Business Stories from November 22, 2025 (Change date)
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‘Who wants to spend $800K for a 0.2-acre lot?’: St. Charles neighbors balk at housing proposal densityNov 22, 2025 2:46 pm - Across nearly 38 acres of one of the last agricultural remnants of St. Charles’ past, developers M/I Homes are proposing 83 single-family homes, but some city residents are raising objections to the plan’s density.
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Wall Street wants everyone using AI except its job applicantsNov 22, 2025 1:55 pm - As Wall Street’s biggest firms tout the many ways artificial intelligence is making their employees better, from tellers helping customers with account issues to investment bankers arranging multibillion-dollar deals, there’s one group they don’t want using AI: job candidates.
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Cook County’s tax delay exposes Illinois’ worsening business environmentNov 22, 2025 1:30 pm - Chicago’s and Cook County’s tax bases are eroding. The cost of the government keeps climbing.The biggest weak point is in the business sector. Commercial property values in the Loop fell by 7.2% during the past year. The taxes their owners will pay dropped by more than $129 million.
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The Biz Week That Was: Obstetric unit vote, New housing developments and a luxury car clubNov 22, 2025 1:20 pm - State board approves closing of Alexian Brothers obstetric unit, with a less than ringing endorsement The Illinois Health Facilities and Services Review Board Tuesda...
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Why index funds and ETFs are good for retireesNov 22, 2025 1:12 pm - Older adults likely began their investing careers before exchange-traded funds existed and have stuck with traditional mutual funds. But as retirement approaches, many investors look at their portfolios with a fresh set of eyes and make adjustments. And the more I work with in-retirement portfolios, the more I like ETFs and traditional index funds.
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You can save more in your 401(k) and IRA next year. Here’s why.Nov 22, 2025 1:04 pm - Next year, workers will be able to divert as much as $24,500 of their pay into a tax-advantaged workplace retirement account such as the 401(k), the 403(b) for nonprofit employees or 457 plans for government workers. That’s $1,000 more than the current cap.
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Itasca Bank & Trust Co. appoints Deborah Bartelt as chief operating officerNov 22, 2025 1:00 pm - Itasca Bank & Trust Co. recently appointed Debbie Bartelt as chief operating officer. A seasoned banking executive and former regulator, Bartelt brings extensive experie...
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Staying secure in the digital ageNov 22, 2025 12:49 pm - Digital innovation has made life faster, more convenient and more connected than ever before. But with these advancements comes a growing challenge — protecting ourselves and our businesses from increasingly sophisticated forms of fraud.
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Stay one step ahead of scammers this holiday seasonNov 22, 2025 12:44 pm - The Federal Trade Commission reports that Americans lose billions of dollars to fraud each year, with a noticeable spike during the holiday season.
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Saving federal income tax by paying a state Pass-Through Entity Tax for large gainsNov 22, 2025 12:04 pm - Selling something that has shot up in value — think appreciated stocks, bitcoin bought for pennies, a rental building, or a closely held business — can leave you staring at a hefty state and federal income tax bill.
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