President-elect Joe Biden on Tuesday introduced top advisers he says will help his administration rebuild an economy hammered by the coronavirus pandemic, declaring, “I know times are tough, but I want you to know that help is on the way.”

The coronavirus pandemic is driving holiday shoppers in the U.S. online — and they’re expected to spend a record $12.7 billion on Cyber Monday. Crain’s Chicago Business reporter Danny Ecker has details.

Growing up in a family of 19 children, Jermaine Jordan learned both how to cook and to share. Today, he’s using those skills on a much larger scale at Healthy Hot Free Meals, a restaurant he opened in October.

Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones.

After an unprecedented year, we take a hard look at the pandemic-ravaged economy, as businesses gear up for the all-important holiday retail season. 

Positive developments on the vaccine front have driven double-digit gains in the major indexes this month as investors look forward to progress in gaining control over the pandemic that plunged the global economy into its deepest slump since the 1930s.

In normal times, Black Friday is the busiest shopping day of the year. But these are not normal times: The economy is tanking and crowds are expected to be dramatically diminished as coronavirus cases spike and shoppers do more of their purchases online.

Chicago’s northernmost neighborhood has reported 5,000 confirmed COVID-19 cases. The pandemic and rising case counts have heightened food insecurity across Chicago, and Rogers Park has been anything but immune. 

With loan and grant money starting to run dry for some businesses—and what’s likely to be a difficult winter fast approaching—we check in with some familiar faces to ask how they’re coping with the coronavirus.

“Adding debt is not a long-term solution to structural imbalance,” Gov. J.B. Pritzker said. “Short-term borrowing is a short-term Band-Aid to address the urgency of a short-term problem like one caused by a pandemic.” 

Before the virus struck hard in mid-March, weekly claims typically amounted to roughly 225,000. They shot up to 6.9 million during one week in March before dropping, yet remain historically high more than eight months later.

The budget passed despite opposition from two main groups of aldermen: those who represent wards where a property tax hike of $93.9 million will hit hardest and aldermen who favored deep cuts to the police budget.

Restaurants and cafes could continue to serve customers outdoors through next spring under a proposal set to be introduced by Mayor Lori Lightfoot at Tuesday’s City Council meeting.

Ahead of Tuesday’s vote, Mayor Lori Lightfoot is urging aldermen to support the plan she crafted to close a $1.2 billion budget deficit in 2021. Four aldermen sound off the plan.

Delivery services such as Postmates, Grubhub, DoorDash and UberEats can charge fees totaling no more than 15% under a measure approved unanimously Monday by the Chicago City Council.

The Chicago Transit Authority’s Board of Directors approved the agency’s 2021 operating budget of $1.645 billion on Wednesday, but CTA staff warned of drastic service cuts without another infusion of cash from Congress.