The day of reckoning in Chicago is approaching, putting Democratic Mayor Rahm Emanuel in a difficult position with unions.» Read More
The data, presented on Saturday at the American Diabetes Association meeting in Chicago, also showed that the Lilly shot helped patients lose twice as much weight as those taking Merck& Co's $4 billion- a-year drug, Januvia.
NEW YORK, June 22- Fasten your seatbelts. "When market regimes shift, they rarely do so in an orderly fashion- look at equity prices collapsing at the end of the dot-com bubble or the height of the financial crisis," said Stephen Sachs, head of capital markets at exchange-traded fund issuer ProShares in Bethesda, Maryland. "
Detroit said it would stop making some debt payments and asked creditors to accept pennies on the dollar to help it avoid the largest municipal bankruptcy filing in US history.
Bank of America's proposed $8.5 billion settlement offers investors more than they are likely to get if they go to trial, a lawyer argued Monday.
Some advisors prefer clients with assets in the $500,000 to $2 million range over the ultrawealthy—they are less maintenance.
Chicago Fed President Charles Evans said the Fed has the appropriate level of monetary accommodation in place to let the reach "escape velocity" next year.
Occidental Petroleum shareholders voted Friday to oust longtime Chairman Ray Irani.
A plan to renovate 99-year-old Wrigley Field will be a 'great deal' for Chicago's economy, according to Cubs owner Tom Ricketts.
Tom Ricketts, Chicago Cubs owner & chairman, provides details on his plans to renovate the 99-year old ballpark.
The Fed's low interest policies are enabling companies to replace people with machines, Citadel head Ken Griffin tells the Milken Institute conference.
Gold is up almost 9 percent over the past 10 days. Don Luskin, Trend Macro, shares his economic outlook.
Goldman Sachs Group Inc's board awarded Chief Executive Lloyd Blankfein a 75 percent increase in compensation, to $21 million, for 2012 - including pay, bonus and restricted stock award.
Stockton and San Bernardino, the two California cities that have filed for bankruptcy protection, are both considered test cases in the epic battle over whether municipal bondholders or pensioners will absorb most of the pain when a government goes broke.
Millie Rosenbloom, Baird & Warner Broker Associate, and CNBC's Diana Olick discuss the Chicago realty market.
Colin Hebson, Dream Town realty agent, provides an in-depth look at what's working in Chicago's real estate market.
Dollar General posted a higher quarterly profit on Monday as increased sales of food and other basics helped drive growth despite consumers' concerns about the economy.
There was little sign of spring across a large swath of the U.S. Midwest on Sunday as a powerful storm dumped heavy snow across a widespread area.
Baseball-sized hail was reported in northern Florida, along with possible tornadoes, while heavy snow in Colorado and Kansas delayed flights and shut down part of Interstate-70. A crash involving up to 50 vehicles closed part of Interstate-25 near Loveland, Colorado, north of Denver.
While the private sector roars back, public sector hiring in areas such as education continues to feel the after-effects of the 2008 recession.
The price of gold rose to its highest level in nearly two weeks on Tuesday, but some pro traders can't agree on what move it might make next.