As housing prices continue to soar out of reach for more Americans, an impulse from policy makers across the country has been to attempt to mandate “affordable” prices through legislation. One common idea is rent control, which limits how much landlords can increase rents on residents. A related one is inclusionary zoning, which forces developers...

This article was written by Satta Sarmah and featured in Fast Company on September 26, 2014.  When 30-year-old Chicago native Sheyla Jarocz talks about how a brick and mortar storefront survives in the city’s North Center neighborhood, it sounds like a lonely mission. “I’ve tried to do promotions with nearby businesses,” said Jarocz, who opened Maash Boutique two years...

Though Baxter International Inc. has denied reports that it is considering relocating to Boston, Illinois officials are in damage-control mode to ensure that the Deerfield, Ill.-based company stays put. On Aug. 27, the Boston Business Journal reported that Baxter, a biotech giant that has been based in Illinois since the 1930s, is looking to make a...

Illinois lost 3,200 payroll jobs in March, and the state’s unemployment rate ticked down to 8.4 percent from 8.7 percent, according to the Bureau of Labor Statistics. Illinois’ month-over-month change in payroll jobs was the third-worst nationally. Only Pennsylvania and Virginia lost more jobs. This news comes fresh on the heels of the announcement by...