published Aug 30th 2016, 1:19 pm, by Elizabeth Campbell (Bloomberg) — Chicago had its credit outlook raised by Fitch Ratings to stable because of the city’s work to shore up its retirement system and avert insolvency for the pensions that don’t have enough money to pay the benefits promised. “The

Written and Produced By James Vincent   You think the Brits have problems with Brexit? Summer is half over and you’re just barely starting to put your summer wardrobe together. If you’re like me – you’ve bought a few pairs of shorts and a few polo shirts. The Chicago summer

published May 30th 2016, 5:48 pm, by Elizabeth Campbell (Bloomberg) —Illinois lawmakers overrode Governor Bruce Rauner’s veto of a law that gives Chicago a partial break on its pension payments to police and fire retirement funds. The House followed the Senate’s vote Monday to nix the veto. Rauner, a first-term

Produced and Written by James Vincent   What nice thing can anyone say about March? It’s still winter – though, blessedly, toward the end. It’s not spring yet, but it’s close enough that you can at least start planning a spring wardrobe. And as has been pointed out here in

Produced and Written By James Vincent The Holidays are over. Winter weather has finally set in – and with it, the resulting doldrums. Short of a business trip to Miami – or if you were smart enough to schedule a winter vacation in the Bahamas – what’s a guy to

©2015 Bloomberg News NYAH266JIJUU (Bloomberg) — As Chicago awaits the ruling on whether Mayor Rahm Emanuel’s plan to save its retirement funds from insolvency is dead or alive, investors are already marking the fight down as a loss that will strain city coffers and boost pension costs by billions. Conning,

Written and Produced by James Vincent   Not all business trips involve an airport. What is it about a new automobile that inspires a guy to look his best? Looking your best is especially important when you’re in a brand new Mini from Field’s Mini of Chicago, featured here this

©2015 Bloomberg News NVTLDV6JTSEF (Bloomberg) — In the wake of Thursday’s mass shooting in Oregon, a familiar political pattern has emerged, with Democrats advocating for tougher gun laws and Republicans arguing that such legislation won’t make a difference in curbing firearm deaths. To make the latter point, two of the current GOP presidential candidates, New

©2015 Bloomberg News NR38KP6KLVR8 (Bloomberg) — Commodity traders in Chicago and New York aren’t ready to call it quits even after CME Group Inc. shut most of the futures pits in both cities. Some brokers and traders will rent booths as office space to trade futures electronically as more active