Mayor Lori Lightfoot’s plan to close a projected $170.6 million budget gap in 2023 relies on booming tax revenues that she said proves Chicago’s budget has fully recovered from the economic catastrophe caused by the COVID-19 pandemic.

The lawsuit, filed Wednesday in U.S. District Court in Washington, D.C., asks the court to block the payment until the attorneys general have reviewed Albertsons’ proposed merger with Kroger Co.

The Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years. It was the central bank’s sixth rate hike this year — a streak that has made mortgages and other consumer and business loans increasingly expensive and heightened the risk of a recession.

Two of the largest U.S. pharmacy chains, CVS Health and Walgreen Co., announced agreements in principle Wednesday to pay about $5 billion each to settle lawsuits nationwide over the toll of opioids, and a lawyer said Walmart is in discussions for a deal.

Elon Musk even changed his profile to “Twitter Complaint Hotline Operator” — with a photo of himself when he was a toddler holding a telephone. But it is almost impossible for those outside of Twitter to know what strings he is pulling or whose accounts have been suspended.

A major health care merger involving Deerfield-based Walgreens. Two Illinois nuclear plants that were once at risk of closing will now run for decades to come. And a new report finds that Illinois is among the top states where life sciences companies attract investment.

McDonald’s Chief Financial Officer Ian Borden said U.S. prices were 10% higher than last year in the July-September period. But while some lower-income consumers appeared to shift to cheaper menu items, overall demand remained strong.

Thursday’s better-than-expected estimate from the Commerce Department showed that the nation’s gross domestic product — the broadest gauge of economic output — grew in the third quarter after having shrunk in the first half of 2022.

The unionization announcement comes one day after Lakeview Starbucks employees voted 11-to-1 in favor of representation, according to voting results shared by organizers. On Monday, Glenview Starbucks workers announced they plan to organize as well.

Workers at a Lakeview Starbucks voted 11-1 on Tuesday to form a union, according to vote results shared by organizers.

The sneaker giant became the latest company to cut ties with Chicago native Ye, who was suspended from Twitter and Instagram this month over antisemitic posts that the social networks said violated their policies.

The Federal Trade Commission is expected to review the $25 billion deal between Kroger and Albertsons to ensure it complies with antitrust laws. Locally, the merger would combine the parent companies of Chicago grocery stalwarts Jewel Osco and Mariano’s.

Chicago biotech company Tempus raises hundreds of millions of dollars in funding from some big-name players. And another apartment building is proposed for what has become Chicago’s hottest neighborhood for multi-family units.

As firms and other businesses have started locating their offices in other parts of town, and with the massive shift in work patterns driven by COVID-19, the eight-block stretch has become home to more vacancies than any other part of downtown. Now, the city has an ambitious plan to spur development.

The president will also open the door to additional releases this winter in an effort to keep prices down. But administration officials would not detail how much the president would be willing to tap, nor by how much they want domestic production to increase to end the withdrawals.

Gig workers like ride-hailing drivers and delivery people are a key part of the modern U.S. economy. Most of those workers are contracted, and therefore not considered full employees with all the benefits included.