What to know about the Chicago Bears' possible move from Soldier Field, including a new domed lakefront stadium or move to Arlington Heights.

Chicago Tribune Business News
May 16, 2025

Chicago Bears shifting their stadium focus to Arlington Heights
The Chicago Bears have flirted with leaving Chicago and building a stadium in Arlington Heights for more than 50 years.

Chicago Tribune Business News
May 16, 2025

Pope Leo XIV's boyhood home in Dolton is up for auction
The owner of Pope Leo XIV's boyhood home in Dolton has put it up for auction in June, with a minimum asking price of $250,000.

Chicago Tribune Business News
May 16, 2025

Hundreds of thousands of Illinois residents could lose Medicaid coverage under House Republican proposals
House Republicans have been talking for months about potentially slashing Medicaid, but this week they unveiled, for the first time, language of a bill outlining exactly how they plan to do that.

Chicago Tribune Business News
May 15, 2025

These retailers have announced higher prices amid President Trump's tariffs
Companies that buy products made abroad pay the tariffs imposed on them — and, as a result, face higher costs that are typically passed on to consumers

Chicago Tribune Business News
May 15, 2025

Plan Commission approves luxury townhomes for riverfront site, and some worry it could endanger manufacturing jobs
Some community members worry that planting 35 townhomes on the vacant site, once zoned for manufacturing, could push out the neighborhood's remaining manufacturers and the jobs they provide.

Chicago Tribune Business News
May 15, 2025

Chicago saw a boost in tourism last year. Will the pope be a blessing in 2025?
With a lift from major events, Chicago welcomed 55.3 million visitors last year, up 6.5% over 2023 and setting a post-pandemic high.

Chicago Tribune Business News
May 15, 2025

Egg prices drop, but the cost of beef hits record high. Here's how everyday costs are changing under Trump.
The Tribune is tracking 11 everyday costs for Americans — eggs, milk, bread, bananas, oranges, tomatoes, chicken, ground beef, gasoline, electricity and natural gas — and how they are changing, or not, under the second Trump administration. This tracker is updated monthly using CPI data from the U.S. Bureau of Labor Statistics.

Chicago Tribune Business News
May 15, 2025

Egg prices finally dropped, but the cost of beef hit a record high last month. Here's how everyday prices are changing under Trump.
The Tribune is tracking 11 everyday costs for Americans — eggs, milk, bread, bananas, oranges, tomatoes, chicken, ground beef, gasoline, electricity and natural gas — and how they are changing, or not, under the second Trump administration. This tracker is updated monthly using CPI data from the U.S. Bureau of Labor Statistics.

Chicago Tribune Business News
May 15, 2025

Egg prices finally dropped, but the cost of beef just hit record highs. Here's how everyday prices are changing under Trump.
The Tribune is tracking 11 everyday costs for Americans — eggs, milk, bread, bananas, oranges, tomatoes, chicken, ground beef, gasoline, electricity and natural gas — and how they are changing, or not, under the second Trump administration. This tracker is updated monthly using CPI data from the U.S. Bureau of Labor Statistics.

Chicago Tribune Business News
May 15, 2025

Will County Board rejects solar facilities in near New Lenox, Wilmington
The Will County Board voted 16-5 vote to reject a solar facility in New Lenox Township opposed by New Lenox village officials.

Chicago Tribune Business News
May 15, 2025

Will County Board rejects solar facilities near New Lenox, Wilmington
The Will County Board voted 16-5 vote to reject a solar facility in New Lenox Township opposed by New Lenox village officials.

Chicago Tribune Business News
May 15, 2025

Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billion
Dick's Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company this year as business leaders struggle with U.S. President Donald Trump's threatened tariffs.

Chicago Tribune Business News
May 15, 2025

Northbrook home once owned by former Chicago Bears player Jim McMahon to be listed for nearly $6M
The now-retired McMahon, who is 65 and lives in Florida, owned the mansion from the time it was built in 1988 until selling it in 2009.

Chicago Tribune Business News
May 15, 2025

Northbrook home once owned by former Chicago Bears player Jim McMahon to be listed for sale
The now-retired McMahon, who is 65 and lives in Florida, owned the mansion from the time it was built in 1988 until selling it in 2009.

