State Illinois Financial News

By her own admission, Autumn Kimborough, 17, didn't have a passion for accounting. But the rising high school senior from Flossmoor, Illinois, heard about a well-paid summer internship at KPMG, which included a $250 clothing stipend, and got excited.

Amazon is cutting jobs in its Fresh Grocery stores as part of a restructuring plan in the U.S. The company confirmed Thursday that its eliminating “zone lead” roles in its 44 Fresh Grocery stores

Oil prices fell in early Asian trade on Friday as demand concerns weighed against strong economic data. Brent crude fell 59 cents, or 0.7%, to $83.65 a barrel by 0027 GMT, but was on track for a weekly 5% increase. U.S.

Amazon is cutting jobs in its Fresh Grocery stores as part of a restructuring plan in the U.S. The company confirmed Thursday that its eliminating “zone lead” roles in its 44 Fresh Grocery stores

Crypto exchange Binance and its CEO Changpeng "CZ" Zhao are planning to file a motion to dismiss a March-filed lawsuit from the United States commodities regulator.

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Terraform Labs is seeking permission from a judge to subpoena data from bankrupt crypto exchange FTX, claiming the information could help its defense against a lawsuit brought by the United States Securities and Exchange Commission (SEC) in February, a court filing shows.  

By Lucia Mutikani

United States Securities and Exchange Commission (SEC) Chair Gary Gensler has called for “new tools, expertise, and resources” aimed at addressing misconduct in the crypto space in the regulator’s 2024 budget request.

Oregon wildfire activity this week. The Flat Fire, has expanded to 8,204 acres by Tuesday morning, compared to 5,500 acres the previous day, as reported by firefighting teams. The fire is currently active in the Oak Flat and Agness area within Oregon's Rogue River-Siskiyou National Forest. It is located near the junction of the Illinois and Rogue rivers, approximately one hour east of Gold Beach. Fire teams have projected that the fire will continue to be active on Tuesday, resulting in thick smoke affecting nearby communities. Consequently, an air quality alert has been issued for southern Curry County and certain regions of western Josephine County. Moreover, in order to alert residents, a red flag warning has been issued for the Willamette Valley today from 2 to 8 p.m. This warning is due to the combination of high temperatures, strong winds, and low humidity, which create conditions favorable for rapid fire spread. The warning emphasizes the need for extra caution regarding potential sources of ignition, especially in grassy areas. Outdoor burning is strongly discouraged during this time. Keeping in mind the dire situation, it is crucial to understand what you can do to stay safe amid heat, fire and smoke.

A United Arab Emirates resident and Nigerian citizen was sentenced to 8 years in federal prison for orchestrating a multi-million dollar fraud scheme that victimized businesses across the U.S., Illinois federal prosecutors said.

A 35-year-old woman who prosecutors say operated a multistate prostitution business from a three-story Chicago building that functioned like a brothel has been sentenced to probation

Coinbase, the US-based cryptocurrency exchange, has temporarily paused its staking services in four states in response to legal proceedings from Securities and Exchange Commission (SEC).

United States-based cryptocurrency exchange Coinbase has announced it will be temporarily stopping customers from staking additional assets in four states amid legal proceedings from local regulators.

The Wall Street Journal has unearthed the identity of the man Lazard let go after some unspecified inappropriate behavior at a party last weekend. The alleged miscreant was reportedly Reid Snellenbarger, Lazard's Chicago-based co-head of restructuring and capital solutions. 

DeBianchi Real Estate’s Samantha DeBianchi gives her take on the new mansion tax in NYC and the great tax exodus.

Six states ordered Raymond James to pay $4.2 million in fines and penalties and return $8.25 million to retail customers who were charged excessive commissions for small-dollar trades.

Andrea Evans has died at her home in Pasadena, California. She was 66-year-old, according to reports.

Beyond medical bills in the millions and the weight of trauma and grief, mass shooting survivors and their family members contend with scores of changes showing how their lives have been upended by violence

Rivian Automotive on Monday beat Wall Street expectations for quarterly deliveries on stable demand for its electric vehicles, sending the company's shares up 10% in early trading. Amazon-backed Rivian has been struggling to lift output, pressured by supply-chain disruptions and a price war started by market leader Tesla.

NASCAR Cup Series street course race, which is also called Grant Park 220, is scheduled for 4:30 p.m. CT Sunday. It is being organized for the first time. The race will be held on the downtown Chicago streets around Grant Park, including Michigan Avenue. Here's what you may need to know about this race on Sunday: