Business News - Chicago Tribune

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Is the US headed for a recession? Look at what richer Americans do on Black Friday

Richer Americans are curtailing their spending ahead of Black Friday, a worrisome sign for an economy that has so far depended on the US consumer to stave off a recession.

November 21, 2023

Home sales slumped to slowest pace in more than 13 years in October as prices, borrowing costs, soar

The last time sales slumped this hard was in August 2010, when the housing market was in recovery from a severe crash.

November 21, 2023

How did Minnesota become the nation’s top turkey state?

There is a good chance the turkey on your plate was raised on one of Minnesota’s more than 650 turkey farms

November 21, 2023

Expect busy Chicago airports, roads as Thanksgiving travel kicks into high gear

The anticipated travel surge is expected to cap a year of strong travel demand.

November 21, 2023

Landmarks: Thanksgiving is a celebration of indigenous food and Native American culture for Chef Walks First

Jessica Pamonicutt, of Stickney, is known as Chef Walks First. Though her business Ketapanen Kitchen, which she owns with her husband Tony Garcia and her mentor Chef John Abels, she is busy giving presentations about indigenous foods up to three times day, as well as traveling throughout the Midwest to set up pop-up restaurants and catering private events.

November 21, 2023

No more waiting list — for now — as Chicago Cubs make season tickets available for immediate purchase

The Chicago Cubs say they saw a bump in season ticket sales after introducing manager Craig Counsell last week, and now they're offering season tickets to the public from their remaining inventory.

November 20, 2023

There’s only one cranberry farm in Minnesota, and it’s run by a 21-year-old woman and her brother

The tart berries are a staple of the Thanksgiving table, yet tend to spend the rest of the year pushed to the back of the freezer or pantry

November 20, 2023

Chicago Bears offensive guard Cody Whitehair sells Vernon Hills home for $625,000

Cody Whitehair paid $545,000 in 2020 to buy the house from then-teammate Leonard Floyd.

November 20, 2023

Your homemade cranberry sauce could cost you time in airport security line, TSA says

Those planning to fly during Thanksgiving week should arrive at the airport at least two hours before takeoff and pay attention to what they pack.

November 20, 2023

Sony’s Wonderverse bringing ‘Ghostbusters’ and ‘Zombieland’ to life at new entertainment destination inside Oakbrook Center

Wonderverse will include both permanent and pop-up themed attractions, from virtual reality quests and escape rooms to old school arcade games.

November 20, 2023

A landmark jury verdict threatens to upend home buying and selling. In Illinois, changes are already underway.

Homebuyers may have to chip in for real estate commissions in the wake of litigation alleging the current system artificially inflates agents' fees. In Chicago, the process has already started to change.

November 20, 2023

‘Bring Chicago Home’ proposal aims to boost funding for homeless services. But a similar measure in LA slowed real estate sales.

Critics worry "Bring Chicago Home" might encounter the same pitfalls Los Angeles has struggled with. They also fear raising any tax will sabotage recovery in the real estate market.

November 19, 2023

Yellow Line train crash caused by ‘design problem’ with braking system, investigators say

The CTA Yellow Line train's stopping distance was almost 1,000 feet too short, National Transportation Safety Board investigators said Saturday.

November 18, 2023

‘Please regulate AI:’ Artists push for U.S. copyright reforms but tech industry says not so fast

Country singers, romance novelists, video game artists and voice actors are appealing to the U.S. government for immediate relief from the threat that artificial intelligence poses to their livelihoods.

November 18, 2023

Ford and Stellantis workers join those at GM in approving contract settlement that ended UAW strikes

The United Auto Workers union has overwhelmingly ratified a new contract with Ford and Stellantis, a pact that, along with similar deals with General Motors, will raise pay across the industry.

November 18, 2023

US labor board delays new employment rule after business groups sue

The federal government is delaying a new rule that could make it easier for millions of workers to unionize after business groups sued.

November 17, 2023

No answers as investigation begins into CTA train crash as Yellow Line remains suspended

NTSB officials said they are beginning to investigate the crash Friday, but did not say what led to the Yellow Line train collision.

November 17, 2023

Honda recalls nearly 250K vehicles because bearings can fail and cause engines to run poorly or stall

The recall covers certain 2018 and 2019 Honda Pilot SUVs and Odyssey minivans, and some 2017 and 2019 Ridgeline pickup trucks.

November 17, 2023

Union workers at Stellantis and Ford close to ratifying deals that would end lengthy labor disputes

Members of the United Auto Workers union were close to approving contract agreements with Stellantis and Ford on Friday with voting at both companies overwhelmingly in favor.

November 17, 2023

First Pace electric bus fleet coming to Waukegan next year; free fare for ADA riders proposed

The Pace bus fleet in Waukegan will be the first in the entire system to be converted to a fully electric line with an electric garage for charging.

November 17, 2023

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