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Tensions are escalating between supporters of Chicago Public Schools (CPS) CEO Pedro Martinez and Mayor Brandon Johnson, who has called for Martinez to resign.
CHICAGO — As Mayor Brandon Johnson’s bid to borrow $1.25 billion to fund housing and development moved forward in the City Council Tuesday, it faced an unexpected roadblock: an alderman ...
A Georgia small business owner is seeking answers after Marquee Event Rentals abruptly shut down its Chicago warehouse, leaving what he claims is more than $135,000 in unpaid bills for work his ...
The Illinois Municipal Retirement Fund (or IMRF) is the second largest and best-funded public pension system in Illinois. Since 1941, has partnered with local units of government to provide retirement, disability and death benefits for public employees. With a funded status of about 98 percent and more than $50 billion in assets, IMRF is well ...
Chicago Public Schools were the most racial-ethnically separated among large city school systems, according to research by The New York Times in 2012, [47] as a result of most students' attending schools close to their homes. In the 1970s the Mexican origin student population grew in CPS, although it never exceeded 10% of the total CPS student ...
The Chicago plan was a monetary and banking reform program suggested in the wake of the Great Depression by a group of University of Chicago economists including Henry Simons, Garfield Cox, Aaron Director, Paul Douglas, Albert G. Hart, Frank Knight, Lloyd Mints and Henry Schultz. [1][2][3] Its main provision was to require 100% reserves on ...
As of the first quarter of 2024, the Council for Community and Economic Research found that the Cost of Living Index in San Francisco (the nation's fourth-most expensive city) is 169.6 — more ...
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.
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