Job losses were widespread across a range of different types of employers, and indicated that two previous months of increases weren’t a fluke, one economist said.
Mayor Rahm Emanuel is reassuring Chicago taxpayers that they won’t be stuck with the bill for all the activity, security and disruptions that will occur around the NATO Summit the weekend of May 19.
University of Chicago economist Eric Hurst says Chicago housing prices have hit bottom, but adds no one should expect a big upward bounce in years to come.
A University of Chicago economist says Antarctica or Guam would be better places than Chicago for the upcoming G8 and NATO summits, now scheduled for mid-May in the Windy City.
Congress and President Barack Obama have three weeks before the nation’s debt limit must be raised, lest the country start to default on its obligations.