In 2019, two Canadian brothers blew into Detroit with an irresistible pitch: For $50, almost anyone could become a property owner. When houses decayed and the city intervened, the blame games began.

Press reports and poll results declare the U.S. economy is in worse condition than it was in 2021 through 2024. Are they right?

Expert Austin Berg warns Chicago's 'pay later' debt culture under Mayor Brandon Johnson is alarming markets, with a $1B budget gap and risky bond deals.

Pushed over the edge by recent customer lawsuits and a “crypto winter” that saw Bitcoin valuation halved, Chicago-based trading firm BlockFills filed for Chapter 11 bankruptcy protection Sunday in a ...

There are only 31 affordable homes for rent for every 100 extremely low-income renter households in Chicago, according to a new report.

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When a company files for Chapter 11 bankruptcy with the intent of remaining a going concern, every aspect of its financial ...

McGlinchey Stafford, the New Orleans–based law firm that spent more than five decades building a regional footprint, has hit the end of the line. The firm has filed for bankruptcy and is carrying out ...

Jeramie Bizzle is a web producer for CBS Chicago. Jeramie began working with CBS Chicago as an intern in 2017 and returned as a full-time Web Producer in 2021. He has previously written for the Austin ...

For 35 years, Philip Hablutzel was a professor at Chicago-Kent College of Law, where he specialized in teaching difficult subjects like business law, financial securities law and international finance ...

Hawthorne Race Course filed for Chapter 11 bankruptcy, in an attempt to restructure its debt and attract a new investor. Hawthorne Park has been around for 134 years. Since Arlington Park closed a few ...

The Chicago enforcement division of the Commodity Futures Trading Commission is known as a group of heavy-hitters. Trial attorneys and investigators in the Chicago office have had a role in most major ...