Photo Gallery: Scenes from the Socialists’ inauguration protests

By Derek Robertson During a weekend where over 600 members joined the longstanding left activist group, the Democratic Socialists of America made their mark on the protests surrounding the inauguration of Republican President Donald J. Trump. Read more: ‘We can’t take this sitting down’: a Socialist Group’s Moment of Resistance Socialist Feminism Makes its Mark […]

Socialist feminism makes its mark on the Women’s march on Washington

By Derek Robertson The Democratic Socialists of America brought a unique perspective on feminism along with their flyers and signs to the Women’s March on Washington. DSA members at the March were only a drop in the massive bucket of humanity. They converged on Washington and across the nation last weekend, but they proclaimed their mission […]

U.S. consumer confidence declined in January

By Beixi(Bessie) Xu Consumer confidence fell slightly in January as worries about the future outweighed continued optimism about the current economy. The Conference Board said its Consumer Confidence Index now stands at 111.8, retreated from a revised 113.3 in December which was the highest since August 2001. This decline didn’t meet economists’ expectation, which was […]

Lawyers spring into action for immigrants at O’Hare

lawyer O'Hare

by Jingnan Huo While protesters against President Trump’s immigration ban rally outside Terminal Five of O’Hare International Airport, inside the terminal, by McDonald’s, on rows of tables, are about 20 lawyers working to help families and friends of immigrants who have had trouble at the border.

Wall Street cheers fourth quarter results for mall operators GGP and Simon Property

Water Tower Place

By Mindy Tan Mall operators are brushing off the troubles facing retailers as “business-as-usual.” The message from top executives of real estate investment trusts GGP Inc. and Simon Property Group Inc. Tuesday following the release of quarterly financial reports, was consistent in that retailer bankruptcies and anchor department store closures are nothing new, said Paul […]

Nasdaq Stock rallies despite net loss

By Jiefei Liu Despite reporting a quarterly loss, Nasdaq Inc. beat expectations and its stock climbed 3.46 percent. Nasdaq swung to a net loss of $224 million, or $1.35 per diluted share, from a net income of $131 million, or 77 cents per share, a year earlier primarily due to writing down the eSpeed trade […]

Energy experts: future of clean power lies in changing incentives

UChicago EPI 1-27

By Hannah Levitt The future of clean power depends on state and local governments implementing policies that expand the market for renewable energy development, according to energy policy experts at a seminar hosted by the Energy Policy Institute at the University of Chicago Thursday. Energy policy and economics expert Susan Tierney and New York State […]

Exxon Mobil’s Profit Plunges 40 Percent

By Urvashi Verma Exxon Mobil Corp.’s profit dropped nearly 40 percent in the fourth quarter as the company reported a $2 billion impairment in its natural gas assets and weaker profits from refining operations. Nevertheless, the stock decreased a modest 1.14 percent and closed at $83.89. Profit in the quarter declined to $1.68 billion or […]

MasterCard beats estimate but shares drop

a MasterCard® credit card from Citi

By Yifang (Evonne) Liu MasterCard Inc., a New York- based global payments company, beat Wall Street’s estimate by a penny, but revenue growth slowed compared to the first three quarters of 2016, and the stock dropped 2.8 percent. For the fourth quarter ended Dec. 31, MasterCard reported a net income of $933 million, or 86 […]