The CHAs Central Advisory Council, an elected resident board, said Ald. Walter Burnett is not fit to lead the nations third-largest public housing authority and will sell off CHAs land for non-public housing purposes.
Dr. Patrick Soon-Shiong, the billionaire owner of the Los Angeles Times since 2018, said this week that he intends to take the newspaper public in the coming year.
The spike in the wholesale cost of electricity, which ComEd buys at an annual auction and then passes through to its customers, paired with increased energy usage, added $67.28 month-over-month to the average June 30 bill, the utility said.
Credit card issuers in India experienced a decline in new card additions in June 2025. Reserve Bank of India data indicates overall industry growth turned negative for the first time since Covid-19. Credit card spending also decreased. ICICI Bank and Kotak Mahindra Bank saw significant drops in cards in use. Banks are now focusing on high-quality customers.
Donald Trump called Jerome Powell a 'numbskull' for keeping interest rates high. Trump believes Powell's policies hurt the housing market. He also suggested Powell might be politically motivated. Treasury Secretary Scott Bessent criticized the Fed's spending on building renovations. Bessent wants the Fed to focus on its core monetary policy duties.
The mansion that just sold was built in 2021 and was designed by the Morgante Wilson architectural firm. It sits on Lake Michigan and has three inhabitable floors, including a walkout lower level.