Crain's Daily Gist

Chicago homeowners have been hit with the steepest property tax bill hike in at least 30 years. Crain’s commercial real estate reporter Danny Ecker talks with host Amy Guth about contributing factors. Plus: Chicago trading floor gets second act powering AI-led future, downtown Chicago apartment rents jump again amid supply crunch, crypto firm's Burling Bank bid ready for state ruling and U of I bi...

Tucked inside the massive bill to end the government shutdown, a ban on hemp-derived THC products . Crain’s cannabis reporter John Schroyer discusses the fallout from the ban with host Amy Guth. Plus: Johnson unveils amended budget to a skeptical City Council, AbbVie reportedly exits $1.5 billion longevity drug deal with Calico, big Chicago systems win out as three hospitals slide to F grades in L...

Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth discuss the latest news from the local housing market, including luxury home sales breaking an annual record with weeks still to go in 2025. Plus: Walgreens lists massive Old Post Office space for sublease, BDO claims it was impossible to detect alleged fraud at First Brands, owner of former Rainforest Cafe building facing fo...

Crain’s commercial real estate reporter Rachel Herzog joins host Amy Guth to discuss the latest deals around Chicago's rental market and supply's impact on rents. Plus: Walgreens cuts pay for store workers after $10 billion buyout, Zurich moving downtown office to Willis Tower, Volkswagen defies dealership protests with plan to begin Illinois warranty fees and FAA curbs private jet use at O'Hare a...

Advocates say anxiety around ICE raids is taking toll on Chicago's mental health resources. Crain’s health care reporter Jon Asplund discusses with host Amy Guth. Plus: Private-label giant TreeHouse Foods acquired in $2.9 billion deal, Illinois awaits word on $1 billion in Big Beautiful Bill cash for rural hospitals, Sterling Bay's Lincoln Park life sciences building selling for medical office con...

Chicago fast-casual chain Protein Bar is cashing in in on America's protein obsession. Crain's restaurants reporter Ally Marotti talks with host Amy Guth about the chain’s growth strategy and diner demands. Plus: Allstate profit more than triples in the third quarter, World Business Chicago reboots economic development strategy, Johnson defends budget plan despite warning of credit downgrade and e...

Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth discuss the latest from the local housing market, including Cook County tax bill delays causing homebuyer headaches . Plus: The suite of health care bills passed by Illinois lawmakers, AAR inks big office lease at Merchandise Mart, GoHealth plans to cut nearly 500 more jobs and former Mayor Daley creates merchant bank with so...

Cboe is restructuring to capitalize on surging U.S. options trading and has tapped an industry veteran to lead its new retail trading segment. Crain’s finance reporter Mark Weinraub discusses with host Amy Guth. Plus: City Council calls special meeting to grill Ernst & Young over budget audit, quantum park developers seek IEPA sign-off to begin work, Chicago Fed's Goolsbee more worried by inflatio...

Neighborhood development throughout the city continues to be lopsided . Crain's assistant managing editor Cassandra West joins host Amy Guth to talk about the most recent Forum’s focus on equitable development. Plus: Chicago school board approves controversial $175 million pension payment to the city, AbbVie raises outlook on strong sales of mainstay drugs, New York firm picks up Niles shopping ce...

A bailout package for Chicago transit passed in Springfield as the Bears' stadium funding efforts were again shut out . Crain’s politics reporter Justin Laurence discusses with host Amy Guth. Plus: 1871 is on the move to Edelman's downtown HQ, Senate OKs energy bill that includes billions for battery storage and nixes nuke ban, Heartland Bank expands in Illinois and Missouri with $170 million CNB...

Crain's residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local housing market, including Chicago's narrowing lead over U.S. home price growth. Plus: Fed cuts rates quarter point, sets end to balance-sheet runoff, GE HealthCare takes $100 million hit from tariffs, Kraft Heinz lowers sales outlook as CEO warns of worst consumer sentiment in decades and Mondele...

Illinois residents will face steep hikes in ACA health insurance premiums next year. Crain’s contributor Jon Asplund discusses with host Amy Guth. Plus: New York real estate firms raising big bet on Loop offices, American Airlines isn't pulling back in Chicago, Chicago Fire FC moving HQ to Wrigley Building and Trader Joe's coming to Fulton Market. Hosted by Simplecast, an AdsWizz company. See pcm....

