Mayor Lori Lightfoot on Monday projected an $800 million budget shortfall for the rest of 2020, and a $1.2 billion deficit for next year, as the COVID-19 pandemic continues to take a severe toll on the city's tax revenues. CBS 2 Political Investigator Dana Kozlov reports.
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City Faces $1.2 Billion Budget Shortfall For 2021Mayor Lori Lightfoot on Monday projected an $800 million budget shortfall for the rest of 2020, and a $1.2 billion deficit for next year, as the COVID-19 pandemic continues to take a severe toll on the city's tax revenues. CBS 2 Political Investigator Dana Kozlov reports.
UIC To Offer In-State Tuition To American Indian And Alaska Native StudentsThe University of Illinois at Chicago is hoping to attract more American Indian and Alaska Native students with a new tuition perk.
Chicago Post Office To Stay Open Late For Last-Minute Tax FilersThere's still a way to get your federal tax returns in on time in Chicago if you don't quite make it to your local post office before it closes.
Spring Cleaning Your Finances With 'The Money Coach'With just one week left before April 15, "The Money Coach" Lynnette Khalfani-Coxit says it's the time to start thinking about spring cleaning your finances.
Wall Street Not Panicking After Historic Dow Jones PlungeAll eyes are on the stock market on Tuesday, after a huge day of losses on Monday. The Dow Jones suffered its largest one-day point drop in history. CBS 2's Diane King Hall explains why Wall Street is not in panic mode.
Low-Tech Ways To Save ThousandsCBS 2 Cost Cutter Dorothy Tucker has some old-school methods.
Fed Chair Signals Bump In Interest RateJanet Yellen's remarks came at a Chicago appearance Friday. CBS 2's Vince Gerasole reports.
Call To Invest In Black-Owned Banks Gains TractionCBS 2's Dorothy Tucker reports the impact is being felt here.
Tax Bills Double For Some ChicagoansThe sticker shock has begun. CBS 2's Vince Gerasole reports on what property owners can to do push back.
Are You Saving Enough For Retirement?CBS 2's Marissa Bailey has this sobering report.
Is Your Job Meaningful?CBS News Business Analyst Jill Schlesinger reports.