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Treasurer Kurt Summers said investments would start flowing to local businesses next year.
The deposit helps stabilize Illinois Service Federal and allows for more lending to small businesses.
Treasurer Kurt Summers endorsed the plan, but Mayor Rahm Emanuel said he would consider the proposal.
Wendell Phillips Academy senior Malcolm Fox won the 10th annual scholarship from the city treasurer.
The fund is designed to spread investment money throughout the city's 77 community areas.
Learn how to save for college, get a mortgage and more at Saturday's Financial Education Resource Fair.
Jada Marie Campbell was surprised Monday morning with a $2,500 scholarship during her physics class.
Chicago's black techies came together at Google's Chicago office to discuss closing the black tech gap.
Three of his paintings were hung at City Hall through a call for artists by City Treasurer Kurt Summers.
“The goal is to open doors between communities, rally for a more interconnected [city]," organizer says.
The city's new initiative brings together leaders from all neighborhoods to collaborate.
There's a waiting list for tickets to the inauguration ceremony at the Chicago Theatre May 18.
"There's a difference between a doer and a talker," city Clerk Susan Mendoza said.
Summers replaces Stephanie Neely, who resigned four months before she was to run for re-election.
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And, no, they're not called Roosevelt and State.
For most of November, it'll be open two days a week, between 10 a.m.-4 p.m. Mondays and Tuesdays.
Data shows that while more blacks and Latinos applied to the CPD, most new officers are white.
The nation's largest bike maker is soliciting bids for a retail build-out at 1647 N. Milwaukee Ave.
Cochran was given CPR by 40th Ward Ald. Patrick O'Connor, taken to Northwestern hospital.
The violent robbery could be connected to four other robberies in the area, police said.
We looked at the data behind thousands of cellphones reported stolen in Chicago since January 2016.
Erin Mowry, 42, could be convicted of aggravated DUI for the July 2015 crash.
Terrion Pouncy, 19, was still hospitalized Thursday following surgery.
The eviction notices "caught many families unprepared," activists said.
"The reception has been outstanding. We've had lots of interest and excitement," the listing agent said.
About 20 percent of O'Hare and Midway flights for Thanksgiving get delayed, according to a new report.