10/12/23: Mortgage-rate angst hangs over housing market

05/25/21: Home sales soar even as prices go sky-high: The Chicago-area saw home sales and prices explode in April. Residential real estate reporter Dennis Rodkin joins host Amy Guth to explain why the market is hotter than it’s been in years. Plus: McDonald's reopening plan is running into opposition from franchisees, Gallagher set to fill Chicago’s Aon vacuum, Illinois Rep. Bobby Rush aims to restart biomedical research disrupted by pandemic and employers are left to take the lead when it comes to wearing masks at work. by Crain's Daily Gist

17 min listen

05/12/21: Why dealers are paying top-dollar for used cars: Used car values are soaring as dealers struggle to find pre-owned vehicles. Contributor Judy Crown joins host Amy Guth to discuss. Plus: The Navy Pier Flyover is finally finished, an Oprah-backed startup wants to help grocers peer into their produce, The owner of Barnes & Noble is buying Paper Source and Biden is set to nominate Rahm Emanuel as ambassador to Japan. by Crain's Daily Gist

16 min listen

05/06/21: Why new homes are getting more expensive: Strong demand and skyrocketing lumber prices are increasing the price of newly constructed homes by an average of $28,000 in the Chicago-area. Reporter Dennis Rodkin joins host Amy Guth to discuss. Plus: Chicago says farewell to CME's last commodity trading pits, local retail sales poised to rise 6 percent this year, billionaire Sam Zell's firm announces $3.4 billion deal for a industrial property company and a nationwide study finds the J&J pause didn’t significantly hurt public perception of COVID vaccines. by Crain's Daily Gist

39 min listen

05/17/21: Will businesses need to police who's vaccinated?: Vaccinated individuals no longer have to wear masks indoors and they won’t count toward capacity limits under the city’s reopening plan. But how will businesses be able to tell who got the shot? Reporters Danny Ecker and Stephanie Goldberg join a reporters roundtable with host Amy Guth to talk about what could be a logistical nightmare. Plus: Lollapalooza will be back this summer, Civic Federation hits Pritzker's plan to close corporate loophole, Mariano's parent, Kroger gave its CEO $22 million after ending hazard pay for workers, Cubs legend Ryne Sandberg will be a spokesman for Chicago weed giant PharmaCann. by Crain's Daily Gist

33 min listen

05/20/21: As prices explode, should you buy a home?: Low mortgage rates and a shortage of properties for sale has caused home prices to skyrocket. Do new homebuyers stand to lose money in the long run by buying in a sellers’ market? Dennis Rodkin joins host Amy Guth to recap this week’s real estate news and take listener questions. Plus: Agents group sues Allstate for multiple breaches of contract, WeWork chairman says demand for shared office space exceeds pre-pandemic levels, market research firm Ipsos reduces its downtown footprint, and Bank of America will raise minimum wage to $25 an hour. by Crain's Daily Gist

36 min listen

05/18/21: Would waiving vaccine patents help end the pandemic?: The Biden administration unexpectedly came out in favor of suspending patent protections for COVID-19 vaccines in a move meant to boost supply in countries hard-hit by the pandemic. Health care reporter Stephanie Goldberg joins host Amy Guth to talk about why the debate over intellectual property rights isn’t as simple as it seems. Plus: A new congressional map surfaces in Springfield, Delta to require vaccines for new employees, Stellantis cuts shift at Illinois Jeep plant amid chip shortage and a WHO report says working long hours increases risk of death from heart disease and stroke. by Crain's Daily Gist

16 min listen

05/10/21: How COVID spurred a shortage of everything from chicken to new cars: Missteps at the beginning of the pandemic are now leading to serious shortages in just about everything, sending prices soaring. Reporters Ally Marotti and John Pletz join host Amy Guth to discuss how tight supply could threaten to slow the nation’s economic recovery. Plus: Illinois could fully reopen as soon as June 11, a large electric vehicle plant is coming to Joliet, big names preparing bids for Medline, grocery prices are going up, and a proposed weed bill calls for three lotteries to increase the number of pot stores in the state. by Crain's Daily Gist

33 min listen

06/24/21: Are homebuyers really leaving the city for the suburbs?: New data suggests that home sales in Chicago are growing faster than the larger metropolitan area. Reporter Dennis Rodkin breaks down the numbers with host Amy Guth in a recap of this week’s real estate news. Plus: CIBC takes a stake in one of the city’s most prominent minority-owned financial firms; Amazon plans a distribution warehouse and hundreds of jobs in Humboldt Park; a look at Mayor Lightfoot’s claim that homicides and shootings are down; and Michelin-starred chef José Andrés is set to open a speakeasy in Chicago this summer. by Crain's Daily Gist

27 min listen

08/11/21: Lawsuit challenges Illinois’ school mask mandate: A lawsuit filed on behalf of a downstate parent claims Gov. J.B. Pritzker overstepped his authority in implementing a school mask mandate. Reporter A.D. Quig joins host Amy Guth to discuss and recap the latest news in state and local politics. Plus: Latest Crain’s-Harris poll finds a majority of Chicago execs believe vaccines should be mandatory for office workers, Cook County Health proposes a 15% budget increase as Medicaid plan enrollment grows, a Chicago ‘Internet of Things’ startup raises $65 million and a marijuana cultivation center is coming to the south suburbs. by Crain's Daily Gist

17 min listen

05/19/21: With eviction ban set to end, will $1.5B in renter aid be enough?: Illinois Gov. J.B. Pritzker announces $1.5 billion in rent relief as the state says it will lift its freeze on evictions in August. Crain's commercial real estate reporter Alby Gallun talks with host Amy Guth about what it means for renters and landlords. Plus: Lightfoot says Chicagoans should keep wearing masks, General Iron owner hits city with $100 million lawsuit, Fulton Market developer plans massive apartment and office project, Peapod founders have a new grocery-tech venture that helps consumers who have special diets find the right foods. by Crain's Daily Gist

17 min listen

06/08/21: Hedge fund’s move to cut costs at Tribune may backfire: Tribune Publishing’s new owner will likely try to turn a profit by slashing newsroom staff. Reporter Ally Marotti joins host Amy Guth to discuss how further cost-cutting will make it difficult for the Chicago Tribune and other newspapers to hold on to readers. Plus: A new report shows your property's share of local government debt, private-equity firms to buy Medline in $30 billion deal, Chicago Fire plans facility on Northwest Side and a ghost kitchen company owned by the co-founder of Uber is embroiled in a North Side NIMBY fight. by Crain's Daily Gist

18 min listen

06/07/21: How businesses are preparing for a full reopening: Restaurants are getting ready for the removal of coronavirus restrictions June 11, as downtown landlords see a boost with life slowly returning to Chicago’s central business district. Reporters Alby Gallun and Ally Marotti discuss in a roundtable with host Amy Guth. Plus: Pritzker criticizes new ethics rules for state lawmakers; Staples offers $1 billion for Office Depot's consumer unit in new bid; Boeing plans to test ‘curtain of air’ to fight COVID in jet cabins and warns China that a trade impasse threatens its global sway. by Crain's Daily Gist

35 min listen

06/01/21: How Chicago businesses are addressing calls for racial justice: A health care coalition is launching a new report card that aims to help hospitals and clinics reduce systemic racism and health disparities. Meanwhile, a real estate developer is putting money behind the mayor’s alternative plan to renaming Lake Shore Drive after Black explorer Jean Baptiste Point du Sable. Stephanie Goldberg and A.D. Quig discuss in a reporters’ roundtable with host Amy Guth. Plus: Amtrak details its big expansion plan, Rivian pushes back launch of its battery-powered truck by a month, Boeing to pay $17 million to settle FAA enforcement cases and a big film studio campus is planned for the South Side. by Crain's Daily Gist

33 min listen

05/27/21: Homes are going for well over the asking price: The average home in Chicago is now selling for over 100 percent of the asking price, but home values overall are still rising slower than in other major cities. Reporter Dennis Rodkin joins host Amy Guth to explain why that’s not necessarily a bad thing in a recap of this week’s real estate news. Plus: Mayor Lightfoot unveils plan to help hard-hit businesses, Illinois House passes long-awaited weed license bill, Illinois and Discovery Partners Institute team up to monitor COVID in wastewater and the travel rebound gains steam. by Crain's Daily Gist

