Mayor Emanuel Refuses To Discuss Alternatives If State Supreme Court Shoots Down City Pension DealMayor Rahm Emanuel is refusing to discuss alternate plans if the city’s pension agreement continues to be shot down by the courts, reports WBBM Political Editor Craig Dellimore.
Mayor Emanuel Reveals Plans For Tackling City's DebtWith the city’s bond rating just a couple levels above junk status, Mayor Emanuel told the Civic Federation he is ending or phasing out some of the city’s more questionable borrowing practices.
U.S. Auto Loans Soar To Highest In 8 yearsU.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers.
Emanuel Defends Move To Borrow $900 Million In the blink of an eye, the Chicago City Council today authorized nearly a billion dollars in borrowing and more and Mayor Emanuel is defending the move.
Questions Remain Over Cause Of Roseland Hospital’s Financial EmergencyDid Roseland Community Hospital wind up on the brink of closing last week because of the primarily poor population it serves? Or because of mismanaging their resources? Depends on who you ask.
What To Do With Your Tax RefundMost tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
Walter's Perspective: New Property Tax Bills A Fascinating ReadHave you seen an envelope from the government of Cook County in the mail today, with news inside about how our tax dollars are being spent?
Opinion: The Fourteenth Amendment SolutionSpeaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.
Opinion: With Economics Intertwined With Foreign Affairs Romney Will Win The Final Presidential DebateRomney’s ideas – if presented fresh and enthusiastically hopeful for America’s future – can be the final bump he needs to win this election.
More Parents Shouldering Student DebtAs CBS 2’s Susan Carlson reports, more moms and dads are finding themselves making the payments on their children's student loans just when they should be saving for retirement.
Chicago Public Schools' Bond Rating Downgraded AgainOne of the nation’s bond rating agencies is out with another warning about the Chicago Public Schools system’s financial future.
State Worker: State Docking My Pay, Even After I Paid Off DebtThe city of Chicago has been going after state employees who owe money for unpaid parking tickets by taking money out of their paychecks, but one such employee said when the city got what it was owed from her, the state kept docking her paycheck.