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Global Economy

Are economic ties to China a strength or weakness for Illinois? Rep. Raja Krishnamoorthi weighs in.

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ChicagoGlobal by AJ Caughey

In a Q&A, Rep. Krishnamoorthi talks about Illinois’ trade relationship with China and how local businesses should navigate strained U.S.-China ties — and even help shape them.

Rep. Raja Krishnamoorthi
Alex Brandon / AP
US Foreign Policy

How China tariffs ripple throughout the Midwest economy

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ChicagoGlobal by H. Lee Murphy

The announcement of new import tariffs in mid-May amounted to the most significant trade protection measures — all aimed at China — from the U.S. in years. The impact on the Midwest will be significant.

A collection of currency from around the world
Eric Prouzet
Global Economy

The G7 Could Be in Its Death Throes—again

In the News
World Politics Review
Paul Poast

Paul Poast evaluates the future of the grouping as it holds its 50th meeting.

G7 leaders meet with European Commission President Ursula von der Leyen
Alex Brandon / AP
Global Politics

The United States Pursues Its Lithium Independence

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Running Numbers by Karl Friedhoff

The hunt for the key battery component is only the beginning of the story.

Construction continues at the Thacker Pass lithium mine near Orovada, Nevada
Rick Bowmer / AP
Global Economy

This man may be Chicago's biggest global philanthropist — and you've probably never heard of him

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ChicagoGlobal by H. Lee Murphy

A military veteran and businessman, the founder of DT Global has both a corporate and humanitarian presence in many of the world’s political hot spots.

Headshot for John DeBlasio
John DeBlasio
Global Economy

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

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

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

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

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