26 min listen

05/24/21: The city is calling out businesses for a lack of diversity: Chicago’s political leaders are taking bold steps to bring attention to the lack of diversity in some of the city’s most powerful industries, from financial services to journalism. Crain’s Wendell Hutson and Ally Marotti join host Amy Guth for a reporters’ roundtable. Plus: McDonald's hit with $10 billion discrimination suit from Byron Allen, Tribune Publishing shareholders vote to sell company to hedge fund, CNA Financial paid $40 million in ransom after March cyberattack and Illinois will repay the $2 billion it borrowed from the Federal Reserve without using COVID relief funds. by Crain's Daily Gist

35 min listen

05/26/21: Why marijuana edibles are creating buzz: THC-infused snacks and candies are increasingly making up a huge share of total weed sales. Reporter John Pletz joins host Amy Guth to explain why Chicago’s deep roots in the food business may give local pot entrepreneurs an edge over the competition. Plus: Lightfoot administration faces more turnover, Chicago more than doubles rent relief funding, Fulton Market development sites hit the market and United Airlines launches its own vaccine lottery. by Crain's Daily Gist

17 min listen

05/11/21: What business leaders think of Chicago’s economic future: The most recent Executive Pulse Survey from Crain’s-Harris Poll finds the majority of business leaders are hopeful the economy will pick up in the next six months. Harris Poll CEO William Johnson joins host Amy Guth to discuss what’s top of mind for business owners and C-suite executives as the city opens back up. Plus: City to fund $60M in Michael Reese site infrastructure, Helmut Jahn leaves architectural legacy in Chicago and around the world, Gallagher reportedly in talks to buy Aon and Willis assets and Rush and BMO launch $10 million health equity institute. by Crain's Daily Gist

18 min listen

06/15/21: Why businesses are paying more for cyber insurance: Insurers are raising premiums as a growing number of ransomware attacks has more businesses looking for digital protection. Reporter Steve Daniels joins host Amy Guth to discuss. Plus: O’Hare is recovering slower than other major airports, Gov. J.B. Pritzker’s energy plan could be a lucrative opportunity for ComEd, large mall owner files Chapter 11 and a look at three Chicago shopping areas with three different post-pandemic recovery paths. by Crain's Daily Gist

19 min listen

05/13/21: These are Chicago’s hottest housing markets: Homes are selling fast across the region, but where are they selling the fastest? Reporter Dennis Rodkin joins host Amy Guth to discuss and recap this week's real estate news. Plus: White House enlists McDonald's to promote vaccines, Joffrey Ballet expanding to South Loop, city’s marketing chief made permanent head of World Business Chicago and a 29-story Loop office building goes back on the market. by Crain's Daily Gist

34 min listen

07/06/21: United is betting business travel will return. Will it? by Crain's Daily Gist

20 min listen

06/16/21: Does McDonald’s plan to automate drive-thru ordering break Illinois privacy law?: An Illinois privacy law that has entangled major companies including Facebook is now threatening McDonald’s efforts to improve drive-thru times—a key initiative in its plan to boost sales post-COVID. Crain’s reporter Ally Marotti joins host Amy Guth to explain. Plus: $7.3 billion takeover of Grubhub goes through, Boeing PAC resumes donating to politicians including Republicans who opposed certifying the presidential election, PharmaCann gets a $110M investment from a Canadian marijuana company and the travel rebound ends the need for United to furlough workers when federal pandemic aid runs out. by Crain's Daily Gist

18 min listen

06/03/21: Here’s why your home isn’t selling: Even in Chicago’s hot market, not all homes are selling fast. Reporter Dennis Rodkin joins host Amy Guth to take reader questions and recap the latest news in real estate. Plus: Travel restrictions loosen as Chicago's latest COVID measures show the lowest test positivity rate since the pandemic began, Illinois senators approve a plan for a fully elected Chicago school board, ComEd bribery defendants ask a judge to toss some charges and Radio Flyer takes e-bikes and scooters for a spin. by Crain's Daily Gist

37 min listen

06/02/21: What to know about Illinois’ new $42B state budget: Lawmakers approved a state budget that doesn’t contain tax increases. Political columnist Greg Hinz joins host Amy Guth to explain. Plus: The great supply chain crisis of 2021 is now starting to impact the construction business, First Midwest in $6.5 billion deal with Indiana bank, Ulta's new CEO confronts a beauty business altered by COVID-19 and Chicago clears the way for Mercy Hospital’s new owner. by Crain's Daily Gist

