City Chicago Financial News
03.08 / 02:21
UPS
Target
Telegram
show
track
country
Russia strikes Ukraine's Danube port, sends grain prices soaring
Ukraine from exporting grain. The attacks destroyed buildings in the port of Izmail and halted ships in their tracks as they prepared to arrive there to load up with Ukrainian grain in defiance of a de-facto blockade Russia reimposed in mid-July. Ukrainian deputy prime minister Oleksandr Kubrakov said the Russian drone attacks damaged almost 40,000 tonnes of grains which had been destined for countries in Africa as well as China and Israel.
02.08 / 20:59
Ethereum
ETH
ETF
SEC
Strategy
VanEck
Bitcoin
Six Asset Managers File Fresh SEC Applications to Launch Ethereum Futures ETFs in the US
Six prominent asset managers have filed fresh applications to the US securities and exchange commission (SEC), for the approval of Ethereum (ETH) futures exchange-traded funds (ETFs). The filings come weeks after the regulator accepted spot Bitcoin (BTC) ETF applications in a span of one week.
02.08 / 16:35
COST
UPS
Maxim
performer
country
social
Our political economy works like a multi-player game
There are four main schools of political economy: The normative school with a benevolent policymaker at its centre trying to maximize a social welfare function; public choice theory with its focus on rule making; the Chicago school where policymakers redistribute wealth to maximize a support base; and the transaction cost school where each policy is a ‘play’ in a game where multiple principals try to influence an agent (policymaker) to maximize their own utility. Given our sub-optimal policy making history in the first four decades after 1947, the Indian political economy cannot be said to conform with the normative school model.
02.08 / 11:19
Ethereum
Adoption
ETF
regulation
SEC
Bitcoin
Ether ETFs pending - Grayscale, VanEck and others file SEC applications
Six major asset managers including Grayscale and VanEck have filed fresh applications in a bid to launch Ethereum Futures (ETH) exchange traded funds (ETF) to United States customers.
01.08 / 18:41
Provident
blues
Time
Chelsea vs Borussia Dortmund: See date, time, venue and where to watch preseason friendly game
Chelsea and Borussia Dortmund is scheduled for Chicago. The Blues have displayed potential during their preseason campaign under the direction of Mauricio Pochettino, including a victory in the Premier League Summer Series, fostering hope for the next season.
01.08 / 18:41
UPS
Citi
Coca-Cola
Anthem
singer
Shygirl and Tinashe announce co-headlining tour across North America; Check key dates, ticket details and more
Shygirl and Tinashe are teaming up for an exciting co-headlining tour across North America in October and November this year. The tour kicks off in Chicago and concludes in Oakland, with stops in cities like Toronto, New York, and Atlanta. Tinashe's upcoming album, BB/ANG3L, is expected to release later this year, while Shygirl recently dropped her Nymph in the Wild EP, following her last year's full-length album Nymph. Earlier this year, she released a deluxe version of Nymph featuring Tinashe on an updated version of «Heaven» and a Björk remix of "Woe."
01.08 / 17:59
Business News
Canada News
Molson Coors sales surge as market shift from Bud Light expected to be ‘very profitable’
Molson Coors Beverage on Tuesday raised its annual sales and profit forecasts, boosted by strong demand for its core brands Miller Lite and Coors Light.
01.08 / 13:25
Manufacturing
Caterpillar
Merck
Pfizer
show
open
Wall St set to open lower ahead of manufacturing, jobs data
By Johann M Cherian and Bansari Mayur Kamdar
31.07 / 15:17
UPS
NASDAQ
DOW
week
U.S. stocks are rising as another week of megacap earnings kicks off
Investing.com — U.S. stocks were rising ahead of a deluge of megacap earnings and the jobs report for July due out on Friday.
31.07 / 12:53
UPS
Booking
social
singer
rapper
How did rapper G Herbo use stolen credit cards to fund his lavish lifestyle? Modus operandi explained
rapper G Herbo, who was under trial for using stolen credit card information to fund his lavish lifestyle, has pleaded guilty. The singer faces a 25-year prison sentence if convicted. His sentencing is due on November 7, 2023.
