Delinquent properties are eligible for the Cook County Tax Sale, which is administered by the Cook County treasurer’s office. That’s where a private investor buys the debt and can make a big profit off of it.

Americans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples.

This year, some turkey farmers have been impacted by avian influenza, which affected more than 50 million birds, according to the CDC. No commercial flocks in Illinois have been affected. 

The ambitious plan included a community center, a technology hub, partnerships to offer free tuition and provisions for contracting with Chatham’s small service businesses.

The budget takes effect Jan. 1, 2023, approximately two months before Mayor Lori Lightfoot is set to ask voters for a second term as Chicago mayor, does not include a property tax hike to keep up with the soaring rate of inflation, or any other tax or fee hikes.

Friday’s report from the government showed that hiring was brisk across industries last month, though the overall gain declined from 315,000 in September. The unemployment rate rose from a five-decade low of 3.5% to a still-healthy 3.7%.

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 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.

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 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.

Approximately 62% of applicants have jobs, and nearly half have sought medical attention at a hospital’s emergency room in the past year, officials said. An initial lottery will identify 10,000 applicants to verify the information contained in their applications.

Thanks to a “little-known loophole,” hedge funds, private equity firms and real estate investors have “siphoned” approximately $280 million from schools, parks, libraries, fire departments and other government agencies between September 2015 and September 2022 in Cook County. 

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.

One year after the Chicago City Council approved what Lightfoot calls the Chicago Recovery Plan, city officials have spent just $130.5 million of the $1.227 billion earmarked for a host of programs including affordable housing, mental health, violence prevention, youth job programs and help for unhoused Chicagoans, according to data released as part of the mayor’s 2023 budget proposal.

As co-chair of the Senate’s Ukraine Caucus, Sen. Dick Durbin said any push to sit down at the negotiation table and offer Russia territory that it illegally took must come from the Ukrainians, not Western pressure.