Miranda Davis

A JPMorgan Asset Management fund and developer Sterling Bay secured a $213 million refinancing for a Chicago office tower, in a deal that underscored the gap in the city’s real estate market between high-end properties and buildings that struggle to get financing.

President Donald Trump celebrated on social media after Indiana State Senate president Rodric Bray said he wouldn’t stand for re-election to the post, after Bray defied him over redistricting US House seats to give the party an advantage in this year’s midterms.

The refinancing provides a boost for the Chicago-based developer, which has struggled to get some projects off the ground amid higher borrowing costs.

The field of candidates running to replace Chicago Mayor Brandon Johnson next year is growing, setting the stage for a contentious election that will see progressive and moderate Democrats battle to lead the third-largest city in the US.

National By Miranda Davis, Bloomberg News The Tribune Content Agency Updated August 2, 2026 11:50 AM

The field of candidates running to replace Chicago Mayor Brandon Johnson next year is growing, setting the stage for a contentious election that

Chicago Mayor Brandon Johnson is pushing for a temporary moratorium on data centers, and signed an executive order on Tuesday to create new rules for any future developments.

Mike Lindell, a 2020 election denier and outspoken ally of President Donald Trump, is projected to lose Minnesota’s Republican primary for governor to state House Speaker Lisa Demuth, according to Decision Desk HQ.

The Democratic primary for Wisconsin governor, widely seen as a key test of the progressive wing’s strength, was too close to call late Tuesday, with Democratic Socialist Francesca Hong locked in a tight race against establishment-backed David Crowley.

Brandon Johnson will seek a second term as Democratic mayor of Chicago, likely facing an uphill battle to stay in office as his opponents have raised millions ahead of next year’s race.