A year after the murder of George Floyd — and the corporate statements in support of racial equity that followed — some corporations say they are working toward an equitable economic recovery. We learn about the Chicago Community Trust’s new Move to Action initiative.
President Joe Biden on Friday unveiled a $6 trillion budget for next year that’s piled high with new safety net programs for the poor and middle class, but his generosity depends on taxing corporations and the wealthy to keep the nation’s spiking debt from spiraling totally out of control.
The last 14 months have been incredibly difficult for Chicago’s usually booming hospitality industry. Though many hotels are still grappling with lower occupancy rates and many employees are still laid off, a recent uptick in travel means things are starting to look up.
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The proposal brought an immediate backlash not just from those who enjoy an impromptu late-night tipple, but business owners who said the rules would push sales outside the city — and give bars and restaurants an unfair advantage over stores. 
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Mayor Lori Lightfoot included the cap on fees as part of larger package designed to help Chicago businesses recover from the COVID-19 pandemic “quickly and holistically.” 
The Greater Chicago Food Depository, which supplies food pantries across the area, says in its more than 40-year history it has never seen a hunger crisis like the one caused by the COVID-19 pandemic. We discuss the issue as part of WTTW’s Firsthand initiative exploring poverty.
Even by Bitcoin’s standards, last week was pretty wild. The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies.
The long-awaited reopening of Chicago’s culinary hot spots should come as welcome news. But for the owners of those restaurants, finding the line cooks and servers they need has proven to be a tall order.
Mayor Lori Lightfoot on Thursday renewed her campaign promise to breathe new life into neighborhoods that have faced decades of disinvestment. And she acknowledged that she felt “despair” at times during the past two years while she confronted the COVID-19 pandemic, civil unrest and an economic meltdown.
Chicagoans struggling to make ends meet because of the COVID-19 pandemic can apply for grants to cover 15 months of missed rental payments starting Monday, officials said.

Plus: “Chicago Tonight” discusses the child tax credit expansion

The Treasury Department said Monday that 39 million families are set to receive monthly child payments beginning on July 15.
Gov. J.B. Pritzker signaled Monday that he’ll lift the statewide ban on evictions in August, prompting widespread concern that the move will lead to a sudden burst of evictions.
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As child care centers and schools closed at the height of the pandemic, parents were left balancing work and caretaking responsibilities while also navigating economic uncertainty. But as child care centers reopen, some families appear slow to enroll their children.
Gov. J.B. Pritzker announced Monday that the state’s ban on evictions caused by the COVID-19 pandemic will be phased out during the next three months before expiring in August.
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Starting Thursday, Navy Pier’s indoor spaces will be open to the public as it moves into its second phase of reopening. The iconic lakefront attraction aims to fully reopen by the end of the month.
In many downtown areas where companies closed their offices and commuting ground to a halt, sandwich shops, bakeries and other small businesses are waiting with guarded optimism for their customers to return.
 

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