Chicago Tribune Business News
May 15, 2025

Denver airport air traffic control went out for 6 minutes on Monday, report says
Pilots flying into Denver International Airport on Monday couldn't communicate with air traffic controllers for about six minutes after multiple radio transmitters failed, according to reporting from Denver7.

Chicago Tribune Business News
May 15, 2025

The Hand & The Eye will be a new, $50 million magic theater off Magnificent Mile
Chicago healthcare entrepreneur Glen Tullman is opening a new magic theater in the historic McCormick Mansion called The Hand & The Eye.

Chicago Tribune Business News
May 15, 2025

Homer Glen board votes to ban nitrous oxide to prevent recreational use
Homer Glen Village Board bans nitrous oxide sales after learning people buy it in tobacco and vape stores for recreational drug use.

Chicago Tribune Business News
May 15, 2025

A rare warning from Walmart during a US trade war: Higher prices are inevitable
Walmart, which became the nation's largest retailer by making low prices a priority, has found itself in a place it's rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.

Chicago Tribune Business News
May 15, 2025

Walmart says it will raise prices due to tariff costs after posting solid first quarter sales
Walmart's first-quarter profit slipped, and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.

Chicago Tribune Business News
May 15, 2025

Streeterville 5-bedroom home with quartz counters: $3.5M
Address: 180 E. Pearson St., No. 7004, Chicago Price: $3,497,747 Listed: March 26, 2025 This five-bedroom, four-and-a-half bath home on the 70th floor of the Residences at Water Tower is a corner unit that was recently rebuilt and offers citywide panorama views through oversized windows. The open format living and dining areas include a foyer, […]

Chicago Tribune Business News
May 15, 2025

Census 2024 population estimates for the Chicago area: Did your city, town or village gain or lose residents?
Census estimates show Chicago retained its position as the nation's third most populous city, after New York and Los Angeles, in 2024.

Chicago Tribune Business News
May 15, 2025

Chicago posts 7th largest population increase in nation, part of a growth spurt that also lifted many suburbs
Chicago added 22,164 residents between mid-2023 and mid-2024, new estimates from the U.S. Census show.

Chicago Tribune Business News
May 14, 2025

Chicago residential developer now negotiating to buy the entire Lincoln Yards site, which is still mostly empty
The move would end Sterling Bay's decade-long effort to transform the former industrial land, now mostly vacant, into a glittering, $6 billion mixed-use community.

Chicago Tribune Business News
May 14, 2025

More than 1,000 Starbucks baristas go on strike to protest new dress code
More than 1,000 Starbucks baristas at 75 U.S. stores have gone on strike since Sunday to protest a new company dress code, a union representing the coffee giant's workers said Wednesday.

Chicago Tribune Business News
May 14, 2025

Bally's Chicago gets green light from Illinois Gaming Board to resume construction
Building of the casino was stopped over an unauthorized waste hauler previously alleged to have had ties to organized crime.

Chicago Tribune Business News
May 14, 2025

Pioneering Chicago music streaming service AccuRadio files for Chapter 11 bankruptcy
AccuRadio, which launched its free music streaming service in 2000, has filed for Chapter 11 bankruptcy protection amid an ongoing legal dispute over artist royalty payments.

Chicago Tribune Business News
May 14, 2025

3 CTA board members join calls for nationwide search for new leader
17th Ward Ald. David Moore defended Johnson's rumored pick for CTA president and told board members not to be a "backbiting snake."

Chicago Tribune Business News
May 14, 2025

Hotline between military and air traffic controllers in Washington hasn't worked for over 3 years
A hotline between military and civilian air traffic controllers in Washington, D.C., that hasn't worked for more than three years may have contributed to another near miss shortly after the U.S. Army resumed flying helicopters in the area for the first time since January's deadly midair collision between a passenger jet and a Black Hawk helicopter, Sen. Ted Cruz said at a hearing Wednesday.

Chicago Tribune Business News
May 14, 2025

Some Michigan tourism spots worry about Trump tariff toll on summer travel
The impact of tariffs amid a trade war is already showing up in travel from Canada to Michigan. The number of people crossing into the Great Lakes State from Canada fell 11% in February and March.

Chicago Tribune Business News
May 14, 2025

Union Township residents show up in force to protest data centers proposed for rural community
Over 1,000 Union Township residents, many in orange T-shirts, opposed two data centers proposed for Wheeler during a town hall Tuesday.

