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Chicago Voters Back Millionaires Tax, Corporate Tax Hikes

Mayor Brandon Johnson highlighted what he called overwhelming voter support for advisory ballot measures endorsing a millionaires tax, increased corporate taxes and expanded mental health resources in Tuesday’s midterm general election. The nonbinding results signal strong public appetite in Chicago for progressive fiscal policy.

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Chicago Releases Early Vote Totals for Midterm Election

The Chicago Board of Election Commissioners published early vote totals for the Nov. 3 general election, showing 211,657 in-person early ballots cast and 109,215 vote-by-mail ballots returned. The election also marked the first time Chicago voters chose members of a fully elected school board.

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Johnson Backs Ordinance to Legalize Mobile Food Carts

Mayor Brandon Johnson joined the Street Vendors Association of Chicago to endorse a proposed ordinance that would legalize mobile food carts and allow vendors to sell prepared foods on city sidewalks for the first time. Chicago is currently the only major U.S. city without such a licensing provision.

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CME Group Posts Record October Trading Volume

Chicago-based CME Group reported a record average daily volume of 30 million contracts in October, a 15 percent increase over the same month last year. Interest rate, equity index, energy and agricultural products all set October records.

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