City Chicago Financial News

Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks to combat inflation without hurting the economy significantly.

Chicago Cubs on Monday announced replacement of manager David Ross with Craig Counsell. The team confirmed the news in a statement, expressing gratitude for Ross's contributions as both a player and a manager. Cubs President of Baseball Operations Jed Hoyer thanked Ross for his leadership and acknowledged his lasting impact on the organization, citing his integral role in the 2016 World Series victory. «Today we made the difficult decision to dismiss David Ross as our Major League Manager,» Hoyer said. «On behalf of the Cubs organization, we express our deep gratitude for David's contributions to our club, both on and off the field.

By Steve Gorman

New York Times. Barack Obama condemned the October 7 Hamas attack on Israel when dozens of militants breached the border and killed over 1,400 Israelis, taking more than 240 hostages.

Citi might be in the midst of a substantial re-shuffle, involving both job cuts and senior leadership “optimization”, but that doesn’t mean some of its managing directors aren't leaving of their own accords and joiningJane Street, in the promised land of electronic trading. 

The crypto industry continues to anticipate the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States as more investment managers file amended applications with the Securities and Exchange Commission (SEC).

Finra arbitrators rarely reveal the reasoning behind their decisions. But this week, a panel went into unusual detail to explain to Latin American victims of a Ponzi scheme why they won’t be able to collect damages against a major brokerage.

Bitcoin (BTC) futures open interest at the Chicago Mercantile Exchange (CME) hit an all-time high of $3.65 billion on November 1. This metric considers the value of every contract in play for the remaining calendar months, where buyers (longs) and sellers (shorts) are continually matched.

By Sri Hari N S and Laura Matthews

Memoirs of an Unregulated Economist By George J. Stigler (1985) 1. Although he never reached the renown of his lifelong friend Milton Friedman, George Stigler was a founding member of the Chicago school of economics.

The CEO of the National Association of Realtors is stepping down nearly two months before his planned retirement, a move that comes just two days after the trade group was dealt a punishing judgement in federal court over its rules on real estate agent...

A jury in Illinois has ordered Chicago-based Conagra Brands to pay $7.1 million to a Pennsylvania woman who was badly injured in 2017 when a can of cooking spray ignited in a commercial kitchen at her workplace and set her aflame

Choreo, a Chicago-based registered investment advisor, is acquiring the wealth management business of accounting firm BDO USA, which oversees roughly $8.1 billion in assets under advisement or management, the firm announced Wednesday.

The best way to make sure your doctors are still covered under your health insurance plan? Pick up the phone and call them. Each year, many workers learn the hard way that solely relying on your insurance provider’s online search tool to check on coverage during open enrollment doesn’t work. Those websites aren’t always up-to-date, benefits professionals caution.

Lauryn Hill has postponed her Fort Worth show as part of the 25th-anniversary tour for her 1998 album, «The Miseducation of Lauryn Hill.» The reason for the delay is ongoing vocal issues. Hill had previously delayed a show in Philadelphia due to the same problem. She explained in a tweet that doctors have advised her to rest her voice. Hill mentioned her struggle with vocal strain and injury over the past week and how she had continued to perform by using medication to mask the injury. She acknowledged the unsustainability and risk of this approach. Hill woke up on the day of the Fort Worth show with severely impaired vocal abilities, which led her to the decision to postpone the event. The artist expressed her desire to heal and rest her voice so that she can continue the tour in the future. She thanked her fans for their support and indicated her anticipation of returning to Texas. As per the latest information available, there has been no announcement regarding a rescheduled date for the Fort Worth performance. The Miseducation tour, including occasional reunion performances by the Fugees, started in early September in Minneapolis. Hill had previously postponed a show in Philadelphia to avoid further strain or damage to her vocal cords. However, she managed to perform in Chicago, where Chance the Rapper, one of her notable fans, was present with his mother. The next planned tour date is scheduled for November 2 at the Ball Arena in Denver, Colorado.

Blackstone and Vista Equity Partners bested a crowd of offshore sponsors and strategics at the eleventh hour to secure Energy Exemplar, the tearaway energy analytics business owned by The Riverside Company.

Creative Planning said Tuesday that it is acquiring Chicago-based Mesirow’s corporate retirement plan team, which oversees more than 350 retirement plans with roughly $13 billion in assets under advisement and management.

Judy Nugent, who played one of the twins on The Ruggles and a girl who flies around the world in the arms of Superman in a wonderful Adventures of Superman episode, has died. She was 83 years old.

The Chicago Mercantile Exchange (CME), a regulated derivatives exchange that lists Bitcoin (BTC) futures, now stands just behind Binance in terms of notional open interest to rank second in the list of BTC futures exchanges.

The regulated Chicago Mercantile Exchange (CME) is steadily climbing the ranks as one of the largest Bitcoin futures and perpetual futures exchanges in a development reminiscent of the early stages of the 2020-2021 bull run.

Disney film 'Lady And The Tramp'. The two lead characters share a bowl of spaghetti and find they are eating the same strand.