Snapchat Video: Obama returns home to Chicago for final remarks as president

By Marianna Brady President Obama returned home to Chicago for his final remarks to the nation as commander-in-chief in a moving farewell speech on Tuesday. The speech was attended by a diverse group of about 18,000 supporters, including celebrities and politicians, according to The Chicago Tribune. We covered the event live on Snapchat; you can […]

Does Dodd-Frank swaps regulation reduce market risk?

chatting traders

By Jiefei Liu Derivatives experts differ on the effectiveness of the Dodd-Frank Act’s regulation, placed into effective in 2012, that over-the-ounter swaps be cleared through an established clearing house such as that of the Chicago Mercantile Exchange. The Act brings comprehensive regulations to swaps, because these previously unregulated products “were at the center of the […]

United expects stronger fourth-quarter revenue, shares rise

By Yemeng Yang Days after two analysts downgraded United Continental Holdings Inc., the Chicago-based carrier bolstered investors’ confidence by raising revenue projections for the quarter and year just ended. Shares of United rose $1.32 or 1.8 percent to $74.98 Wednesday, after a 2.5 percent increase in after-hours trading Tuesday when the guidance was released.

Supporters inspired by Obama’s call to action

Audience Watches Obama

By Katie Watkins and Ritu Prasad Joyce Brown still vividly remembers celebrating with the crowd in Grant Park when America elected its first black President. “It was surreal. It was like a fairytale,” said Brown, 68, reminiscing as she watched McCormick Place empty slowly after President Barack Obama’s farewell address Tuesday night. Brown, a South […]