The city stepped in with $28 million in short-term loans to a city pension fund amid a computer glitch and budget shortfall.

A final vote on both proposals, which would create 786 new homes, including 237 units of affordable housing, is set for the Sept. 25 City Council meeting.

Chicago Mayor Brandon Johnson's Financial Future Task Force released an interim report this week on Chicago's structurally imbalanced budget.

As cities face ballooning deficits, budget and pension concerns are also top of mind, according to a recent survey by ...

A City Council committee on Monday advanced a $90 million deal to settle nearly 200 police misconduct lawsuits​ tied to a ...

The SimpliSafe acquisition marks GTCR’s fifth deal in a security alarm company, the Chicago-based firm said in a statement, ...

Chicago financial executives said the Fed's independence is paramount as the central bank considers this week whether to cut ...

Equipment Finance Cares’ Chicago event, hosted by Wintrust Asset Finance, will be held on Thursday, Sept. 25 at the Wintrust ...

Multi-million dollar lawsuit settlements regarding police conduct typically get push back from some alderman but not in this case.

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust, announced that its board of directors has declared a regular quarterly cash dividend of ...

The cost of the precedent-setting settlement would be a fraction of the $500 million that Corporation Counsel Mary Richardson-Lowry has said it could have cost to resolve those cases individually.