Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year increase in June.

A recent wave of airline delays and cancellations has affected much of the country, including Chicago. After experiencing unprecedented airline delays and cancellations this summer, the recent wave is another indication of a rocky pandemic recovery for airlines.

Ald. Pat Dowell (3rd Ward) said the plan would be a “bad deal” for residents of Bronzeville and set a bad precedent. The proposal from Lightfoot’s administration would create a new tax-increment financing district along the southern branch of the CTA Red Line to generate $950 million for the project. 

Illinois is poised to gain some of Indiana’s losses due to the Hoosier state’s new abortion law. Boeing prepares to resume delivery of its 787 Dreamliner jets.  And Groupon makes some major cuts to its workforce.

Mayor Lori Lightfoot and Gov. J.B. Pritzker said the agreement would strike a blow against climate change that scientists say has already begun to cause disasters such as floods and strong storms.

On Sunday, Chicago O’Hare saw the most cancellations and delays, with approximately 12% of flights canceled, and over 45% of flights delayed.

Unemployment dropped another notch, from 3.6% to 3.5%, matching the more than 50-year low reached just before the pandemic took hold.

The proposed merger of freight rail giants Canadian Pacific and Kansas City Southern – which has faced a swell of opposition – wouldn’t have major environmental consequences, according to a draft environmental impact statement released Friday by the Surface Transportation Board.

The Southeast Side community is home to about 9,500 people, according to U.S. census data. Local hotspots include a nostalgic roller rink and a series of murals by local artists.

A husband and wife in Waukegan have transformed their grocery store to include a coffee shop, boutique and a gathering place for fellow entrepreneurs. 

The coffee shop, located at Lincoln and Jersey avenues on the border of North Park and West Ridge, is located in the Lincoln Village shopping center. It’s now the sixth Chicago-area Starbucks to vote for unionization – and among more than 200 around the nation to unionize so far.

Rent prices rose 9.4% in 2022, according to data firm CoStar Group. In response, groups of local tenants are unionizing in hopes of pushing for an end to a rent control ban that was passed in 1997.

State Farm hits Illinois auto customers with yet another price hike. Suburban apartments are seeing some major investment gains. And a look at what’s on the road ahead for electric truck maker Rivian.

The online used-car dealer has once again had its dealer’s license in Illinois suspended. The company’s construction of a glass “vending machine” for cars remains on hold in Skokie as a result.

Local cyclist, Xail Hernandez offers la ultima palabra on what claiming a lane did for her health and her spirit, and what she says it can do for yours too.

Economists are divided over whether a recession is looming. What’s clear is that economic uncertainty isn’t going away anytime soon. But there are steps you can take now to be ready for whatever is ahead.