New York

Second big investment firm may leave Chicago for Miami

By Patrick Andriesen
05/04/2023
Industry sources report one of Chicago’s largest money management firms could soon move their Illinois headquarters to Florida. Guggenheim Partners would be the sixth large company and second investment firm to move out of Illinois in the past year.

Each Chicago taxpayer on hook for nearly $42,000 of city debt

By Justin Carlson
02/10/2023
Fiscal watchdog Truth in Accounting found Chicagoans are each responsible for the second-most debt in the nation. It again gave the city an ‘F’ grade despite improvements from one-time federal COVID-19 aid and unusually high pension investment returns.

TAGS: Chicago, debt