Chicago Tribune Business News
May 14, 2025

Neighbors mixed on proposed Evanston tower that would rival suburbs' tallest buildings
Neighbors to a proposed 31-story building had mixed messages in their support or opposition to Evanston's proposed tallest building.

Chicago Tribune Business News
May 14, 2025

Newark problems and recent crashes put focus on air traffic controller shortage and aging equipment
The recent chronic delays and cancellations at New Jersey's largest airport have highlighted the shortage of air traffic controllers and the aging equipment they use, which President Donald Trump's administration wants to replace.

Chicago Tribune Business News
May 13, 2025

City commission approves $67 million in TIF funds for massive Central Loop renovation
The funds will help its development team transform dozens of vacant floors into hundreds of new apartments, including 121 reserved as affordable.

Chicago Tribune Business News
May 13, 2025

Canadian electric minibus manufacturer to build first US plant in Peoria
As Lion Electric faces liquidation and the auction of its shuttered Joliet electric bus factory, the state has  announced another Canadian EV bus manufacturer will be opening a plant in Peoria.

Chicago Tribune Business News
May 13, 2025

Canadian electric minibus manufacturer to open its first US plant in Peoria
As Lion Electric faces liquidation and the auction of its shuttered Joliet electric bus factory, the state has  announced another Canadian EV bus manufacturer will be opening a plant in Peoria.

Chicago Tribune Business News
May 13, 2025

Microsoft to lay off about 3% of its workforce
Microsoft began laying off nearly 3% of its entire workforce Tuesday, its largest mass layoff in more than two years.

Chicago Tribune Business News
May 13, 2025

US egg prices fall for the first time in months but remain near record highs
U.S. retail egg prices fell in April from the record-high prices they hit earlier this year, according to government data released Tuesday.

Chicago Tribune Business News
May 13, 2025

UnitedHealth Group CEO steps down as company lowers, then withdraws financial outlook for 2025
UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation's largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs.

Chicago Tribune Business News
May 13, 2025

Wells Fargo opening two more bank branches as part of Chicago expansion
Bucking national banking trends, California-based Wells Fargo is cutting the ribbon on two new Chicago branches this week as it continues to aggressively expand its retail footprint in the city and suburbs.

Chicago Tribune Business News
May 13, 2025

Wells Fargo opens two more bank branches as part of Chicago expansion
Bucking national banking trends, California-based Wells Fargo is cutting the ribbon on two new Chicago branches this week as it continues to aggressively expand its retail footprint in the city and suburbs.

Chicago Tribune Business News
May 13, 2025

Wall Street dips as euphoria over China-US trade truce fades and new inflation data arrives
Wall Street is on track to open with losses Tuesday as the initial euphoria over the 90-day truce in the U.S.-China trade war faded and markets turned their attention to corporate earnings and new inflation data.

Chicago Tribune Business News
May 13, 2025

Inflation cooled again last month as grocery and gas prices fell, few signs of tariff impact yet
Inflation cooled for the third straight month in April even after some of President Donald Trump's tariffs took effect, though economists and many business owners expect inflation will climb in the coming months.

Chicago Tribune Business News
May 13, 2025

Antique, resale shops claim a holiday of their own with Vintage Store Day
Over 700 stores across the country have agreed to participate in Vintage Store Day on May 17 with special giveaways and sales.

Chicago Tribune Business News
May 13, 2025

As Johnson administration touts ‘Cut the Tape,' affordable housing developers want faster progress
Affordable housing professionals say they are happy conversations are happening but are still waiting to see if the Johnson administration follows through on its promises.

Chicago Tribune Business News
May 13, 2025

It can be difficult to find therapists who take health insurance in Illinois. Lawmakers are considering a bill to change that.
A number of therapists have stopped accepting private insurance, saying health insurers don't reimburse them enough money for their services and force them to jump through too many hoops.

Chicago Tribune Business News
May 13, 2025

Evanston 5-bedroom home steps from lakefront: $2.5M
Address: 938 Edgemere Court, Evanston Price: $2,450,000 Listed: April 24, 2025 Listing agent: Marty Winefield, 773-251-6860, Dream Town Real Estate This five-bedroom, four-and-a-half bath home in Evanston has arched doorways, hardwood floors and tray ceilings. A foyer leads to a living room with east-facing windows and a gas fireplace with a custom marble mantle. In […]

Chicago Tribune Business News
May 12, 2025

Swath of Lincoln Yards site, still mostly empty 6 years after winning City Council approval, could be sold
JDL Development is assessing the feasibility of buying the 53-acre site's northern half, which developer Sterling Bay surrendered to lender Bank OZK.

