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Finance & Economy

CME Group, the trading floor, and the economic pulse of Chicago and the Midwest.

High Quality Nails & Spa: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS
Finance & Economy

High Quality Nails & Spa: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

City Nails & Lashes: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS
Finance & Economy

City Nails & Lashes: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

Home Prices in DuPage County Keep Climbing Amid Persistent Inventory Shortage
Finance & Economy

Home Prices in DuPage County Keep Climbing Amid Persistent Inventory Shortage

Home prices across DuPage County continue rising as limited housing inventory keeps competition intense among buyers in Naperville, Wheaton, and Downers Grove.

Illinois Utilities Ramp Up Grid Investment Ahead of Battery Plant Expansions
Finance & Economy

Illinois Utilities Ramp Up Grid Investment Ahead of Battery Plant Expansions

Illinois's major utilities are significantly increasing grid investment to support new electric vehicle battery manufacturing plants across the state.

Venture Capital Flowing Into Chicago's Fintech Sector Hits New High
Finance & Economy

Venture Capital Flowing Into Chicago's Fintech Sector Hits New High

Venture capital investment in Chicago's fintech sector reached its highest level in five years, driven by trading technology and payments startups.

Illinois Corn and Soybean Exporters Navigate Shifting International Trade Rules
Finance & Economy

Illinois Corn and Soybean Exporters Navigate Shifting International Trade Rules

Illinois's corn and soybean industry is adjusting export strategies as shifting international trade rules affect key overseas markets.

Lawmakers Debate Expanded Tax Incentives to Attract Data Center Development to Illinois
Finance & Economy

Lawmakers Debate Expanded Tax Incentives to Attract Data Center Development to Illinois

Illinois lawmakers are debating an expansion of tax incentives aimed at attracting more data center developers to the state.

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | #1 Nails And Spa
Finance & Economy

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | #1 Nails And Spa

Paying part of a worker's wages in cash off the books can feel like a win for everyone, but of all the habits in this series it's the one the IRS treats most seriously. Here is why it raises concern, and why it quietly hurts your staff too.

Chicago Loop Office Vacancies Push Developers Toward Residential Conversions
Finance & Economy

Chicago Loop Office Vacancies Push Developers Toward Residential Conversions

Persistently high office vacancy rates in the Loop are pushing developers to convert aging office towers into apartments.