Chicago

Chicago businesses fall to 10-year low, Mag Mile down by half

By Patrick Andriesen, Jon Josko
08/20/2025
Chicago had 44,840 licensed businesses operating in the city last year, fewer than any year in the past decade and 17% less than during 2015. The Magnificent Mile reported the largest drop, with active business licenses falling by over half.

Chicago retirement fund for first responders at greater risk

By LyLena Estabine
08/14/2025
Gov. J.B. Pritzker signed a law adding $11.1 billion in new liabilities to Chicago’s fire and police pensions, already the worst-funded in the nation. These “sweeteners” hurt retirement security more than they help.