Chicago Tribune Business News
May 12, 2025

Mundelein home to latest example of evolving cannabis industry; ‘If moms are using it, it's legitimate'
Richard Miller, an emeritus professor at the Northwestern University Feinberg School of Medicine, said perceptions related to marijuana have changed throughout history.

Chicago Tribune Business News
May 12, 2025

As Biden-era ‘junk fee' rule takes effect, Ticketmaster says it will display fees more clearly
As a Biden administration ban on so-called "junk fees" took effect Monday, Ticketmaster said it would start displaying the full price of a ticket as soon as consumers begin shopping.

Chicago Tribune Business News
May 12, 2025

McDonald's plans to hire 375,000 U.S. workers this summer
McDonald's said Monday it plans to hire up to 375,000 U.S. restaurant employees this summer, its biggest hiring push in years.

Chicago Tribune Business News
May 12, 2025

Software update keeps Newark airport radar online but network concerns and flight limits remain
A new software update prevented a third radar outage in the last two weeks at New Jersey's busy Newark airport when a telecommunications line failed again over the weekend, Transportation Secretary Sean Duffy said Monday.

Chicago Tribune Business News
May 12, 2025

Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war
U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. Each of the world's two largest economies agreed to take down temporarily most of its tariffs against the other, which economists had warned could start a recession and create shortages on U.S. store shelves.

Chicago Tribune Business News
May 12, 2025

River Forest man's ‘second act' brings fitness programs to people with special needs
Mike Bevan, of River Forest launched Special Strong of Western Chicagoland, which brings adaptive fitness programs to area gyms.

Chicago Tribune Business News
May 12, 2025

Waukegan's temporary casino hits revenue milestone; permanent facility plans moving ‘full steam ahead'
American Place continues to draw customers from northern Illinois, southern Wisconsin and elsewhere in Chicagoland.

Chicago Tribune Business News
May 12, 2025

Column: Job outlook dims for class of 2025, but upcoming graduates can improve prospects
The class of 2025 can improve its prospects by focusing on articulating skill sets to employers and being flexible, experts say.

Chicago Tribune Business News
May 12, 2025

Former White Sox shortstop Tim Anderson sells Flossmoor home to local school superintendent for $855,000
Anderson had been one of the few Sox players in recent years to own a Chicago-area home.

Chicago Tribune Business News
May 12, 2025

Gov. Gavin Newsom calls on California cities to effectively ban homeless encampments
As frustration intensifies over street homelessness, Gov. Gavin Newsom is urging local governments across California to effectively ban public camping and move faster to close dangerous encampments.

Chicago Tribune Business News
May 12, 2025

Urbana-based Carle Health to lay off 612 workers as it winds down its insurance companies
Carle Health is laying off 612 workers as it winds down two of its subsidiary health insurance companies, Health Alliance and FirstCarolinaCare.

Chicago Tribune Business News
May 12, 2025

Futures on Wall Street soar after China and US agree to pause most of their sharp tariff increases
U.S. futures surged Monday after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump began escalating his trade war.

Chicago Tribune Business News
May 12, 2025

Dow jumps 950 and S&P 500 climbs 2.6% following a 90-day truce in the US-China trade war
U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. Each of the world's two largest economies agreed to take down temporarily most of its tariffs against the other, which economists had warned could start a recession and create shortages on U.S. store shelves.

Chicago Tribune Business News
May 12, 2025

US and China reach a deal to slash sky-high tariffs for now, with a 90-day pause
The United States and China agreed Monday to slash their massive recent tariffs, restarting stalled trade between the world's two biggest economies and setting off a rally in global financial markets.

Chicago Tribune Business News
May 12, 2025

US and China take a step back from sky-high tariffs, agree to pause for 90 days
U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war.

Chicago Tribune Business News
May 11, 2025

US makes ‘substantial progress' in China tariff talks, Treasury Secretary Scott Bessent says
U.S. negotiators said Sunday that "substantial progress" was made and "perhaps the differences weren't so large" after two days of negotiations with a high-ranking Chinese delegation on ways to ease a trade war sparked by President Donald Trump's steep tariffs.

