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This year, more than 60,000 people attended each day over Memorial Day weekend, generating $243.7 million in economic activity for the city. The new deal could potentially include expanding the two-day festival to three days.
The boy was in the 5600 block of South Winchester Avenue about 4:30 p.m. when he suffered a gunshot wound to the thigh.
Richard Nixon defenders piled onto the Chicago mayor after a conservative media outlet clipped a comment Johnson made at a news conference addressing Fourth of July weekend violence.
Police say the teen attacked and robbed four passengers on CTA buses and trains starting Jan. 8. The most recent attack was July 4.