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As Chicago's municipal bonds continue to be downgraded, an advisor says something has to be done on the political level.
In an extended, CNBC's Rick Santelli discusses Chicago's municipal bond crisis with Mike Shedlock, Sitka Pacific Capital Management.
CNBC's Kate Rogers reports from Chicago where SpotHero, an on-demand parking mobile app, hopes to ease the pain of finding a parking space in the city.
Sysco said on Friday that a record U.S. outbreak of avian flu would limit its chicken and egg supply for nine to 18 months.
A senior director at Standard & Poor's said on Friday that there are still options beyond default or bankruptcy for Chicago and Illinois.
Mondelez will decide between plants in Chicago and Mexico for a major new investment.
John Sugden, Standard & Poor's credit analyst, explains the rating on the state of Illinois.
S&P credit rating agency on Thursday downgraded Chicago's general obligation bonds to A- from A+.
Chicago debt was downgraded by Moody's to "junk" level. CNBC's Kate Rogers explains.
Moody's downgraded Chicago's credit rating down to junk level "Ba1" from "Baa2."
The city of the broad shoulders is facing its own financial problems, but comparisons to Detroit are far off the mark.
Chicago Mayor Rahm Emanuel discusses his plans to overhaul the budget, and create opportunities for education and jobs.
J.B. Pritzker, Pritzker Group, shares his thought on Uber's future. In the end they will be number one because they were there first, says Pritzker.
Both the city of Chicago and the state of Illinois are about $130 billion underfunded, says Mike "Mish" Shedlock.
Mike "Mish" Shedlock, investment advisor, Sitka Pacific Capital Management, discusses the financial plight of Chicago's board of education and how the city and state hope to deal with it.
Some NFL teams see their ticket prices jump after scoring big in the annual draft, and some don't.
The New York metropolitan area gobbles up more energy than any other major city in the world, according to new research.
Busy New Yorkers and Chicagoans will soon have another way to get meals delivered.
Some hotels and restaurants around the U.S. are offering special Tax Day promotions for filers that include meals and deals.
"I think Schmacon is the evolution and, frankly, it's maybe the revolution in bacon," says Howard Bender, creator of beef-based bacon.