Aldi is leaning into its own brand as private label sales surge. Crain's retail reporter Ally Marotti discusses with host Amy Guth. Plus: Moody's gives Illinois another credit upgrade — its 10th under Pritzker; Bally's could open a sports bar at Midway, but without slot machines; Baker Tilly Germany weighs selling stake to private equity; and a newly built Fulton Market apartments up for sale. Hos...

The Big Ten's $2 billion proposed private equity deal was dealt a major blow in Michigan. Crain’s education reporter Brandon Dupré discusses with host Amy Guth. Plus: A Google power deal could clear the way for a $1 billion carbon capture plant in Illinois, Rivian will pay $250 million to settle IPO class-action lawsuit, Aldi leans into its own brand as private labels boom and why eating a burger...

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including how Illinois counties are split on handling delinquent tax sales after a Supreme Court rebuke. Plus: Pritzker pushes back on head tax and Bears breaks — and urges transit action, Aqua tower apartments hit the market, Industrious opening second LaSalle Street co-workin...

Mayor Brandon Johnson's $16.6 billion budget revives the head tax and tests the limits of his support in the City Council. Crain’s reporter Justin Laurence discusses with host Amy Guth. Plus: Cboe looks to extend options hours in overnight trading push, nearly 2 million Illinoisans set to lose SNAP benefits amid congressional stalemate, BDO faces a reputational test after the First Brands bankrupt...

Owners of the Salt Shed music venue are eyeing adjacent property for possible expansion. Crain’s commercial real estate reporter Danny Ecker talks about those plans, and other changes happening along the North Branch of the Chicago River, with host Amy Guth. Plus: Molson Coors cutting 400 salaried jobs amid weak beer demand, Bally's faces lender wrath on debt plan involving Chicago casino, Illinoi...

Crain's restaurants reporter Ally Marotti joins host Amy Guth to discuss the latest from Chicago's dining scene, including newly open hot spots counting on regulars to keep them afloat and a Logan Square brewery undaunted by the craft beer industry's tough moment. Plus: Big Ten's $2 billion private equity deal dealt a major blow in Michigan, United Airlines says AI helped eliminate 4% of managemen...

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk local housing news, including a judge tossing a lawsuit filed by lakefront mansion owners in Winnetka. Plus: State Farm faces lawsuit from Illinois amid scrutiny over rate increases, state rep attempts to block Bears move to Arlington Heights, Stellantis announces it will make Jeep SUVs again in Belvidere and Chicag...

A Loop office tower slated for apartments won landmark approval from a city panel, but legal challenges for the project still loom. Crain’s commercial real estate reporter Danny Ecker discusses with host Amy Guth. Plus: Why vacancy isn’t dropping despite suburban office demand having just closed a big quarter; Johnson expected to revive head tax in 2026 budget plan; CTA plans 10% fare hike, joinin...

Illinois says it's already facing a $267 million budget shortfall . Crain’s reporter John Pletz discusses with host Amy Guth. Plus: Chicago auditor BDO cuts jobs under pressure from Apollo debt and client's collapse, Metra to increase fares to plug budget gap, cash-strapped CPS taps $200 million from credit line, Magnetar sold $1.9 billion in CoreWeave shares as insiders and investors started cash...

NinjaTrader is dangling $400,000 in prizes in its latest bid to lure retail traders. Crain’s finance reporter Mark Weinraub discusses with host Amy Guth. Plus: French quantum company bringing American HQ to Chicago, Bally's pushback halts move to legalize video gambling in Chicago, Randhurst Village up for sale and Loop tower wins landmark panel OK as legal challenges loom. Hosted by Simplecast, a...

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local housing market, including a judge's decision putting Illinois counties on thin ice with property tax sales. Plus: Thoma Bravo finalizes $5.5 billion Dayforce loan on high demand, flight delays pile up across U.S. as shutdown persists, UnitedHealthcare's pay cut to nurse anesthetists sparks federa...

Under a new city plan, downtown Chicago could more than double its population in the decades ahead. Crain’s commercial real estate reporter Rachel Herzog discusses with host Amy Guth. Plus: Walgreens shuttering Old Post Office workspace, keeping Deerfield HQ; Illinois in the mix as Stellantis readies $10 billion U.S. reboot; developer pitches mid-rise building in northwest Fulton Market; and Chica...

Chicago's future is being built by this year's 40 Under 40 honorees. Crain’s assistant managing editor Ann Weiler joins host Amy Guth to talk about this year’s class of honorees shaping markets in finance, law, healthcare, real estate, hospitality, tech and the arts and sciences. Plus: Johnson vows Chicago will fight to keep $2.1 billion in federal infrastructure grants, Colorado firm nears deal f...