Chicago Tribune Business News
May 11, 2025

Featuring Black-owned and wellness businesses, the Aux opens in Evanston
Featuring Black-owned and wellness businesses such as doulas and a laundry/cafe, The Aux business hub opened in Evanston.

Chicago Tribune Business News
May 11, 2025

Another issue disrupts Newark's airport as Trump's transportation secretary plans reducing flights
Transportation Secretary Sean Duffy plans to reduce the number of flights in and out of Newark Liberty International Airport for the "next several weeks."

Chicago Tribune Business News
May 11, 2025

Transportation Secretary Sean Duffy plans to reduce flight capacity at Newark airport
Transportation Secretary Sean Duffy plans to reduce the number of flights in and out of Newark Liberty International Airport for the "next several weeks."

Chicago Tribune Business News
May 11, 2025

Puerto Rico seeks to lure manufacturing to boost its economy as Trump's tariff war deepens
A global trade war is offering Puerto Rico hope as the U.S. territory, attempts to strengthen its fragile economy.

Chicago Tribune Business News
May 11, 2025

Fido's Landing brings pet shelter back to former Homewood home of South Suburban Humane Society
Fido's Landing had a soft opening at its new location along 183rd Street in Homewood, the former home of South Suburban Humane Society.

Chicago Tribune Business News
May 11, 2025

In Illinois, an invisible boundary determines how dirty and costly your electricity is
Because central and southern Illinois differ from the north in how they make and buy electricity, they're slipping behind in the race for cheap power, clean air and economic growth.

Chicago Tribune Business News
May 11, 2025

Condo Adviser: Community associations must enforce rules and regulations uniformly
Community association rules and regulations must also be reasonable.

Chicago Tribune Business News
May 10, 2025

Chicago online auction startup Unicorn turning whiskey bottles into windfalls
Unicorn, a 5-year-old online auction platform for wines and spirits, has quickly established itself as the eBay of imbibing, authenticating, digitizing, storing and auctioning more than $125 million worth of prized booze.

Chicago Tribune Business News
May 10, 2025

How Unicorn — a Chicago online auction startup — is turning whiskey bottles into windfalls
Unicorn, a 5-year-old online auction platform for wines and spirits, has quickly established itself as the eBay of imbibing, authenticating, digitizing, storing and auctioning more than $125 million worth of prized booze.

Chicago Tribune Business News
May 10, 2025

Pope Leo XIV's boyhood home in Dolton was on the market until Thursday. What comes next for the house remains to be seen.
The pontiff had lived in the house full-time until going off to a Michigan seminary for high school in 1969 and following that, to college at Villanova University in 1973.

Chicago Tribune Business News
May 10, 2025

Pope Leo XIV's boyhood home in Dolton was on the market until Thursday. What comes next for the house?
The pontiff had lived in the house full-time until going off to a Michigan seminary for high school in 1969 and following that, to college at Villanova University in 1973.

Chicago Tribune Business News
May 09, 2025

Google will pay Texas $1.4B to settle claims the company collected users' data without permission
Google will pay $1.4 billion to Texas to settle claims the company collected users' data without permission, the state's attorney general announced Friday.

Chicago Tribune Business News
May 09, 2025

Gurnee's Six Flags likely safe despite company issues, experts say; ‘Untouchable'
Six Flags operates 26 amusement parks across North America.

Chicago Tribune Business News
May 09, 2025

Mrvan urges Energy Secretary to give green light for Hydrogen Hub
As the future of the Northwest Indiana hydrogen hub project hangs in the balance, U.S. Rep. Frank Mrvan, D-Highland, questioned the energy secretary about its next steps.

Chicago Tribune Business News
May 09, 2025

Tinley Park OKs grocery tax, replacing state levy that will expire next year
The Tinley Park Village Board voted for a 1% grocery tax, joining a number of Illinois towns to do so once state tax expires Jan. 1

Chicago Tribune Business News
May 09, 2025

Air traffic controllers briefly lose radar access again at Newark airport
The air traffic controllers directing planes into the Newark, New Jersey, airport lost their radar Friday morning for the second time in two weeks.

Chicago Tribune Business News
May 09, 2025

China's exports to US sink, offset by trade with other economies, as US tariffs hit global trade
China's exports to the United States tumbled in April while its trade with other economies surged, suggesting that President Donald Trump's tariffs offensive is hastening a shakeup in global supply chains.

