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Economics at chicagotribune.com

Thursday, Feb 1

05

Deal on wartime aid and border security stalls in Congress as time runs short to bolster Ukraine

With time slipping to bolster Ukraine's defenses, Senate negotiators struggled Wednesday to finalize a bipartisan deal that would pair policy changes at the U.S. southern border with wartime aid for Kyiv as their carefully negotiated…

03

‘I love this community’: Black-owned running store on South Side in race to open new shop

Ian Gonzalez, owner of Last Lap Cornerstore, hopes to raise $200,000 to open a brick-and-mortar shop in Hyde Park.

House passes bill to enhance child tax credit, revive key tax breaks for businesses

The House has passed a roughly $79 billion tax cut package expanding the child tax credit for millions of families and restoring three key tax breaks for businesses.

02

With new farm bill in the works, Illinois farmers go to Washington to urge investments in environmental justice

New law could provide protections that reduce economic inequality and build crop and human resilience to climate change

Aurora panel recommends more than $1 million in grants for social service groups

Aldermen on the Public Health, Safety and Transportation Committee recently recommended funding to 39 out of 49 organizations that applied, totaling just over $1 million.

01

Meta, TikTok CEOs among those testifying in Senate hearing on child exploitation

CEOs of Meta, TikTok, X and other social media companies went before the Senate Judiciary Committee to testify at a time when lawmakers and parents are growing increasingly concerned about the effects of social media on young people’s…

Terry Savage: Insurers’ losses to squeeze Advantage plans

Medicare Advantage is causing huge losses for insurers like Humana, which recently reported a surprising loss, attributed to higher than anticipated spending in Advantage plans.

Wednesday, Jan 31

00

Fed Chair: Federal Reserve is on track to cut rates, though not likely for months

www.chicagotribune.com

The Federal Reserve said interest rate cuts are coming, first in a policy statement and then in a news conference at which Chair Jerome Powell reinforced it.

23

Jim Nowlan: How can our federal government solve big problems? How about over dinner?

www.chicagotribune.com

The president and top congressional leaders and Cabinet members should be required to sit down together to wrestle with the big problems.

21

Group objecting to Donald Trump’s place on Illinois primary ballot takes its case to court

www.chicagotribune.com

A group seeking to have former President Donald Trump disqualified from Illinois’ March 19 GOP primary ballot based on the “insurrection clause” of the U.S. Constitution is seeking an expedited appeal of the board’s ruling in court.

Housing affordability near record low hits Black buyers particularly hard

www.chicagotribune.com

Black buyers must navigate a drastically different landscape than in 2020, when mortgage rates had not yet climbed to their recent highs.

20

Boeing cuts its 4Q loss to $30 million, but that was before one of its jets lost a panel in flight

www.chicagotribune.com

Boeing, however, again finds itself the focus of questions about the safety of its planes since a panel called a door plug blew off an Alaska Airlines Max 9.

17

Trump will meet with the Teamsters in Washington as he tries to cut into Biden’s union support

www.chicagotribune.com

Former President Donald Trump is meeting with members of the Teamsters Union in Washington as he looks past the GOP primary and towards a general election rematch against President Joe Biden.

PGA Tour strikes $3 billion deal with Fenway-led investment group that would give players equity ownership

www.chicagotribune.com

The PGA Tour is getting a $3 billion investment from Strategic Sports Group. The deal gives players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises.

16

Elon Musk cannot keep Tesla pay package worth more than $55 billion, judge rules

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Elon Musk is not entitled to landmark compensation package awarded by Tesla’s board of directors that is potentially worth more than $55 billion, a Delaware judge ruled Tuesday.

15

How the border crisis shattered President Joe Biden’s immigration hopes

www.chicagotribune.com

The number of people crossing into the United States has reached record levels, more than double than in the Trump years. The asylum system is still all but broken.

14

House GOP takes party-line vote toward impeachment of Homeland Security Secretary Alejandro Mayorkas

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House Republicans voted along party lines early Wednesday to move toward impeaching Homeland Security Secretary Alejandro Mayorkas for a “willful and systematic” refusal to enforce immigration laws as border security becomes a top 2024…

Daywatch: Police arbitration scheduled for a vote again

www.chicagotribune.com

Good morning, Chicago. Here are some of the top stories you need to know to start your day.

13

Kristin Bride and Maurine Molak: Will Congress finally act to protect kids from the harms of social media?

www.chicagotribune.com

We need Congress to act and pass responsible safeguards that would require tech companies to keep our kids safe from addictive and manipulative content.

05

Moore? Yes, please. Jenesis Moore already makes a big difference for Homewood-Flossmoor. ‘She has good DNA.’

www.chicagotribune.com

Jenesis Moore showed why she’s becoming another offensive force to be reckoned for the Vikings in Tuesday’s 67-42 win over Sandburg.

03

Elon Musk says the first human has received a brain-chip implant from Neuralink

www.chicagotribune.com

According to Elon Musk, the first human received an implant from his computer-brain interface company Neuralink over the weekend.

02

Activists call on Chicago to reverse permit denial for march before Democratic National Convention

www.chicagotribune.com

A group of abortion and LGBTQ+ activists appealed the city’s decision to reject their permit application for a march just before the Democratic National Convention.

01

President Biden calls Trump a ‘loser’ as he raises money in Florida

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President Joe Biden labeled his predecessor and potential opponent, Donald Trump, in this year’s campaign as a “loser” while raising money for his reelection in Florida on Tuesday.

Tuesday, Jan 30

00

Indiana House passes GOP-backed firearm sale privacy legislation

www.chicagotribune.com

On Tuesday, the Indiana House of Representatives to pass a GOP-authored bill aimed at keeping records of gun sales and ownership private.

Illinois elections board keeps Donald Trump on primary ballot. ‘I love Illinois,’ former president responds.

www.chicagotribune.com

Over objections based on the 14th Amendment, Illinois State Board of Elections unanimously votes to put Donald Trump on the state's March 19 primary ballot.

Judge orders Wisconsin elections officials to move quickly on changing absentee ballot rules

www.chicagotribune.com

A Wisconsin judge on Tuesday ordered the state elections commission to implement his ruling allowing election clerks to accept absentee ballots that have partial witness addresses, a decision that is expected to expand the number of…

23

Petey’s II closes doors in Orland Park, original restaurant in Oak Lawn remains open

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Owners of restaurant Petey's II in Orland Park at 159th Street and La Grange Road announce it's closing after more than a half century.

Indiana legislation would add extra verification steps to prove voters are eligible

www.chicagotribune.com

Republican lawmakers in Indiana have advanced a bill that would make first-time voters prove where they live and would increase the power of the state to verify all voters’ addresses.

18

UPS to cut 12,000 jobs 5 months after reaching union deal as revenue outlook for year disappoints

www.chicagotribune.com

UPS also hinted that its Coyote truck load brokerage business may be put up for sale. UPS acquired the Chicago-based company for $1.8 billion in 2015.

17

Winnetka Park District praises, waves goodbye to executive director John Peterson

www.chicagotribune.com

Outgoing Winnetka Park District Executive Director John Peterson has been serving his community for nearly a decade since he started as a Winnetka Park District Board commissioner in May 2015.