30.07 / 20:39
Platform
love
show
star
classical
pop
What to watch on Netflix: Here are the best comedy series streaming on Netflix right now
Netflix offers a diverse range of comedy series to suit every taste. From classics like Seinfeld to unique shows like Beef and Cunk On Earth, there's something for everyone. Check out the best comedy series on Netflix to have a laugh-filled binge-watching session: Seinfeld: A clever mix of standup and situational comedy, following the everyday lives of four friends.
29.07 / 12:19
29.07 / 04:39
UPS
Nov
social
concert
rapper
Prison
Rapper G Herbo pleads guilty in credit card fraud, faces upto 25 years in prison
rapper G Herbo pleaded guilty Friday to his role in a scheme that used stolen credit card information to pay for a lavish lifestyle including private jets, exotic car rentals, a luxury vacation rental and even expensive designer puppies. Under a deal with prosecutors, the 27-year-old Chicago rapper, whose real name is Herbert Wright III, entered a guilty plea in federal court in Springfield, Massachusetts, to conspiracy to commit wire fraud and making false statements. In exchange, prosecutors dismissed several counts of aggravated identity theft. He also agreed to forfeit nearly $140,000, the amount he benefited from what prosecutors have said was a $1.5 million scheme that involved several other people. «Mr. Wright used stolen account information as his very own unlimited funding source, using victims' payment cards to finance an extravagant lifestyle and advance his career,» acting U.S. Attorney Joshua Levy said in a statement. Sentencing is scheduled for Nov. 7, and he faces a maximum of 25 years in prison. A voicemail seeking comment was left with his attorney.
29.07 / 03:43
Citi
Provident
FIVE
Progressive
Career
Cincinnati Reds extend manager David Bell's contract by another 3 years
Cincinnati Reds have made a significant move to extend the contract of their manager, David Bell, for three more years until the 2026 season. At 50 years old, Bell has been at the helm for five years and is currently in the final year of his previous contract. Last season was challenging for the Reds, as they endured 100 losses. However, this year has been a different story, with an impressive resurgence driven by a dynamic young core. The team's current record of 56-48 puts them in a competitive position, just 1½ games behind the first place in the National League Central division. If they manage to outperform the Milwaukee Brewers and the Chicago Cubs, they would accomplish a historic feat — becoming the first team in major league history to go from triple-digit losses to a division title in consecutive seasons.
29.07 / 02:01
UPS
Citi
FIVE
Software
classical
Chicago's tavern-style Pizza dominates menus from New York to Los Angeles; Here's why this pizza is taking over the US
Also read: Domino’s Pizza Strikes Deal With Uber in Search for New Sales Here are seven of the country’s top tavern-style pizza spots to visit Chefs are embracing the trend, and tavern-style pizzas have become a hit even beyond the Midwest. In New York, Patti Ann’s offers various takes on the classic Chicago-style pie. Windy City Pie in Seattle added its spin with an amari-focused bar program.
28.07 / 13:53
27.07 / 20:07
UPS
Citi
Software
show
track
Investigators say poor track conditions caused a 2021 Amtrak derailment in Montana that killed three
A derailment of an Amtrak train in Montana that killed three people in 2021 was caused by a poor track conditions at the accident site, federal investigators said in a final report
27.07 / 20:07
Arrow
Inside
travelers
United is adding Braille signs inside planes to help blind travelers find rows, seats and lavatories
United Airlines is starting to add Braille signs inside airplane cabins to help visually impaired travelers
27.07 / 08:15
Citi
FIVE
Aviat
Airlines
Boeing
Air India plans to start flights to Los Angeles, Boston
Air India is planning to operate flights to more US cities, including Los Angeles, and is assessing various metrics, according to sources. Currently, the airline operates non-stop flights to five American cities — Washington, DC, New York, New Jersey, Chicago and San Francisco. Los Angeles and Boston are among the cities being assessed as potential new destinations for long-haul flights from India, the sources said.
26.07 / 11:29
25.07 / 16:11
COST
Maxim
Action
Rhythm
show
performer
social
Political economy models offer diverse lenses on policy
My previous column (bit.ly/3O1XGqi) had presented empirical evidence on the political business cycle to show how economic life vibrates to the rhythms and rituals of politics. That policymaking is influenced by the forces of realpolitik is clear. To truly understand this, we require a model of the political economy where policy takes shape.
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