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(The Center Square) – Although the Chicago City Council passed a budget for 2025 this week, the city’s financial problems are not going away. Chicago taxpayers are looking at a billion-dollar ...
CHICAGO – The Chicago Police Department made its case to the City Council Friday for the funding it needs for the next fiscal year. The police budget makes up a large percentage of the city’s ...
(The Center Square) – The Chicago City Council could approve a new budget with more than $230 million in tax increases before the end of the week. Before a fire alarm went off in the council ...
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In May 2020, Heitman sued Jenner & Block alleging it failed to pay it more than $3.7 million in rent during the months of April and May 2020. In June 2020, Jenner filed a counterclaim stating Heitman actually owed it $840,000 in credits as it was unable to use its Chicago office at the start of the COVID-19 pandemic.
The Chicago area is a global financial center and headquarters a wide variety of financial institutions including Citadel LLC, CNA Financial, Discover Financial Services, Morningstar, Inc., Nuveen, and more. Chicago is also home to the largest futures exchange in the world, the Chicago Mercantile Exchange.
Downsizing and plant closures continued into the 1990s and 2000s, and the US Dept of Commerce estimates that today fewer than 25,000 people are employed in the steel industry in the Chicago–Joliet–Naperville, IL–IN–WI Metropolitan Statistical Area (18,000 of whom are actually in Northwest Indiana.
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