Economy
As restaurants in Greektown work to recover from the coronavirus pandemic and its restrictions, the neighborhood is hosting its inaugural Greektown Restaurant Week.
Applications for benefits declined 111,000 from the previous week to a seasonally adjusted 730,000, the Labor Department said Thursday. It is the lowest figure since late November.
Children who would have received free or reduced-price meals under the National School Lunch Program if their schools were not closed or operating with reduced hours are eligible for the benefits.
Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.
The latest COVID-19 relief bill could come up for a vote in Congress as early as next week, but a key Democratic priority might be on the chopping block. We explore the potential impact of raising the minimum wage.
This month’s deep freeze has left Chicago’s homeless residents in deadly peril. But housing insecurity is not just an extreme-weather problem, some advocates say, and the city needs to take a bolder approach to housing policy.
Mayor Lori Lightfoot fired back Friday at critics who blasted her for using $281.5 million in COVID-19 federal relief funds to cover the cost of salaries and benefits for Chicago Police Department officers. “Criticism comes with the job of mayor but this one’s just dumb,” Lightfoot said.
The industrial community once marked by steel mills is now lined with other plants, and the proposed opening of a metal scrapping company has become a point of controversy on the Southeast Side and across the city.
Before the virus erupted in the United States last March, weekly applications for unemployment benefits had never topped 700,000, even during the Great Recession of 2008-2009.
The lack of affordable and nutritious food in North Chicago has made the city a food desert, but soon it'll get its first full-service grocery store in 20 years.
The coronavirus pandemic has wreaked havoc on people’s lives, and also on government budgets. On Wednesday, Gov. J.B. Pritzker will propose his ideas for getting Illinois through it. Here’s a preview of that address.
President Joe Biden’s coronavirus relief package could include canceling some student loan debt. What that could mean for borrowers — and the economy.
A Democratic-led effort to pass a $1.9 trillion pandemic relief package has passed its latest challenge with House committees advancing measures that will soon be combined into a single bill expected to clear the full House by the end of February.
The turnaround in total wages underscores how disproportionately America's job losses have afflicted workers in lower-income occupations rather than in higher-paying industries, where employees have actually gained jobs as well as income since early last year.
Chinatown celebrations for the Lunar New Year look different amid the COVID-19 pandemic. In a normal year, festivities include a parade, banquets and family meals spanning from the eve of the Chinese New Year until 15 days after. This year, nearly all celebrations will be virtual.
Chicago’s oldest hospital is closer to shuttering this spring after filing for bankruptcy. What that may mean for patients.