Iran War Shock Has Chicago Fed Chief Pushing Off Rate Relief To 2027
Chicago Fed President Austan Goolsbee warned that an Iran-driven energy shock could reignite inflation and push expected 2026 Fed rate cuts into 2027. Markets have already repriced odds and consumers may feel the pinch at the pump.
Brighton Park Erupts as Chicago's Top Cop Grilled Over ICE Raids
Chicago’s police superintendent defended officers at a heated oversight hearing after federal immigration raids and a Border Patrol shooting prompted public outrage. The commission voted to seek an inspector general audit as questions about accountability mount.
Feds Drag Illinois Into Chicago Court Brawl Over Prediction Markets
The U.S. sued Illinois in federal court, arguing state cease‑and‑desist orders against prediction‑market platforms overreach and intrude on federal authority. The case could decide who regulates event contracts nationwide.
Rogers Park Fury as Mayor Doubles Down After Loyola Freshman’s Pier Slaying
Mayor Brandon Johnson stood by comments defending immigrant-welcome policies as Sheridan Gorman’s family demanded answers after the March 19 killing. The case has reignited debate over enforcement and cooperation with federal authorities.
City Hall Cage Match as Johnson Tries to Yank CHA Chair
Mayor Brandon Johnson has asked for the removal of CHA Operating Chairman Matthew Brewer after the authority’s board appointed a CEO the mayor opposed. Brewer says he will remain in his post, setting up a tense political fight over who runs the agency.












