“According to the business leaders in charge of over a hundred of the world’s World Trade Centers from Boston to Nanjing, China, 83% of them think global trade uncertainty will either stay at its current elevated levels (30% saying so) or get even worse (53%). U.S.-China trade tensions and Brexit pose the greatest risk to […]
“Nationalism is all the rage right now, and not just in the United States. Throughout much of the Western world, voters in areas of economic and often demographic decline are making their anger felt at the ballot box. Mainstream political parties on both the right and the left are scrambling to capture the momentum and […]
“Snagging a Chicago casino, getting help with city pensions and landing an infrastructure bill are at the top of Mayor Lori Lightfoot’s list of priorities as Illinois lawmakers head into the legislature’s final week. The city’s new mayor said a casino was ‘a big priority’ for her in the Democratic-controlled General Assembly’s closing days and […]
“As spring arrives Chicago’s construction boom is shifting into high gear as the dozens of tower cranes swing into action. Downtown continues to be an ever-thickening forest of high-rises while outlying neighborhoods are seeing their own taller projects take root. New apartments continue to be the primary driving force behind the Windy City’s vertical growth as […]
“Crain’s annual list of the Chicago area’s largest privately held companies, ranked by annual revenue, breaks no molds with its top five. State Farm leads the pack, as it did last year (and many years before that), and the next four companies, Health Care Service Corp., Reyes Holdings, Topco Associates and Medline Industries remain in […]
Lori Lightfoot elected Chicago mayor, will be 1st black woman and 1st openly gay person to hold post
“Former federal prosecutor Lori Lightfoot defeated Toni Preckwinkle in a runoff for Chicago mayor Tuesday. She will be the first openly gay person and first black woman to lead the city. The Associated Press called the race for Lightfoot shortly before 8 p.m. local time. With over 91 percent of precincts in, Lightfoot led Preckwinkle […]
“The speculative development boom is still surging in Chicago’s industrial market, which had 19.3 million square feet of new industrial space under construction in February of 2019, according to Avison Young research. The 63 percent increase in construction activity from February 2018 shows that developers remain bullish on demand for modern space across the area.” […]
“The Commerce Department said Wednesday that – despite more than two years of President Donald Trump’s “America First” policies — the United States last year posted a $891.2 billion merchandise trade deficit, the largest in the nation’s 243-year history.” Read more here.
“Election Day in Chicago is almost here, with voters across the city heading to the polls. Here’s a look at some essential resources to help you prepare for the big day…” Read more here.
“Amazon took its ball and went home, dropping plans for a major expansion in New York City that could have included 25,000 jobs. While it’s a blow to New York, it’s good news for Chicago and other cities. “We do not intend to reopen the HQ2 search at this time,” the company said. “We will proceed […]