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Chicago’s Complete Business News Resource

The U.S. Senate on Tuesday handed legislation that may make daylight time permanent beginning in 2023, ending the twice-annual altering of clocks in a transfer promoted by supporters advocating brighter afternoons and more economic exercise. CTV’s chief financial commentator Pattie Lovett-Reid discusses the global market sell-off over fears of a brand new COVID-19 variant. A fuel analyst believes the value of gas might get even higher before receding, with the potential for more recording-breaking costs at the pump. Businesses accessing the government’s pandemic wage and hire subsidy will see their help decline by half over the weekend, prompting calls throughout the tourism sector for Ottawa to step in. Canadians took out fewer new mortgages even earlier than interest rates began to rise final week, but consumer debt continued to increase within the fourth quarter, Equifax mentioned in a report. The Canadian Real Estate Association says the national average house price …