The company said it secured $150 million in financing that will allow it keep its stores open and operations running. As of October, the Company had 761 total Party City stores and 149 temporary Halloween City stores.

The ongoing slowdown in wholesale price growth is adding to evidence that the worst bout of inflation in four decades is steadily easing, though it remains far above the Federal Reserve’s target of 2%.

A new suburban stadium could be on the horizon for the Chicago Bears and the team owns the No. 1 pick in the draft coming off one of the worst seasons in franchise history.

UIC faculty go on strike. Unpacking new plans for the LaSalle Street corridor. Talking to sheriffs who say they won't enforce the new assault weapons bill. And what’s with the high price of eggs?

The pushback from sheriffs comes as the Protect Illinois Communities Act already faces legal challenges in the courts, including one from former Republican Illinois attorney general candidate Tom DeVore on behalf of more than 800 plaintiffs.

With temperatures averaging in the mid to high 30s, Chicago is seeing its fourth warmest January on record. Climatologist Trent Ford said the only years that were warmer were 1880, 1939 and 2006.

The historic LaSalle Street corridor has been an economic engine for the city since the turn of the last century. But in recent years, the once vibrant financial district has suffered as major banks that anchored the area moved elsewhere in the city.

University of Illinois-Chicago faculty striked Tuesday after union and administration officials were unable to come to a contract agreement during a “contentious” 12-hour bargaining session Monday.

What was once a cheap source of protein has become a luxury breakfast food. Egg prices have soared over the past year, as the worst avian flu outbreak in U.S. history has infected more than 57 million chickens.

U.S. Treasury Secretary Janet Yellen formally put Congress on notice last week that the agency will have to start taking "extraordinary measures" after the US reaches its $31.4 trillion debt limit on Thursday.

The Department of Streets and Sanitation has announced the 50 finalists in the contest. Voting is open to Chicago residents through Jan. 31.

Early voting sites will open to all Chicago voters and voter registration services will be available.

The boy, whose name has not been released because he is a juvenile, was charged Monday with eight felony counts of armed robbery stemming from separate incidents between last November and December.

The Chicago Cubs plan to honor Hall of Famer Ryne Sandberg with a statue outside Wrigley Field and put him in an exclusive club that includes Ernie Banks, Billy Williams, Ron Santo, Ferguson Jenkins and Harry Caray.

According to Chicago Police Department data, 25 people were shot in 23 separate shooting incidents between 6 p.m. Friday and 11:59 p.m. Monday.