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Chicago Approves 19% Hotel Tax To Fund Tourism Push
Chicago Approves 19% Hotel Tax To Fund Tourism Push
The Chicago City Council has approved a plan to boost tourism marketing by raising hotel taxes. Under Ordinance 2026-0022544, the total tax rate on hotel rooms will increase from 17.5% to 19% in downtown and nearby areas, according to Fox News.
The higher rate will apply to hotels with more than 100 rooms that choose to participate.
The report says that alongside the tax increase, the council created a Tourism Improvement District (TID) to fund Choose Chicago, the city’s tourism marketing organization. Revenue...
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Apr 18, 2026 / Tyler Durden
US Prepares To Board Iran-Linked Ships Globally Following Iranian Gunboat Attack On Tanker In Hormuz
US Prepares To Board Iran-Linked Ships Globally Following Iranian Gunboat Attack On Tanker In Hormuz
Summary:
Two Iranian gunboats Open Fire on a tanker near Oman; 2nd tanker hit by 'unknown projectile'
Pentagon prepared to expand anti-vessel action, signals prepared to board Iran-linked ships globally
Friday: Hormuz Open; Saturday: Hormuz Closed
Trump: Iran wanted to close up Strait again, can't blackmail us
Strait of Hormuz traffic returns to normal by end of April?
Yes 28% · No 72%View full market & trade on Polymarket * * *
US Prepares to Board Iran-Linked Ships Globally
According to the latest...
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Apr 16, 2026 / Tyler Durden
US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb)
US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb)
At first glance the 0.5% MoM decline in US Industrial production (considerably worse than than the 0.1% MoM rise expected - and dragging YoY growth in IP down to +0.74%) is bad news... suggesting immediate impacts from the war are being felt and sparking headlines decrying President Trump's actions.
Source: Bloomberg
However, while we agree that the decline is notable, the fact that February's data was revised drastically higher, from +0.2% to +0.7% MoM, means that over the two...
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Mar 22, 2026 / Tyler Durden
ICE Agents To Assist With Airport Security Lines Starting Monday, Trump Confirms
ICE Agents To Assist With Airport Security Lines Starting Monday, Trump Confirms
In a post on his TruthSocial feed, President Trump has confirmed that ICE agents will be joining forces with TSA agents as of tomorrow to aid in the safe-keeping of Americans:
On Monday, ICE will be going to airports to help our wonderful TSA Agents...
... who have stayed on the job despite the fact that the Radical Left Democrats, who are only focused on protecting hard line criminals who have entered our Country illegally, are endangering the USA by holding...
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