On Monday, Gov. J.B. Pritzker, the state’s legislative leadership and representatives of the hospitality industry announced that hotels in Illinois saw record revenues in fiscal year 2023, which ended June 30.
Business
The latest sign of economic strength — a gain of 209,000 jobs last month — makes it all but certain that the Federal Reserve will resume its interest rate hikes later this month after having ended a streak of 10 rate increases that were intended to curb high inflation.
Furniture Store Owner Laura Ayala-Clarke Denies Charges, Says Attorney is Handling Claims
Two former employees of Laura Ayala-Clarke, the girlfriend of Mayor Richard Irvin of west suburban Aurora, claim she failed to pay them for several weeks of work and isn’t running her business on the up-and-up. She recently was approved for a city grant.
“Like everything I inherited, I’m a teacher, I will assess and grade it," Mayor Brandon Johnson said, promising an “open process where other folks get a chance to weigh in.”
Starting a business from scratch takes a lot of work — not to mention capital. A startup initiative from Google is helping Black and Latino entrepreneurs reach their goals.
Erik Varela of the Illinois International Port District said the port brings in steel, iron, concrete and sand. “If the port were to go away or not be invested in, you have to imagine that those commodities are going to go elsewhere, those jobs and those things will go there.”
Some workers in Cook County will find a little more in their paychecks starting this month.
The national average for regular gasoline dipped to $3.55 a gallon on Thursday, according to AAA. A year ago, a gallon of regular sold for an average of $4.87 a gallon.
Get ready to pay more for gas and groceries. Illinois rings in the fiscal new year on July 1, which brings with it changes.
Interim Chicago Police Supt. Fred Waller said additional patrols will be added downtown, on CTA trains and buses and near Navy Pier, which will host a fireworks show at 9 p.m. Saturday.
The Amtrak line ran its first 110 mph service on Monday, up from 90 mph previously, which would make the one-way trip less than five hours long. The trip is now a full 30 minutes quicker than when the service ran at 79 mph when the project began in 2010.
"Jim gave back to the city through philanthropy and leadership on a number of civic and academic boards as he was deeply committed to investing in Chicago and its people," Mayor Brandon Johnson said.
Local Efforts to Tackle Systemic Racism in Banking, Help Black Communities Build Generational Wealth
Generations of discriminatory lending practices and policies have taken a major toll on Black communities. A 2020 study found that for every $1 of accumulated wealth that White families have, Black families have just one cent.
‘Unprecedented’ number of rate cases pending before Illinois Commerce Commission
Millions of Illinoisans could see higher energy bills next year, but the size of those increases will be determined by a state agency that has recently had its oversight powers expanded.
Mayor Brandon Johnson’s mayoral campaign platform called for an end to the tipped minimum wage, noting that those who rely on tips to earn a living wage are more likely to be Black and Latina women.
The agency accused Amazon of using deceptive designs, known as “dark patterns,” to deceive consumers into enrolling in Prime. The complaint said the option to purchase items on Amazon without subscribing to Prime was more difficult in many cases.
