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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 ...
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Associated Press Finance 12 hours ago Elon Musk creates confusion about IRS' Direct File — but the free tax program is still available. Billionaire tech mogul Elon Musk posted Monday on his social media site that he had “deleted” 18F, a government agency that worked on technology projects such as the IRS’ Direc…
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Best CD rates today: Make the most of Fed's rate pause with guaranteed APYs of up to 4.40% — Feb. 4, 2025 Mortgage and refinance rates for Feb. 4, 2025: Average 30-year, 15-year fixed rates ...
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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Chicago and Chicago Public Schools unfunded pension liabilities. The Illinois pension crisis refers to the rising gap between the pension benefits owed to eligible state employees and the amount of funding set aside by the state to make these future pension payments. As of 2020, the size of Illinois' pension obligation is $237B, but the state's ...