City Chicago Financial News

21.08 / 20:33

ETF regulation SEC Futures crypto futures Crypto futures and ETFs are knocking at the door: Law Decoded, Aug. 13–20.

Cryptocurrency exchange Coinbase has received approval from the United States National Futures Association to offer investments in crypto futures to eligible customers. The approval enables Coinbase to introduce Bitcoin (BTC) and Ether (ETH) futures contracts through its Commodity Futures Trading Commission-regulated derivatives exchange.

21.08 / 18:19

Airlines Pilots American Airlines American Airlines pilots approve new contract -union

CHICAGO (Reuters) — American Airlines (NASDAQ:AAL) pilots have approved a new four-year contract, their union said on Monday.

21.08 / 17:29

UPS love Banks Don’t Love Rich Mortgage Borrowers as Much as They Used To

Banking System, which had been offering the adjustable-rate jumbo loan she wanted to use, said it is focused on building customer relationships, and as a result, “jumbo mortgages are primarily reserved for customers." Christine Johnson, a marketing manager in Chicago, has been looking with her family of four for a house with a backyard. They wanted to put down 20% on a $1 million home and take out a jumbo loan.

20.08 / 15:13

Williams Career awards Actor show stage Emmy Award-winning actor Ron Cephas-Jones passes away – A look at his career

Ron Cephas-Jones passed away on August 19 at the age of 66. Popular for his role in the NBC television series This Is Us, he had two Emmy Awards wins to his credit as well as a Tony Award nomination. However, he was more prolific as a stage actor, being seen in several William Shakespeare play adaptations. Ron Cephas-Jones is the father of original Broadway ‘Hamilton’ actor Jasmine Cephas-Jones.

20.08 / 06:51

COST VISA Mobile country voice Students deported from US may face five-year entry ban

United States and had their student visa cancel could face a five-year entry ban to the country, TOI in a report said. These students can also face problems when they try entering other popular international study destinations such as Canada, the UK, and Australia, experts said The same report also said that this can also create long-term implications for these individuals if they want to get an H1B visa in the future unless endorsed by major MNCs. Financially, the cancellation of the F1 visa results in substantial losses as students forfeit expenses including visa fees, airfare, university application costs, consultant charges, and more, which could total around ₹3 lakh.

19.08 / 15:15

Citi Waters Parke Pride show performer voice Chicago Air & Water Show 2023: Thrilling lineup unveiled, check parking details, what to avoid & more

Chicago Air & Water Show prepares to dazzle spectators along the city's magnificent lakefront on August 19 and 20. Since its inauguration in 1959, this event has captured the hearts of millions, establishing itself as one of the largest and most anticipated free spectacles of its kind.

19.08 / 06:37

Provident Booking Microsoft CEO Platform Xbox Indian Satya Nadella 56th Birthday: A glimpse at Indian-origin Microsoft CEO's life journey

earning a master's degree in business administration from the University of Chicago in 1997. Also read: Microsoft's AI bet pays off, CEO Satya Nadella's windfall surpasses $1 billion amid stock surge Nadella's ascent within Microsoft was steady and impressive. By 1999, he had already been appointed vice president of the Microsoft bCentral small-business service.

19.08 / 04:23

VISA Action Indian US deports 21 Indian students in visa crackdown in a single day, ‘threatens jail’. Detail here

Twenty-one Indian students were deported from the US in a single day, sparking visa-related concerns. Hailing from Andhra Pradesh and Telangana, the students had completed visa formalities but faced document checks and detainment at Atlanta, Chicago, and San Francisco airports, as per media reports Students shared their confusion, as they believed they had fulfilled all requirements for their visas and were prepared to join colleges. As per Deccan Herald, The students said that they were not given adequate information about why they were sent back and assumed that it had something to do with their visa documentation.

19.08 / 02:13

COST UPS Citi CEO country Rising property taxes are a housing market killer

National Association of Home Builders CEO Jim Tobin explains how local governments have tied up housing construction projects.

18.08 / 12:13

Waves BLOCK ETF SEC BlackRock Mercantile Bitcoin fall crypto ETFs US poised to greenlight new wave of crypto ETFs in the fall

The US Securities and Exchange Commission is poised to allow the first exchange-traded funds based on Ether futures, a major win for several firms that long have sought to offer the products.

17.08 / 14:45

Booking Airlines Airlines are adding new routes and making a bold bet on continued strong demand for travel

Airlines are betting that the travel recovery remains red-hot

17.08 / 12:23

UPS Citi BLOCK Waters Puzzle show NOT Too Many Vacant Lots, Not Enough Housing: The U.S. Real-Estate Puzzle

CHICAGO—DaJuan Robinson was remodeling a house on the South Side, not far from the University of Chicago, when he spotted a vacant lot two doors away. He thought it might be worth developing. Then he learned about the back taxes, unpaid water bills and other hurdles that would take too much time and money to clear.

17.08 / 11:03

COST Extreme Fighting Microchip show track country Time Next Time You Buy Parmesan, Watch Out for the Microchip

QR codes are also proliferating, including on individual portions of pre-sliced Prosciutto di San Daniele, a raw ham similar to Prosciutto di Parma. A smartphone can be used to show information such as how long the prosciutto has been aged and when it was sliced.

17.08 / 05:37

Bitcoin Futures coinbase Futures Derivatives Bitcoin Coinbase futures approval seen as a major win amid the war on crypto

The approval for America’s largest digital asset exchange, Coinbase, to offer crypto futures to U.S. retail customers is being seen as a major regulatory victory amid a heated battle with the country’s securities regulator.

16.08 / 17:39

UPS SEC Platform coinbase Mercantile CBOE Bitcoin regulatory approval regulatory Crypto Exchange Coinbase Earns Regulatory Approval for Futures Trading

Coinbase (COIN) can now offer cryptocurrency futures trading on its U.S.-based exchange, the company said.

16.08 / 07:33

Provident Cooper SUN Platform Actor social Depp v. Heard documentary: Read the reviews before you decide to watch it

Depp v. Heard offers an exploration of the widely discussed courtroom trial in 2022, involving Johnny Depp and Amber Heard. As you consider diving into this documentary, it's advisable to read the reviews beforehand.

15.08 / 12:57

COP Fulton singer Trump Trump indictment: Kanye West's former publicist Trevian Kutti charged; Here’s everything we know

Atlanta, Georgia. Trump and his supporters were charged with attempt to interfere with the state’s 2020 presidential election. Among those charged included former publicist from Chicago, Trevian Kutti.

15.08 / 05:15

Digital Platform Entertainment TikTok cover social dance Starting next year, child influencers can sue if earnings aren't set aside, says new Illinois law

Illinois is the first state in the U.S. to ensure child social media influencers are compensated for their work

15.08 / 05:15

Manufacturing Action Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants

Illinois Gov. J.B. Pritzker has signed a law banning firearms advertising that officials determine produces a public safety threat or appeals to children, militants or others who might later use the weapons illegally

15.08 / 05:15

Career Apple Celebrity star rapper rap Chance the Rapper will discuss his career and the impact of hip-hop at an Apple store in Chicago

Chance the Rapper will take Apple store customers in Chicago on his hip-hop journey as part of an audio series celebrating the genre’s 50th anniversary

14.08 / 20:21

SEC Platform coinbase Enterprise Amicus blues Schools Legal Experts from Top U.S. Law Schools Critique SEC's Approach in Coinbase Lawsuit

A consortium of legal experts from top U.S. law schools are backing Coinbase in its lawsuit with the Securities and Exchange Commission (SEC), arguing that the latter has the wrong interpretation of what constitutes an “investment contract.”

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