(WTTW News)

One of Chicago’s fastest-growing companies looks to shed half of its headquarter space in the Loop. A glimmer of hope for suburban renters as rent prices rise. And the Wirtz family takes on a project off the ice.

Advocates staged a tent city in the lobby of City Hall during Mayor Lori Lightfoot's budget address on Monday, Oct. 3, 2022, calling on Chicago to provide a dedicated stream of funding to tackle the problem of homelessness. (Nick Blumberg / WTTW News)

The last time Chicago voters passed a binding referendum that applied to the entire city was 1885, according to city records. As supporters’ paths to the ballot have been nearly closed off, they have begun shifting the fight to the 2023 campaign for mayor and City Council.

Members of the Chicago Coalition for the Homeless blast half of the City Council for failing to show up for a hearing on a proposal to tax the sale of properties worth more than $1 million to fight homelessness on Monday, Nov. 14. (Heather Cherone / WTTW News)

Dozens of Chicagoans who waited hours to get their turn to address the Chicago City Council were prevented from speaking because a majority of the Chicago City Council attended Monday's special meeting.

A residential street in Wicker Park in Chicago. (WTTW News)

Supporters of the proposal say the change will help the nearly 66,000 Chicagoans who are unhoused by generating approximately $160 million annually.

(WTTW News)

According to city data, 60% of Chicagoans live in rental properties, and a June report by real estate platform Domu finds the median rent for one-bedroom apartments in Chicago is up 8% since January. With fierce competition for apartments, the city’s renters – many of whom are Black– are more vulnerable targets for scammers and shady landlords.

Ford factory assembly line. (WTTW News)

Ford announces it’s cutting thousands of jobs, two local hotel sales mark some of the biggest in the hospitality market since the start of the pandemic and a new app helps homeowners rent individual rooms.

The Cartier store on Michigan Avenue is pictured on Aug. 15, 2022. (WTTW News)

The Magnificent Mile is getting hit with another couple of retail losses but, there’s a glimmer of hope for the city’s premiere shopping strip. A proposal has been made for Chicago’s first development of multiple homes made of shipping containers and a new ice cream bar hopes to provide adults with a cold treat.

(WTTW News)
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Rent prices rose 9.4% in 2022, according to data firm CoStar Group. In response, groups of local tenants are unionizing in hopes of pushing for an end to a rent control ban that was passed in 1997.

(WTTW News)

State Farm hits Illinois auto customers with yet another price hike. Suburban apartments are seeing some major investment gains. And a look at what’s on the road ahead for electric truck maker Rivian.

Pedestrians pass the New York Stock Exchange on July 14, 2022, in New York. (AP Photo / John Minchillo, File)

Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead. But consumers are still spending, businesses keep posting profits and the economy keeps adding hundreds of thousands of jobs each month.

A cannabis cultivation facility. (WTTW News)

A new business venture from a co-founder of a Chicago weed giant fizzles. The company that gave up the Water Tower Place is now selling it’s big property across the street. And there’s some good news for landlords trying to fill suburban office spaces.

(WTTW News)

Crain’s Chicago Business reporter Danny Ecker goes behind the latest business headlines.

Bally’s casino and resort would be built on what is now the Chicago Tribune printing plant and newsroom near Chicago Avenue and Halsted Street. (Provided)
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The $1.73 billion proposal now heads to the Illinois Gaming Board, which must license Bally’s to operate the Chicago casino set to be built along the Chicago River near Chicago Avenue and Halsted Street.

Bally’s casino and resort would be built on what is now the Chicago Tribune printing plant and newsroom near Chicago Avenue and Halsted Street. (Provided)
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The Chicago City Council is expected to give its final stamp of approval to the Bally’s plan on Wednesday, sending the proposal to the Illinois Gaming Board, which must license Bally’s to operate the Chicago casino set to be built near Chicago Avenue and Halsted Street.

Bally’s casino and resort would be built on what is now the Chicago Tribune printing plant and newsroom near Chicago Avenue and Halsted Street. (Provided)
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Even though Lightfoot stacked a special City Council committee with her allies to consider the casino proposal, Ald. Tom Tunney (44th Ward) acknowledged Friday that the mayor did not have enough support to advance the plan to build a casino and resort.

(WTTW News)
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While Mayor Lori Lightfoot and her administration have touted the proposal from Bally’s as the most lucrative proposal the city received and said the casino would be an “iconic” addition to Chicago’s riverfront, members of the City Council continue to greet those claims with skepticism.