Jim Kirk, the publisher and executive editor of Crain’s Chicago Business, writes about why the publication is ending political endorsements. Kirk writes, “We no longer see value, however, in drawing a conclusion on behalf of our readers about who best should lead the city and the state from City Hall, […]
ends
Wall Street dips as record job growth ends
Wall Street has dipped as the novel coronavirus abruptly ended the longest spell of US employment growth on record, but declines were limited by a surprise expansion in the US services sector. The Labor Department’s report said a recession was under way as business activities have come to a standstill, […]
Oil ends lower after US stockpiles jump
Oil prices have fallen after US crude inventories rose last week by the most since 2016, while gasoline demand suffered its biggest weekly drop ever due to the coronavirus pandemic. Crude inventories rose by 13.8 million barrels last week, the US Energy Information Administration said. That was the biggest one-week […]