| May 6, 2014
| 10:04 AM
The quality of U.S. stock markets will improve if regulators limit trading that happens outside of exchanges, the head of CBOE Holdings Inc said on Tuesday after the company reported higher-than-expected quarterly earnings.
The comments from CEO Ed...
| May 7, 2014
| 11:29 AM
Chicago Teachers Union President Karen Lewis said today that the union would be “very active” in next year’s mayoral election, but offered little insight into efforts to recruit a challenger to Mayor Rahm Emanuel.
Underscoring her long...
| Apr 26, 2014
Writing letters since: 2000
Life story in 100 words or less: Grew up in Minneapolis with parents and two brothers. Mother was a property manager; father worked in securities. Graduated from St. Louis Park High School. Worked as a trader at...
| Apr 8, 2014
| 3:46 PM
The world's largest futures markets operator had to shut electronic trade for leading agricultural contracts on Tuesday, just a day before key U.S. crop data, as rare technical problems hit and sent traders scrambling to get back on the floor.
| Mar 18, 2014
| 12:22 PM
Trading hours for the CBOE Volatility index VIX futures will be extended to nearly 24 hours a day, five days a week, beginning June 22, the Chicago Board Options Exchange said on Tuesday.
Pending regulatory review, the trading week for VIX futures at...
| Sep 6, 2013
| 12:35 PM
Another DuPage County resident stepped forward today, complaining that he asked last month to be considered for an appointment to Metra's board but never heard back from County Chairman Dan Cronin, who plans to name a fellow politician to the post....
| May 31, 2013
| 6:04 PM
NEW YORK — A sudden jump in interest rates is casting a shadow over the stock market.
Stocks fell sharply Friday as a persistent rise in rates over the last month threatened to derail the powerful rally this year in share prices.
| Dec 19, 2012
| 11:26 AM
A coalition of public employee unions issued a report today blasting state legislation to address their vastly underfunded pension systems and offering instead to make increased worker contributions if lawmakers raised $2 billion by ending tax benefits to...
| Oct 20, 2011
| 6:12 PM
Illinois Senate President John Cullerton said Thursday night that he’s “disappointed” in Gov. Pat Quinn’s rejection of a plan to put slot machines at horse-race tracks in exchange for expanding casino gambling to Chicago.
| Nov 2, 2011
| 2:35 PM
As lawmakers contemplate a tax incentive package to appease Chicago’s financial exchanges who have threatened to leave Illinois, Gov. Pat Quinn says any deal must also include breaks for working families.
The requirement comes as Quinn prepares...
| Nov 3, 2011
| 3:32 PM
Senate President John Cullerton said Thursday that progress is being made toward a broad deal to pair tax breaks for the city’s financial exchanges with relief for smaller businesses and individual taxpayers.
Legislative leaders, who meet privately...
| Nov 6, 2011
Occupy Chicago protesters are writing another chapter in a long history of dissent in this city. Here are 10 demonstrated facts:
1 Chicago has never landed an Olympics, but in 1932 it hosted a "counter-Olympics." The event was organized by American...