Illinois home price growth slowest in nation last year

By Bryce Hill

02/03/2020

Home price appreciation in Illinois was the slowest in the U.S. between the third quarter of 2018 and the third quarter of 2019, federal data showed.

TAGS: Chicago, Chicagoland, Cook County, government spending, Great Recession, home values, homeownership, household income, housing, housing market, ILGA: Illinois General Assembly, Illinois, income tax, Indiana, investment, JB Pritzker, Lake County, mortgage, recession, spending, Springfield, tax hikes, tax increase

Chicago area up 241K jobs, rest of Illinois down 41K jobs from before recession

By Austin Berg

01/21/2020

Illinois’ uneven recovery reflects national trends, but also raises important questions about the state’s economic future ahead of a key tax hike vote.

TAGS: BLS: Bureau of Labor Statistics, capital gains, Chicago, corporate income tax, economic competitiveness, economy, graduated income tax, Great Recession, ILGA: Illinois General Assembly, Illinois, investment, JB Pritzker, labor, minimum wage, outmigration, population, progressive income tax, real estate, recession, Springfield, tax hikes, tax increase

As nation celebrates small businesses, Illinois considers taxing them more

By Orphe Divounguy, Bryce Hill

11/27/2019

Most new jobs in Illinois are created by small businesses, yet state leaders are asking voters to hurt them by raising taxes on these employment dynamos.

TAGS: BLS: Bureau of Labor Statistics, entrepreneurs, Great Recession, Illinois, Illinois Constitution, investment, JB Pritzker, job creation, progressive income tax, s-corp, small business, spending cap, taxes, Tennessee, Texas

High-risk real estate investments cost Chicago pension funds $54M, win fund managers $9M

By Vincent Caruso

09/14/2018

A real estate investment deal arranged by a firm that employed former Mayor Richard M. Daley’s nephew has dealt a blow to Chicago’s cash-strapped pension funds, underscoring the need for a 401(k)-style alternative.

TAGS: Chicago, Daley, investment, municipal pensions, pension guarantee, pensions

Land of lagging: Illinois’ sluggish economy and lawmakers’ tax hike treachery

By Orphe Divounguy

01/24/2018

Illinois will not diverge from its path of poor growth until lawmakers realize the failures of recent tax hikes.

TAGS: GDP: gross domestic product, income tax, investment, taxes

CEO survey ranks Illinois’ business climate third-worst in the nation

By Brendan Bakala

11/30/2017

Illinois has been ranked third-to-last for business friendliness in three straight surveys of CEOs.

TAGS: budget, credit rating, deficit, economic competitiveness, investment, jobs, pensions

Illinois House passes nation’s most competitive crowdfunding rules

By Michael Lucci

04/17/2015

Illinois is poised to lead the crowdfunding revolution.

TAGS: crowdfunding, investment

Tinley Park forks over more taxpayer dough to half-baked pizza restaurant

By Austin Berg

09/17/2014

The village of Tinley Park has doubled-down on its investment in a privately managed restaurant within the 80th Avenue Metra station, voting this month to give $57,000 to Parmesans Station for a new pizza oven, according to the Chicago Tribune. In 2012, the village fronted a $600,000 investment for the restaurant space to complement the...

TAGS: investment, Parmesans Station

Unlocking Opportunity: How Occupational Licensing Reform Would Promote Equitable Empowerment in Illinois

Illinois finds itself at a crossroads: will it empower minorities and poor people to unleash their potential, or will it perpetuate an inequitable status quo? For far too many Illinoisans, opportunity is unfairly and unnecessarily out of reach. Illinois ranks in the bottom ten among all states in social mobility and last among Midwest states...

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Unlocking Opportunity: How Occupational Licensing Reform Would Promote Equitable Empowerment in Illinois

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Brandi Lentz

Process for unionizing non-state workers raises red flags

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students