Chicago studio complex Cinespace sold for $1 billion
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The studio campuses of Cinespace Studios in Chicago and Toronto have been acquired by TPG Real Estate Partners for $1.1 billion.

Cinespace Studios Chicago and Toronto aquired by TPG Real Estate in $1.1B deal

"I am thrilled to see this acquisition expand our capability for content creation and look forward to the jobs and productions it will bring to our region," Mayor Lori Lightfoot said.

How to decide if you need flood insurance for your home

Do you own or rent a home in an area with elevated flood risk? Here's how to decide if you need to take out a separate flood policy.

Fed to begin tapering its assets, economists say it will send interest rates higher

The Federal Reserve announced after its November meeting that it will begin tapering its economic stimulus. Here's what that could mean for interest rates.

Student loan forgiveness memo: Expert says Biden has authority to cancel student debt

The White House recently released a memo about canceling debt for federal student borrowers, but the text was heavily redacted. Here's what one expert thinks that means.

Holiday shoppers plan to spend more money in 2021 after 2 years of decline, TransUnion finds

Many consumers are planning on spending more money this holiday shopping season amid supply chain issues. Here's how consumer behavior may change the way you finance holiday expenses.

US consumer prices jumped 6.2% in past year, highest inflation rate since 1990

Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.

Biden administration begins notifying borrowers of student loan servicer changes

FSA began notifying borrowers of changes to their federal student loan repayment plans. Here's what you should know if your loan servicer is changing.

5 Chicago businesses cited for violating city mask mandate

The city of Chicago has cited five businesses for failing to enforce the city's COVID-19 indoor mask mandate.

Bars of Chicago: Newark Nook and the story of a side street pub

One neighborhood bar on the far Northwest Side may be the most Chicago real estate listing out there. Because for $400,000, you can be the next to carry the torch for the Newark Nook, a neighborhood bar in Norwood Park that’s one of the last of its kind.

26 states file suits against Biden's vaccine mandate for big companies

At least 26 Republican-led states filed lawsuits challenging a COVID-19 vaccine mandate for employers issued by President Biden's administration.

Why is Social Security running out of money?

If no action is taken, Social Security could run out of funds by 2033. Here's why, and what you can do if you need more funds.

Biden admin considering vaccine mandate for businesses with fewer than 100 employees

The Occupational Safety and Health Administration (OSHA) is considering whether businesses with fewer than 100 employees should be subject to the same COVID-19 vaccine and testing mandate it is implementing on big businesses.

Gen Z consumers are driving the credit industry rebound, TransUnion report finds

The youngest generation of consumers are leading the way in new credit originations, according to TransUnion. Here's how to choose the right credit card company and build better spending habits.