21 min listen

07/19/21: Post-lockdown strategies for shots, rides: Cook County is closing its last mass vaccination sites in favor of a more targeted approach to getting shots in arms, and Curb and Lyft try to sweeten the deal for customers as commuting returns. Crain's reporters Stephanie Goldberg and A.D. Quig discuss those stories and more with host Amy Guth. Plus: Mayor Lightfoot launches a $1 million reward fund to help get illegal weapons off the streets; Target opens a River North store; the parent of members-only club Soho House is valued at $2.8 billion after its IPO; and more growers and sellers are on the way under Illinois' new pot law. by Crain's Daily Gist

34 min listen

08/02/21: Delta variant throws wrench into return to office plans: Cook County is encouraging those to wear a mask indoors regardless of vaccination status amid the spread of the more contagious Delta variant. Stephanie Goldberg and Danny Ecker join host Amy Guth to talk about what it means for businesses. Plus: Fully elected school board now law in Chicago, city claws back more than $1 million from Mondelez and a Burger King operator, Caterpillar says costs will hurt margins even after price hikes, and Illinois issues first round of new weed shop licenses. by Crain's Daily Gist

41 min listen

06/17/21: Downtown condo sales are set to explode: Enticingly low prices are attracting buyers and laying the groundwork for a big increase in downtown condo sales. Reporter Dennis Rodkin joins host Amy Guth to explain in a recap of this week’s real estate news. Plus: Progressive hikes auto rates in Illinois as drivers take to the roads again, U.S. News ranks Lurie among the state’s top children's hospitals, Southwest says systems have been restored after 1,400 flights were disrupted due to a glitch, and chicken sandwich battles continue to rage as poultry prices soar. by Crain's Daily Gist

29 min listen

06/09/21: What’s the future for hotels post-pandemic?: A Gold Coast hotel for sale stands to provide clues about what investors think hotels are worth as the pandemic wanes. Commercial real estate reporter Danny Ecker discusses with host Amy Guth. Plus: Airline leaders plead to restart trans-Atlantic flights, Cook County changes its vaccination strategy to address hesitancy, insurance startup Kin raises $69 million with an investment from a PGA pro and 10 community leaders get $50K grants from the Field and Macarthur Foundations to make a difference in underserved areas. by Crain's Daily Gist

18 min listen

06/22/21: How employers can support mental health as workers return to the office: The pandemic has only made worker burnout worse. Now, as companies begin to return to the office, leaders will need to do more to keep workers engaged and motivated. Chicago Comes Back columnists Emily Drake and Todd Connor join host Amy Guth to discuss. Plus: How a newcomer to the hospital business plans to save Mercy, a scaled-back Air & Water Show is planned for this summer, Pfizer CEO urges Biden to form a coalition to cut drug costs, and here’s why you can expect long wait times and high prices when ordering an Uber or Lyft in Chicago right now. by Crain's Daily Gist

27 min listen

07/08/21: The three suburbs with almost no homes left for sale: In three Chicago suburbs, the fast-paced real estate market means the inventory of homes for sale is so slim, it's nearly nonexistent. Reporter Dennis Rodkin joins host Amy Guth to discuss and recap this week’s real estate news. Plus: The city's aviation chief says O’Hare is due for a major rebound, Grubhub has plans for robotic food delivery on college campuses, Willis Tower insurer sues the city and local sewer district over flood damage from May 2020 storms, and why Big Food companies need strong second-quarter numbers. by Crain's Daily Gist

30 min listen

06/30/21: New details emerge in Westlake Hospital saga: Despite promises to keep Westlake Hospital open, court filings now reveal that its for-profit owners had always intended to close the Melrose Park facility. Stephanie Goldberg joins host Amy Guth to discuss what it means for the future of health care in the largely Black and Brown western suburb. Plus: United places big jet order and CEO Scott Kirby details the Chicago carrier's plans to address an uptick in unruly passengers; Naperville sale marks biggest suburban apartment deal since 2018; Walmart counters Amazon's drug push. by Crain's Daily Gist

16 min listen

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10/12/23: Mortgage-rate angst hangs over housing market

10/12/23: Mortgage-rate angst hangs over housing market

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