Chicago Tribune Business News
May 09, 2025

President Donald Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war
President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war between the world's two largest economies.

Chicago Tribune Business News
May 09, 2025

Nutella launching new spread that will be made in suburban Chicago
The first new version of Nutella's iconic hazelnut spread in its 60-year history is set to roll out next year from Italian candy giant Ferrero, with Chicago at the center of its plans.

Chicago Tribune Business News
May 08, 2025

Braun focuses on business issues at Munster chamber lunch
Gov. Mike Braun participated in a question and answer session Thursday during a Munster Camber of Commerce luncheon that focused on small businesses, local school referendums, and tolling, while protesters lined Ridge Road outside the event to express criticism with much of the legislation Braun has signed into law.

Chicago Tribune Business News
May 08, 2025

Mattel considers price hikes in response to tariffs after Trump says kids don't need a lot of dolls
Citing uncertainty about the economy and tariffs, Mattel also paused its financial guidance for the full year and said it expects tariffs to affect costs in the third quarter.

Chicago Tribune Business News
May 08, 2025

White House proposes a major overhaul of the outdated US air traffic control system
The Trump administration plan calls for six new air traffic control centers, along with technology and communications upgrades over the next three years.

Chicago Tribune Business News
May 08, 2025

What to know about the air traffic controller shortage
The Trump administration is promising to fix the nationwide shortage of air traffic controllers after recent control tower mishaps and a string of crashes earlier this year.

Chicago Tribune Business News
May 08, 2025

South Shore riders complain of late, packed trains; railroad considering 10% fare increase
The Northern Indiana Commuter Transportation District got an earful from riders Tuesday at a hearing on a proposed 10% fare increase.

Chicago Tribune Business News
May 08, 2025

Streeterville 3-bedroom with primary suite that has 2 bathrooms and 2 walk-in closets: $2.4M
Address: 180 E. Pearson St., Unit 4606, Chicago Listed: March 26, 2025 Price: $2,380,000 Listing agent: Lisa Huber, Jameson Sotheby's, 312-751-0300 This renovated three-bedroom, four-bath condo on the 46th floor of the Water Tower Residences in Streeterville has expansive windows with south-facing views of Lake Michigan and the city skyline. The open-concept layout integrates the […]

Chicago Tribune Business News
May 08, 2025

Cook County housing authority facing potential multimillion-dollar budget shortfall as agencies brace for funding cuts
The agency attributes the shortfall to an increase in its voucher usage rate and rising rents, which eat into its limited dollars allocated by the U.S. Department of Housing and Urban Development.

Chicago Tribune Business News
May 07, 2025

The more President Trump talks about making trade deals, the more confusing the tariff picture gets
The more President Donald Trump talks about his efforts to reach deals with America's trading partners, the more confusing the tariff picture gets.

Chicago Tribune Business News
May 07, 2025

Edmunds: Five great budget performance cars for under $35,000
The auto experts at Edmunds have come up with their five favorite performance vehicles for under $35,000. True, you won't be able to buy anything with a V8. The same applies to electric power — the best-value electric performers cost more. But the vehicles listed here have other distinct advantages. All of the following prices include destination fees.

Chicago Tribune Business News
May 07, 2025

Orland residents, officials oppose proposed vehicle repossession lot at county hearing
Orland Park and Orland Township residents who live near a planned vehicle repossession lot opposed it at a Cook County ZBA meeting.

Chicago Tribune Business News
May 07, 2025

Downtown Flossmoor business owners share concerns during Small Business Administration visit
Small Business Administration representative Willette LeGrant visited Flossmoor business owners Wednesday with Mayor Michelle Nelson.

Chicago Tribune Business News
May 07, 2025

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower borrowing costs, and said that the risks of both higher unemployment and higher inflation have risen, an unusual combination that puts the central bank in a difficult spot.

Chicago Tribune Business News
May 07, 2025

Mayor Brandon Johnson plan to spur affordable housing with public money passes council
The policy to use city cash to help finance housing construction could set an example for other locales seeking to build affordable homes amid waning federal support.

Chicago Tribune Business News
May 07, 2025

Windy City to Sin City: Robot manufacturer moves headquarters to Las Vegas
Despite the headquarters moving, AAA20 kept its facility in Chicago, as well as a showroom in Silicon Valley.

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