Steve Grzanich has the business news of the day with the Wintrust Business Minute.

A bidding war has broken out among Chicago renters. Block Club Chicago says apartments in neighborhoods like Lakeview and West Town are renting for $500 or more over their listed rates and properties are being snapped up within hours of being posted online.

Also, a major new study on the impact of climate change will focus on Chicago. Listen for more below: