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Hike again? Take a pause? Fed officials are split about what to do next to fight inflation

By CHRISTOPHER RUGABER AP Economics Writer
May 18, 2023 1:00 am - WASHINGTON - The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates in the coming months, leaving the outlook for the Fed's...
Gurnee restaurant The Chocolate Sanctuary to close June 30

By Doug T. Graham
May 18, 2023 1:00 am - The Chocolate Sanctuary, the Gurnee restaurant that infused nearly every dish with its namesake ingredient, will cease operations at the end of June, the family owners s...
Looking for a house? High mortgages, few homes lead to biggest annual price drop in 11 years

By ALEX VEIGA AP Business Writer
May 18, 2023 1:00 am - LOS ANGELES - A persistently low inventory of homes on the market held back U.S. home sales again in April, even as the national median sale price posted its biggest ann...
Sam Zell, billionaire Chicago real estate investor, dies

By The Associated Press
May 18, 2023 1:00 am - Sam Zell, a Chicago real estate magnate who earned a multibillion-dollar fortune and a reputation as "the grave dancer" for his ability to revive moribund properties die...
Plan to convert former Rolling Meadows firehouse into food hall falls through

By Christopher Placek
May 18, 2023 1:00 am - A plan to convert Rolling Meadows' old downtown firehouse into a food hall has fallen through, as city leaders take a step back to reevaluate what might work on the site...
Fewer Americans apply for jobless benefits, labor market still showing strength

By MATT OTT AP Business Writer
May 18, 2023 1:00 am - Fewer Americans applied for jobless benefits last week following a previous spike that many analysts took as a sign that higher interest rates were finally cooling the l...
Middleby announces executive retirement and additions

May 17, 2023 11:00 pm - ELGIN - Middleby said Martin M. Lindsay, chief risk and administration officer, is retiring and the company also announced the appointment of two company officers. Britt...
Kwilosz named Mainstreet Realtor of the Year

May 17, 2023 11:00 pm - DOWNERS GROVE - Brian Kwilosz of Naperville has been named the 2023 Realtor of the Year by the Mainstreet Organization of Realtors. Kwilosz is the designated managing br...
Lynch, Nettleton to lead Sikich CPA business

May 17, 2023 11:00 pm - NAPERVILLE - Sikich said partners Richard Lynch and Antony Nettleton will take over as managing partners of its CPA business. This role was previously held by Tom Krehbi...
TiEnergy celebrates its 20th year as an innovator in sustainable railroad and landfill management

Submitted by Karolyn Raphael
May 17, 2023 11:00 pm - Hampshire, Illinois (May 10, 2023) - TiEnergy LLC, a family-owned railroad tie recycling and repurposing company with a track record of innovation in the industry, recen...

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