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Economy of Chicago. Chicago and its suburbs is home to 35 Fortune 500 companies and is a transportation and distribution center. Manufacturing, printing, publishing, insurance, transportation, financial trading and services, and food processing also play major roles in the city's economy. The total economic output of Chicago in gross ...
Government of Chicago. The government of the City of Chicago, Illinois, United States is divided into executive and legislative branches. The Mayor of Chicago is the chief executive, elected by general election for a term of four years, with no term limits. The mayor appoints commissioners and other officials who oversee the various departments.
Chicago is an international hub for finance, culture, commerce, industry, education, technology, telecommunications, and transportation. It has the largest and most diverse derivatives market in the world, generating 20% of all volume in commodities and financial futures alone. [15]
The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. Milton Friedman, and George Stigler are considered the leading scholars of the Chicago school. [1]
Education. DePaul University ( BA, JD) Edward Michael Burke (born December 29, 1943) is an American politician found guilty of racketeering, bribery, and extortion [1] who served as the alderman of Chicago's 14th ward from 1969 to 2023. A member of the Democratic Party, he was first elected to the Chicago City Council in 1969, and represented ...
The City Treasurer’s Office is the custodian and manager of all cash and investments for the City of Chicago, the four City employee pension funds, and the Chicago Teacher’s Pension Fund. Additionally, the Treasurer’s Office manages a number of programs that promote financial education and small business growth in Chicago’s neighborhoods .
Chicago Mayor Brandon Johnson (D) says safety is a top priority ahead of the Democratic National Convention (DNC) this summer, amid concerns that anti-war protests similar to those in 1968 could ...
The Federal Reserve Bank of Chicago (informally the Chicago Fed) is one of twelve Federal Reserve Banks that, along with the Federal Reserve Board of Governors, make up the Federal Reserve System, the United States' central bank . The Chicago Fed serves the Seventh District, which encompasses the northern portions of Illinois and Indiana ...