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Why the U.S. economy is outperforming much of the rest of the world

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ChicagoGlobal by H. Lee Murphy

Our economy grew a robust 3.1% last year and new job creation continues to surpass all expectations. One economist sits down with Crain's to talk about the trendlines for the nation — and for the Midwest.

A person looks at a large screen of the Japanese stock market
Eugene Hoshiko / AP
Global Economy

Monaco on Lake Michigan? How NASCAR's second annual street race hopes to boost Chicago's economy

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ChicagoGlobal by Jack Benjamin

Vying for international expansion, NASCAR's Grant Park race—akin to iconic global events like Monaco GP—bolsters Chicago's economy with a $109M impact.

In-motion image of racecars with the Chicago skyline in the background
Morry Gash / AP
Global Cities

American Rare Earths Find Comes up Short

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Running Numbers by Karl Friedhoff

The eventual extraction from Wyoming’s Halleck Creek site will be much smaller than the reported 2.34 billion tonnes.

 mountains in northeast Wyoming which hold one of North America's best deposits of rare earth elements
Mead Gruver / AP
Global Economy

Advocates espouse compounding benefit of immigrant health coverage

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ChicagoGlobal by Jon Asplund

The Healthy Illinois Campaign unveiled a new data review by UIC that lays out the benefits that ripple out from providing health insurance to the uninsured.

Two people hold hands, one wearing an orange hospital bracelet.
Jon Tyson
Global Health

How a trade delegation for female Irish entrepreneurs persuaded them to expand to Chicago

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ChicagoGlobal by AJ Caughey

Several large, Chicago-based firms, including Aon and Illinois Tool Works, have expanded into or relocated to Ireland since 2021—but that’s only half the story.

Aer Lingus Airbus A320 plane lands at Dublin airport.
Peter Morrison / AP
Global Economy

Many global cities are expanding outdoor dining, so what makes Chicago's Clark Street an exception?

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ChicagoGlobal by Jack Benjamin

Due to unresolved civic tensions, Chicago's Clark Street faces a potential shutdown despite expansions of outdoor dining programs in other global cities.

People sit on the terrace of a cafe in Paris
Thibault Camus / AP
Global Cities

A dealmaker scopes out the forecast for cross-border M&A action

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ChicagoGlobal by H. Lee Murphy

Adviser Brenda Jacobsen is holding her breath and suggesting an uptick in activity late last year and the first quarter this year heralds a comeback in 2024 transaction volume overall.

A collection of different currency notes from around the world.
Jason Leung
Global Economy

Americans Want US Leaders to Focus More on China and Southern Border

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Running Numbers by Dina Smeltz

Partisan differences guide assessments of where Washington should turn its attention.

a Chinese flag hangs near an automated parcel handling line at a warehouse for an online retailer in Beijing
Mark Schiefelbein / AP
Public Opinion

Why are foreign investors buying land in Illinois, and what does it mean for the state?

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ChicagoGlobal by AJ Caughey

In Illinois, Chinese investors own only about one square mile of land, while Portuguese, Italian, and Canadian interests hold over 760 square miles combined.

An aerial view of farm equipment harvesting a field
Joshua A. Bickel / AP
Global Economy

What Americans Think About the US-Japan Relationship

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Running Numbers by Craig Kafura

As US President Joe Biden hosts Japanese Prime Minister Fumio Kishida for a state visit, here’s what to know about US attitudes toward the alliance.

President Joe Biden and Japanese Prime Minister Fumio Kishida walk along the colonnade of the White House
Haiyun Jiang / AP
Public Opinion