Economy
The Trump administration has announced that most individuals and businesses will be allowed to delay paying their federal tax bills for 90 days as part of an emergency relief plan amid the coronavirus pandemic.
U.S. stocks plunged nearly 13% Monday. As bars and restaurants in Illinois close to dine-in customers, we analyze the economic impact of the coronavirus.
Illinois restaurants and bars are preparing for their last call for dine-in business until at least the end of the month. Meanwhile, grocers big and small are scrambling to restock shelves.
To help alleviate the impact of coronavirus-related declines in restaurant sales, Chicago-based Grubhub announced a temporary change to its fee structure and a charitable fund to support impacted restaurants and drivers nationwide.
U.S. stocks on Thursday recorded their biggest single-day fall since the notorious Black Monday crash of 1987 as coronavirus fears accelerated.
Fears over the coronavirus and an oil price war sank the Dow Jones Industrial on Monday, while the S&P 500 had its worst day since 2008.
Coronavirus fears tank the stock market. The gloves come off in the race for Cook County state’s attorney. More turmoil at Chicago Public Schools. And the city preps for round two of electric scooters.
Global stock markets lost more than $3 trillion in value this week as investors fled amid growing concerns of a coronavirus pandemic. So what’s the outlook for the U.S. economy?
A conversation with with the Nobel Prize-winning economist and New York Times opinion columnist about his new book, “Arguing With Zombies: Economics, Politics, and the Fight for a Better Future.”
The Dow Jones Industrial Average closed down more than 1,000 points Monday — the worst one-day performance in two years for the blue-chip index, as fears increased over the global economic shock of coronavirus.
Poverty was front and center at a summit Thursday at the University of Illinois at Chicago, where local policymakers, union leaders, employers and academics focused on how to end poverty in Chicago within a generation.
The U.S. stock market closed at record highs Thursday, indicating investor confidence as relations between the U.S. and Iran appear to cool down. Ed Stuart and Michael Miller share their thoughts on current economic conditions.
Illinois is one of 22 states that does not require high school students to take a financial literacy course, but a new high school curriculum is now being used in Illinois and nine other states. We learn about finEDge.
With Christmas behind us, it’s beginning to look a lot like tax season. We get year-end tips from David Henderson, a CPA at the firm of Duggan Bertsch in Chicago.
Nearly 25 million American women living below the poverty line are faced with a terrible choice every month: whether to spend money on menstrual hygiene products or other necessities. We explore what’s called period poverty – and the movement to end it.
The proportion of Americans without health insurance edged up in 2018 — the first evidence from the government that coverage gains under President Barack Obama’s health care law might be eroding under President Donald Trump.